Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
Sixth Street Specialty Lending Inc (TSLX) stock reached a new 52-week high, closing at $24.45, with InvestingPro data showing impressive year-to-date returns of 18.9% and a robust dividend yield of 8.61%. This milestone highlights the company’s strong performance over the past year, during which the stock has experienced a notable 11.58% increase. The achievement reflects investor confidence and positive outlook, supported by TSLX’s excellent financial health score of 3.09 on InvestingPro and impressive current ratio of 3.06x. As the stock continues to climb, it underscores the company’s resilience and ability to navigate market challenges effectively, maintaining dividend payments for 12 consecutive years while delivering strong returns across multiple timeframes.
In other recent news, Sixth Street Specialty Lending Inc. reported its first-quarter 2025 earnings, revealing an adjusted net investment income of $0.58 per share, which exceeded the projected $0.55. The company’s revenue, however, fell short of expectations at $116.3 million compared to the anticipated $117.17 million. Despite the revenue miss, the earnings per share beat underscores effective financial management. In another development, John D. Hershey has been appointed to the board of directors of Sixth Street Specialty Lending, filling the vacancy left by John Ross’s retirement. Hershey will serve as a Class II director and has been named to several committees, including the audit and compensation committees. Additionally, Hershey brings extensive experience from his previous role as director of investments at the Oregon State Treasury. These recent developments indicate a period of strategic adjustments and financial performance for Sixth Street Specialty Lending.
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