CGBD Special Dividend Coming in December 2018
TCG BDC Inc. (CGBD) continues to have excellent dividend coverage for many reasons including increased overall portfolio yield and continued ramp of its joint venture Middle market Credit Fund, LLC (“Credit Fund”). There will likely be another special dividend paid in Q4 as the company pays out excess net investment income ("NII") in the form of supplemental/special dividends as shown in the following chart and was discussed on the recent call:
“I think what we really want to do with our dividend overtime is to make