Blackstone Senior Floating Rate 2027 Term Fund Plans Monthly Dividend of $0.11 (NYSE:BSL)

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) announced a monthly dividend on Monday, September 16th, Wall Street Journal reports. Stockholders of record on Thursday, October 24th will be given a dividend of 0.114 per share on Thursday, October 31st. This represents a $1.37 dividend on an annualized basis and a dividend yield of 9.58%. The ex-dividend date of this dividend is Thursday, October 24th.

Blackstone Senior Floating Rate 2027 Term Fund has increased its dividend by an average of 10.7% per year over the last three years.

Blackstone Senior Floating Rate 2027 Term Fund Stock Up 0.5 %

BSL opened at $14.28 on Wednesday. The business’s 50 day moving average is $14.21 and its 200-day moving average is $14.16. Blackstone Senior Floating Rate 2027 Term Fund has a twelve month low of $12.50 and a twelve month high of $14.56.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

Blackstone Senior Floating Rate 2027 Term Fund is a closed-ended fixed income mutual fund launched by The Blackstone Group L.P. It is managed by GSO / Blackstone Debt Funds Management LLC. The fund invests in the fixed income markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.