
NYSEFinancial ServicesAsset Management
Latest quote
$12.52
−$0.05 · -0.40%
Nuveen Churchill Direct Lending Corp. (NCDL), initially formed as a Delaware limited liability company on March 13, 2018, and subsequently restructured into a Maryland corporation on June 18, 2019, prior to commencing its business activities, operates as a closed-end, externally managed, non-diversified investment company. It has chosen to be regulated as a Business Development Company (BDC) under the Investment Company Act of 1940, as amended. The firm's principal investment goal is to generate appealing risk-adjusted returns, primarily through current income. This is achieved by predominantly investing in senior secured loans provided to private equity-backed U.S. middle market companies, which NCDL identifies as enterprises with annual earnings before interest, taxes, depreciation, and amortization (EBITDA) generally ranging from $10.0 million to $100.0 million. Its portfolio will largely comprise what it refers to as "Senior Loans," primarily consisting of privately originated first-lien senior secured debt and unitranche loans (excluding "last-out" positions) to these performing U.S. middle market businesses. Additionally, the company selectively pursues "Junior Capital Investments," which include instruments such as second-lien loans, subordinated debt, last-out unitranche loan positions, and various equity-related securities.
Previous close
$12.52
−$0.05 · -0.40%
Regular session · ET · Market data may be delayed.
Nuveen Churchill Direct Lending Corp. (NCDL), initially formed as a Delaware limited liability company on March 13, 2018, and subsequently restructured into a Maryland corporation on June 18, 2019, prior to commencing its business activities, operates as a closed-end, externally managed, non-diversified investment company. It has chosen to be regulated as a Business Development Company (BDC) under the Investment Company Act of 1940, as amended. The firm's principal investment goal is to generate appealing risk-adjusted returns, primarily through current income. This is achieved by predominantly investing in senior secured loans provided to private equity-backed U.S. middle market companies, which NCDL identifies as enterprises with annual earnings before interest, taxes, depreciation, and amortization (EBITDA) generally ranging from $10.0 million to $100.0 million. Its portfolio will largely comprise what it refers to as "Senior Loans," primarily consisting of privately originated first-lien senior secured debt and unitranche loans (excluding "last-out" positions) to these performing U.S. middle market businesses. Additionally, the company selectively pursues "Junior Capital Investments," which include instruments such as second-lien loans, subordinated debt, last-out unitranche loan positions, and various equity-related securities.
Day range
Current $12.52
52-week range
Current $12.52
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
81
Deep Value
Sentiment
56
Mixed
Risk
37
Moderate Risk
Momentum
38
Weakening
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Thesis, catalysts, evidence, and risk analysis.
Nuveen Churchill Direct Lending Corp. (NCDL), initially formed as a Delaware limited liability company on March 13, 2018, and subsequently restructured into a Maryland corporation on June 18, 2019, prior to commencing its business activities, operates as a closed-end, externally managed, non-diversified investment company. It has chosen to be regulated as a Business Development Company (BDC) under the Investment Company Act of 1940, as amended. The firm's principal investment goal is to generate appealing risk-adjusted returns, primarily through current income. This is achieved by predominantly investing in senior secured loans provided to private equity-backed U.S. middle market companies, which NCDL identifies as enterprises with annual earnings before interest, taxes, depreciation, and amortization (EBITDA) generally ranging from $10.0 million to $100.0 million. Its portfolio will largely comprise what it refers to as "Senior Loans," primarily consisting of privately originated first-lien senior secured debt and unitranche loans (excluding "last-out" positions) to these performing U.S. middle market businesses. Additionally, the company selectively pursues "Junior Capital Investments," which include instruments such as second-lien loans, subordinated debt, last-out unitranche loan positions, and various equity-related securities.
Day range
Current $12.52
52-week range
Current $12.52
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 201.85M USD | 186M USD | 144.01M USD | 46.82M USD | 39.25M USD |
| Cost of goods sold | 30.54M USD | 74.58M USD | 57.98M USD | 23.42M USD | 9.83M USD |
| Gross profit | 171.31M USD | 111.42M USD | 86.03M USD | 23.39M USD | 29.43M USD |
| Selling, general, and administrative | 7.61M USD | 6.54M USD | 6.19M USD | 3.99M USD | 2.68M USD |
| Operating expenses | 27.64M USD | −5.05M USD | 9.26M USD | 6.08M USD | 2.16M USD |
| Interest income | 195.9M USD | 213.1M USD | 160.51M USD | 80.66M USD | 35.02M USD |
| Interest expense | 77.9M USD | 79.88M USD | 61.21M USD | 25.7M USD | 9.83M USD |
| Operating income | 143.66M USD | 116.48M USD | 76.77M USD | 17.31M USD | 27.27M USD |
| Net income | 65.61M USD | 116.32M USD | 75.94M USD | 17.29M USD | 27.27M USD |
Company facts updated Sep 8, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$12.50
0.16% downsideCash distributions grouped by calendar year; partial years are marked.
$1.90
2025 complete year-9.5% since 2024
2026 partial: $0.78
$2.10
2,024
$1.90
2,025
$0.78
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
DividendUpcoming | Sep 30, 2026 | $0.38Quarterly | Sep 30, 2026 | Oct 27, 2026 |
Dividend | Jun 30, 2026 | $0.38Special | Jun 30, 2026 | Jul 28, 2026 |
Dividend | Mar 31, 2026 | $0.40Special | Mar 31, 2026 | Apr 28, 2026 |
Dividend | Dec 31, 2025 | $0.45Quarterly | Dec 31, 2025 | Jan 27, 2026 |
Dividend | Sep 30, 2025 | $0.45Monthly | Sep 30, 2025 | Oct 28, 2025 |
Dividend | Jun 30, 2025 | $0.45Quarterly | Jun 30, 2025 | Jul 28, 2025 |
Ex-dividend Sep 30, 2026
$0.38
Quarterly
Record Sep 30, 2026 · Payment Oct 27, 2026
Ex-dividend Jun 30, 2026
$0.38
Special
Record Jun 30, 2026 · Payment Jul 28, 2026
Ex-dividend Mar 31, 2026
$0.40
Special
Record Mar 31, 2026 · Payment Apr 28, 2026
Ex-dividend Dec 31, 2025
$0.45
Quarterly
Record Dec 31, 2025 · Payment Jan 27, 2026
Ex-dividend Sep 30, 2025
$0.45
Monthly
Record Sep 30, 2025 · Payment Oct 28, 2025
Ex-dividend Jun 30, 2025
$0.45
Quarterly
Record Jun 30, 2025 · Payment Jul 28, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
Invesco KBW High Dividend Yield Financial ETFKBWD10.78M2.62%411.28M USD5.39%$12.51+0.44%
VanEck BDC Income ETFBIZD9.17M0.55%1.68B USD9.69%$13.33-0.15%
GraniteShares HIPS US High Income ETFHIPS2.84M2.25%126.14M USD1.17%$11.76+0.26%
FT Confluence BDC & Specialty Finance Income ETFFBDC669.18K1.84%34.63M USD0.95%$17.66+0.17%
Virtus Private Credit Strategy ETFVPC423.04K1.42%29.89M USD10.60%$15.76+0.32%
Simplify VettaFi Private Credit Strategy ETFPCR23.65K0.99%2.39M USD0.76%$19.12-0.05%
Invesco KBW High Dividend Yield Financial ETFKBWD
VanEck BDC Income ETFBIZD
GraniteShares HIPS US High Income ETFHIPS
FT Confluence BDC & Specialty Finance Income ETFFBDC
Virtus Private Credit Strategy ETFVPC
Simplify VettaFi Private Credit Strategy ETFPCRAI-generated and delayed market data for informational and educational purposes only. Not investment advice.