The Geraldine Weiss dividend yield theory applied to Nuveen Churchill Direct Lending Corp. ($NCDL) uses the stock's historical dividend yield range to estimate when the price is cheap or expensive relative to its own dividend-paying history (2025–2026). Based on that history, $NCDL is currently trading close to its fair value.

When the $NCDL yield climbs above 🟢 15.25%, the stock has historically been undervalued. When the yield falls below 🔴 6.18%, Nuveen Churchill Direct Lending Corp. has historically been overvalued. The dashed 🟡 fair value (~10.71%) line marks the orientative midpoint between both extremes, not a price target.