# Nuveen Churchill Direct Lending (NCDL) — Dividends NCDL · NYSE · Stock Canonical page: https://www.lighthorse.io/tickers/ncdl/dividends ## Dividend summary | Metric | Value | | --- | --- | | Frequency | quarterly | | Trailing 12 months | $1.61 | | Forward yield | 14.83% | | Growth streak | — | Nuveen Churchill Direct Lending pays a quarterly dividend. On its latest [ex-date](/instructions/learning/ex-dividend-date) of September 30, 2026, the company declared a base dividend of $0.36 per share along with a supplemental dividend of $0.02 per share, both scheduled for payment on October 27, 2026. Over the trailing 12 months, total payments reached $1.61 per share. At a share price of $10.71, this corresponds to a dividend [yield](/instructions/learning/dividend-yield) of 15.03%. The company holds a dividend growth streak of 0 years. Throughout complete calendar year 2024 and complete calendar year 2025, Nuveen Churchill Direct Lending maintained a quarterly base rate of $0.45 per share. In 2024, the company also issued three supplemental payments of $0.10 per share, bringing total payments for the year to $2.10 per share. In 2025, it added one supplemental payment of $0.10 per share, resulting in an annual total of $1.90 per share. In 2026, the base dividend adjusted to $0.36 per quarter, supplemented by additional payments ranging from $0.02 to $0.04 per share. If the company maintains its established quarterly payout schedule, the next ex-dividend date is expected in late December 2026. ## Payment history | Ex-date | Pay date | Amount per share | | --- | --- | --- | | Sep 30, 2026 | Oct 27, 2026 | $0.36 | | Sep 30, 2026 | Oct 27, 2026 | $0.02 | | Jun 30, 2026 | Jul 28, 2026 | $0.36 | | Jun 30, 2026 | Jul 28, 2026 | $0.02 | | Mar 31, 2026 | Apr 28, 2026 | $0.36 | | Mar 31, 2026 | Apr 28, 2026 | $0.04 | | Dec 31, 2025 | Jan 27, 2026 | $0.45 | | Sep 30, 2025 | Oct 28, 2025 | $0.45 | | Jun 30, 2025 | Jul 28, 2025 | $0.45 | | Mar 31, 2025 | Apr 28, 2025 | $0.45 | | Feb 12, 2025 | Apr 28, 2025 | $0.10 | | Dec 31, 2024 | Jan 28, 2025 | $0.45 | | Nov 8, 2024 | Jan 28, 2025 | $0.10 | | Sep 30, 2024 | Oct 28, 2024 | $0.45 | | Aug 12, 2024 | Oct 28, 2024 | $0.10 | | Jun 28, 2024 | Jul 29, 2024 | $0.45 | | May 10, 2024 | Jul 29, 2024 | $0.10 | | Mar 27, 2024 | Apr 29, 2024 | $0.45 | ## Frequently Asked Questions ### Does Nuveen Churchill Direct Lending (NCDL) pay a dividend? Yes. Nuveen Churchill Direct Lending pays a quarterly dividend; the most recent payment was $0.36 per share. ### What is NCDL's dividend yield? Nuveen Churchill Direct Lending paid $1.61 per share over the trailing twelve months, a yield of 14.83% at the last price of $10.86. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield) ### When is NCDL's most recent ex-dividend date? Nuveen Churchill Direct Lending's most recent ex-dividend date is Sep 30, 2026, payable on Oct 27, 2026. ### What is the difference between ex and payment dates? An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date) ## Similar Stocks - [KBDC](https://www.lighthorse.io/tickers/kbdc) — Kayne Anderson BDC, Inc. Common Stock - [CGBD](https://www.lighthorse.io/tickers/cgbd) — Carlyle Secured Lending, Inc. - Closed End Fund - [OBDC](https://www.lighthorse.io/tickers/obdc) — Blue Owl Capital Corporation Common Stock - [GSBD](https://www.lighthorse.io/tickers/gsbd) — Goldman Sachs BDC, Inc. Common Stock - [BXSL](https://www.lighthorse.io/tickers/bxsl) — Blackstone Secured Lending Fund Common Shares of Beneficial Interest - [PFLT](https://www.lighthorse.io/tickers/pflt) — PennantPark Floating Rate Capital Ltd. Common Stock - [BCSF](https://www.lighthorse.io/tickers/bcsf) — Bain Capital Specialty Finance, Inc. Common Stock - [ARCC](https://www.lighthorse.io/tickers/arcc) — Ares Capital Corporation - Closed End Fund - [CCAP](https://www.lighthorse.io/tickers/ccap) — Crescent Capital BDC, Inc. - Common Stock - [NMFC](https://www.lighthorse.io/tickers/nmfc) — New Mountain Finance Corporation - Common Stock --- Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution. This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness. Data provided by [AInvest](https://www.ainvest.com).