Nuveen Churchill Direct Lending (NCDL) Dividends payables (2022 - 2026)
Nuveen Churchill Direct Lending (NCDL) recorded Dividends payables of $18.74 million in Q2 2026, down 15.9% from $22.3 million a year earlier and down 5.1% from the prior quarter.
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Analysis
Nuveen Churchill Direct Lending (NCDL) Dividends payables (2022 - 2026) Analysis & Trends
At the end of FY2025, Nuveen Churchill Direct Lending reported Dividends payables of $22.22 million, down 24.6% from FY2024.
- Annual Dividends payables has a three-year compound annual growth rate of 15.8% (FY2022 to FY2025).
- Across earlier years, Dividends payables came in at $29.47 million in FY2024 (+29.9%), $22.68 million in FY2023 (+58.3%) and $14.33 million in FY2022.
- The Q2 2026 figure is the lowest quarterly Dividends payables since Q2 2023.
- On a year-over-year basis, Dividends payables has declined for five consecutive quarters, with an average decline of 3.1% over the last eight quarters.
- Peak year-over-year performance for Dividends payables in the last five years was growth of 76.0% in Q2 2024, against a decline of 30.1% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $19.76 million (Q1 2026), $22.22 million (Q4 2025) and $22.22 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dividends payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 40.26 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 562.93 Mn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Nuveen Churchill Direct Lending | 555.60 Mn | 555.60 Mn | - | 18.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.74 Mn |
| Mar 31, 2026 | 19.76 Mn |
| Dec 31, 2025 | 22.22 Mn |
| Sep 30, 2025 | 22.22 Mn |
| Jun 30, 2025 | 22.30 Mn |
| Mar 31, 2025 | 28.27 Mn |
| Dec 31, 2024 | 29.47 Mn |
| Sep 30, 2024 | 30.04 Mn |
| Jun 30, 2024 | 30.11 Mn |
| Mar 31, 2024 | 24.68 Mn |
| Dec 31, 2023 | 22.68 Mn |
| Sep 30, 2023 | 19.57 Mn |
| Jun 30, 2023 | 17.11 Mn |
| Mar 31, 2023 | 21.85 Mn |
| Dec 31, 2022 | 14.33 Mn |
API Access
Nuveen Churchill Direct Lending Dividends payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividends-payables&ticker=NCDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividends-payables", "ticker": "NCDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividends-payables&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();