Ex-Dividend Reminder: Sixth Street Specialty Lending, Valley National Bancorp and Stewart Information Services

On Dec. 15, 2025 Sixth Street Specialty Lending (TSLX), Valley National Bancorp (VLY) and Stewart Information Services (STC) will trade ex-dividend: TSLX pays $0.46 on 12/31/25 (about 2.02% of its recent $22.77 share price, implying a c.2.02% one‑day ex‑dividend mechanical dip), VLY pays $0.11 on 1/2/26 (c.0.93% expected dip) and STC pays $0.525 on 12/30/25 (c.0.71% expected dip). If those payouts persist, the implied annualized yields are roughly 8.08% for TSLX, 3.72% for VLY and 2.85% for STC, but the piece notes dividends can vary with company earnings and recommends checking dividend histories for stability. For context, the stocks were trading higher Thursday (TSLX +1%, VLY +3.1%, STC +1.9%), underscoring that short‑term price action can offset mechanical ex‑dividend effects.

Analysis

Three issuers — Sixth Street Specialty Lending (TSLX), Valley National Bancorp (VLY) and Stewart Information Services (STC) — go ex-dividend on 12/15/25 with announced quarterly payouts of $0.46 (TSLX, payable 12/31/25), $0.11 (VLY, payable 1/2/26) and $0.525 (STC, payable 12/30/25). Based on the article's recent TSLX share price of $22.77, the piece calculates mechanical one-day adjustments of approximately 2.02% for TSLX, 0.93% for VLY and 0.71% for STC when markets open on 12/15/25.

The author annualizes those payouts to implied yields of 8.08% (TSLX), 3.72% (VLY) and 2.85% (STC) if the dividends persist, and explicitly cautions that dividends track company profits and can change over time; the article recommends reviewing each company's dividend history for stability. Intraday price context noted in the article shows TSLX up ~1%, VLY up ~3.1% and STC up ~1.9% on the referenced trading day, underscoring that market moves can offset mechanical ex-dividend effects.

Market-impact metrics supplied are neutral (sentiment score 0.0, market impact 0.12) and the thematic signals emphasize capital returns, fundamentals, technicals and positioning, indicating this is primarily a company-level cash-return event rather than a market-moving development.

Key Decisions for Investors

• Adjust position sizing ahead of the 12/15/25 ex-dividend date to account for expected mechanical openings of ~2.02% (TSLX), ~0.93% (VLY) and ~0.71% (STC),
• If income-oriented, consider TSLX for the higher implied 8.08% annualized yield but perform dividend-history and payout-sustainability due diligence before initiating or increasing exposure,
• Treat VLY and STC as modest income plays (implied yields 3.72% and 2.85%) and monitor upcoming earnings or dividend announcements since payouts may fluctuate with company profits,
• Short-term traders should note recent intraday strength (TSLX +1%, VLY +3.1%, STC +1.9%) can offset the ex-dividend dip; longer-term investors should focus on dividend consistency shown in the historical charts referenced