Headlines about Tcg Bdc (NASDAQ:CGBD) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tcg Bdc earned a news impact score of 0.02 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.1498800265748 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Tcg Bdc (NASDAQ:CGBD) traded down 0.16% on Friday, hitting $18.36. 86,394 shares of the stock traded hands. Tcg Bdc has a 52-week low of $17.61 and a 52-week high of $22.02. The company’s 50 day moving average price is $18.53 and its 200-day moving average price is $18.49.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 18th. Investors of record on Friday, September 29th will be issued a dividend of $0.37 per share. The ex-dividend date is Thursday, September 28th. This represents a $1.48 annualized dividend and a yield of 8.06%.
Several research analysts have recently weighed in on the stock. Wells Fargo & Company assumed coverage on shares of Tcg Bdc in a report on Monday, July 10th. They issued an “outperform” rating and a $18.50 price target on the stock. J P Morgan Chase & Co assumed coverage on shares of Tcg Bdc in a report on Monday, July 10th. They issued an “overweight” rating and a $19.00 price target on the stock. Keefe, Bruyette & Woods assumed coverage on shares of Tcg Bdc in a report on Monday, July 10th. They issued an “outperform” rating and a $20.00 price target on the stock. Finally, Bank of America Corporation assumed coverage on shares of Tcg Bdc in a report on Monday, July 10th. They issued a “buy” rating and a $19.00 price target on the stock.
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About Tcg Bdc
TCG BDC, Inc, formerly Carlyle GMS Finance, Inc, is a managed and non-diversified closed-end investment company. The Company is focused on lending to middle market companies. The Company’s investment objective is to generate current income and capital appreciation primarily through debt investments in the United States and middle market companies.
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