Nuveen Churchill Direct Lending Corp. (NCDL) Dividend History

NYSE: NCDLYield, payment dates, growth and payout ratio.

NCDL latest dividend

$0.38last dividend per share
Ex-dividend dateSep 30Wednesday, 2026
Payment dateOct 27Tuesday, 2026

The next dividend has not been announced yet.

  • 1 yearsof dividend increases
  • 2024paying since
  • Quarterly4 payments a year
  • —5-year growth a year
  • 14.31%forward yield

NCDL dividend income calculator

Dividend income a year
$152
Each payment
$38
Value of the shares
$1,062
Dividend yield
14.31%

At the latest close; forward annual dividend $1.52 per share, before tax.

NCDL dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

NCDL dividend safety

Payout ratio (earnings)95.3%
Above earnings · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)52.7%
Well covered · of fiscal 2025 free cash flow
Years of increases1
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

NCDL yield on cost

Nuveen Churchill Direct Lending Corp. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$13.7511.05%$1.6111.7%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

NCDL dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 16 payments).

NCDL dividends by year

Nuveen Churchill Direct Lending Corp. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$2.35+11.9%17.62%6
2024$2.10—12.51%7

NCDL dividend history

16 payments
Nuveen Churchill Direct Lending Corp. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-09-302026-10-27$0.38—Quarterly
2026-06-302026-07-28$0.38−5.0%Quarterly
2026-03-312026-04-28$0.4−11.1%Quarterly
2025-12-312026-01-27$0.45—Quarterly
2025-09-302025-10-28$0.45—Quarterly
2025-08-252025-10-28$0.45—Quarterly
2025-06-302025-07-28$0.45—Quarterly
2025-03-312025-04-28$0.45+350.0%Quarterly
2025-02-122025-04-28$0.1−77.8%
2024-12-312025-01-28$0.45+350.0%Quarterly
2024-11-082025-01-28$0.1−77.8%
2024-09-302024-10-28$0.45+350.0%Quarterly
2024-08-122024-10-28$0.1−77.8%
2024-06-282024-07-29$0.45+350.0%Quarterly
2024-05-102024-07-28$0.1−77.8%
2024-03-272024-04-29$0.45—Quarterly

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

NCDL stock split history

Nuveen Churchill Direct Lending has no stock splits on record.

NCDL dividend overview

Nuveen Churchill Direct Lending pays an annual dividend of $1.52 per share, a yield of 14.31% at the latest close, paid quarterly. It paid $2.35 per share in 2025, up 11.9% from 2024. The payout ratio is 95.3% of trailing earnings.

Related: NCDL cash flow statement, NCDL key metrics, NCDL chart. See the NCDL stock overview for the latest quote and news.

NCDL dividends FAQ

Does Nuveen Churchill Direct Lending pay a dividend?

Yes. Nuveen Churchill Direct Lending has paid a regular dividend since 2024, quarterly, most recently $0.38 per share with an ex-dividend date of September 30, 2026.

What is Nuveen Churchill Direct Lending's dividend yield?

Nuveen Churchill Direct Lending's forward annual dividend is $1.52 per share, a dividend yield of 14.31% at the latest close of $10.62.

How often does Nuveen Churchill Direct Lending pay dividends?

Nuveen Churchill Direct Lending pays dividends quarterly.

What is Nuveen Churchill Direct Lending's dividend payout ratio?

Nuveen Churchill Direct Lending pays out 95.3% of its trailing earnings as dividends and 52.7% of its free cash flow (fiscal 2025).

Asset Management: dividends