Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL – Get Free Report) declared a monthly dividend on Friday, March 13th. Stockholders of record on Thursday, April 23rd will be paid a dividend of 0.084 per share on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Thursday, April 23rd.
Blackstone Senior Floating Rate 2027 Term Fund Stock Down 0.1%
NYSE:BSL traded down $0.01 on Tuesday, reaching $13.27. 2,262 shares of the company’s stock were exchanged, compared to its average volume of 51,291. The business has a fifty day moving average of $12.93 and a 200-day moving average of $13.41. Blackstone Senior Floating Rate 2027 Term Fund has a 52-week low of $12.45 and a 52-week high of $14.35.
About Blackstone Senior Floating Rate 2027 Term Fund
Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL) is a closed-end management investment company that seeks to provide investors with current income by primarily investing in senior floating-rate loans. Managed by Blackstone Credit, the fund focuses on lending solutions to corporate borrowers, offering exposure to debt instruments designed to adjust with prevailing interest rates. BSL’s structure is designed to mature in 2027, at which point the fund will seek to liquidate its portfolio and distribute proceeds to shareholders.
The fund’s investment strategy centers on senior secured loans and other floating-rate debt issued by U.S.
Further Reading
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