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Nuveen Churchill Direct Lending Corp. (NCDL)

Financial Services | Asset Management | New York, United States | NYSE
10.61 USD -0.25 (-2.302%) ⇩ (Oct. 16, 2026, 3:42 p.m. EDT)

Short-term:★☆☆☆☆Long-term:★☆☆☆☆Dividends:★⯪☆☆☆
Hot Take ↕ | Oct. 10, 2026, 1:27 a.m. EDT

The immediate outlook is severely compromised by a collapsing dividend coverage ratio of nearly 178%, signaling that the current payout is being funded by capital erosion rather than earnings. This fundamental distress is compounded by a sharp 24% price decline over the last year and a recent downgrade from Wells Fargo citing pressure on the dividend. While the 14% yield appears attractive, it is a trap for income investors as the company cannot sustain these payments without further dilution or asset fire sales. The stock is trading well below its 52-week high, reflecting the market's recognition of this deteriorating balance sheet and the high risk of a complete dividend cut.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.027359
AutoETS0.028619
AutoARIMA0.028625
AutoTheta0.030335

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 46%
H-stat 3.55
Ljung-Box p 0.000
Jarque-Bera p 0.000
Excess Kurtosis 1.19
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-09-29
Last Dividend Date 2026-09-29
Market Cap 523,996,736
Trailing P/E 11.17
Forward P/E 6.91
Website https://www.churchillam.com/nuveen-churchill-direct-lending-corp

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
3.38% 12.96% — —
Dividend History
Date Dividend Yield %
2026-09-30 0.38 3.380783
2026-06-30 0.38 3.059581
2026-03-31 0.40 3.144654
2025-12-31 0.45 3.373313
2025-09-30 0.45 3.260870
2025-06-30 0.45 2.779493
2025-03-31 0.45 2.650177
2025-02-12 0.10 0.577034
2024-12-31 0.45 2.681764
2024-11-08 0.10 0.585480
2024-09-30 0.45 2.583238
2024-08-12 0.10 0.607903
2024-06-28 0.45 2.586207
2024-05-10 0.10 0.573394
2024-03-27 0.45 2.620850
Additional Data
dividendRate 1.52
dividendYield 14.0
exDividendDate 2026-09-30
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 0.38
lastDividendDate 2026-09-30

Info Dump

Attribute Value
52 Week Change -0.21018183
Address1 375 Park Avenue
All Time High 18.1
All Time Low 10.54
Ask 10.65
Ask Size 400
Average Analyst Rating 2.2 - Buy
Average Daily Volume10 Day 260,980
Average Daily Volume3 Month 206,620
Average Volume 206,620
Average Volume10Days 260,980
Bid 10.63
Bid Size 500
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 10.61
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 10.9815
Day Low 10.608
Display Name Nuveen Churchill Direct Lending
Dividend Rate 1.52
Dividend Yield 14.0
Earnings Call Timestamp End 1,746,716,400
Earnings Call Timestamp Start 1,746,716,400
Earnings Timestamp End 1,754,915,400
Earnings Timestamp Start 1,754,397,000
Ebitda Margins 0.0
Eps Current Year 1.58324
Eps Forward 1.53605
Eps Trailing Twelve Months 0.95
Esg Populated 0
Ex Dividend Date 1,790,726,400
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.9352
Fifty Day Average Change -1.3252001
Fifty Day Average Change Percent -0.11103292
Fifty Two Week Change Percent -21.018183
Fifty Two Week High 15.07
Fifty Two Week High Change -4.46
Fifty Two Week High Change Percent -0.29595223
Fifty Two Week Low 10.54
Fifty Two Week Low Change 0.069999695
Fifty Two Week Low Change Percent 0.006641337
Fifty Two Week Range 10.54 - 15.07
First Trade Date Milliseconds 1,706,193,000,000
Forward Eps 1.53605
Forward P E 6.907327
Full Exchange Name NYSE
Fullday Change -0.25
Fullday Change Percent -2.3020258
Fullday Price 10.61
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.0
Has Pre Post Market Data 1
Held Percent Insiders 0.000080000005
Held Percent Institutions 0.3197
Implied Shares Outstanding 49,387,065
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,790,726,400
Last Dividend Value 0.38
Long Business Summary Nuveen Churchill Direct Lending Corp. (the “Company”) is business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations. The Company is a closed-end, externally managed, non-diversified management investment company that has elected to be regulated as a business development company (“BDC”) under the Investment Company Act of 1940, as amended (the “1940 Act”). The Company's investment objective is to generate attractive risk-adjusted returns primarily through current income by investing primarily in senior secured loans to private equity-owned U.S. middle market companies, which the Company defines as companies with approximately $10.0 million to $100.0 million of earnings before interest, taxes, depreciation and amortization (“EBITDA”). The Company will focus on privately originated debt to performing U.S. middle market companies, with a portfolio expected to comprise primarily of first-lien senior secured debt and unitranche loans (other than last-out positions in unitranche loans) (collectively “Senior Loans”). The Company will also opportunistically invest in junior capital opportunities (second-lien loans, subordinated debt, last-out positions in unitranche loans and equity-related securities) (collectively “Junior Capital Investments”).
Long Name Nuveen Churchill Direct Lending Corp.
Market us_market
Market Cap 523,996,736
Market State REGULAR
Max Age 86,400
Message Board Id finmb_648999242
Non Diluted Market Cap 582,273,496
Number Of Analyst Opinions 5
Open 10.92
Operating Margins 0.0
Payout Ratio 1.7739999
Phone 212 478 9200
Previous Close 10.86
Price Eps Current Year 6.7014475
Price Hint 2
Profit Margins 0.0
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.2
Region US
Regular Market Change -0.25
Regular Market Change Percent -2.3020258
Regular Market Day High 10.9815
Regular Market Day Low 10.608
Regular Market Day Range 10.608 - 10.9815
Regular Market Open 10.92
Regular Market Previous Close 10.86
Regular Market Price 10.61
Regular Market Time 1,792,179,765
Regular Market Volume 118,954
Sand P52 Week Change 0.16207206
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 49,387,065
Shares Percent Shares Out 0.0156
Shares Short 770,143
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 520,339
Short Percent Of Float 0.0182
Short Ratio 3.31
Source Interval 15
State NY
Symbol NCDL
Target High Price 16.0
Target Low Price 12.0
Target Mean Price 13.7
Target Median Price 13.5
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 0.95
Trailing P E 11.168421
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.91625
Two Hundred Day Average Change -2.3062506
Two Hundred Day Average Change Percent -0.17855419
Type Disp Equity
Volume 118,954
Website https://www.churchillam.com/nuveen-churchill-direct-lending-corp
Zip 10,152