Blackstone Senior Floating Rate 2027 Term Fund Dividend
Dividend criteria checks 3/6
Blackstone Senior Floating Rate 2027 Term Fund is a dividend paying company with a current yield of 9.36% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 22nd May, 2024.
Key information
9.4%
Dividend yield
64%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 22 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$2.07 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
BSL: Floating Rate Fund, 10% Yield And 10% Discount (Rating Upgrade)
Jan 06Blackstone senior floating rate raises dividend by 22% to $0.10
Dec 13Blackstone GSO Senior Floating Rate Term Fund goes ex dividend tomorrow
Sep 21Blackstone GSO Senior Floating Rate Term Fund Set To Close In 2027
Nov 25BSL: Strong Historic Returns With Buyback Support
Dec 30Blackstone GSO Senior Floating Rate Term Fund declares $0.029 dividend
Dec 18Blackstone GSO Senior Floating Rate Term Fund declares $0.074 dividend
Dec 11Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BSL's dividend payments have been volatile in the past 10 years.
Growing Dividend: BSL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Blackstone Senior Floating Rate 2027 Term Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BSL) | 9.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Capital Markets) | 2.3% |
| Analyst forecast in 3 Years (BSL) | n/a |
Notable Dividend: BSL's dividend (9.36%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: BSL's dividend (9.36%) is in the top 25% of dividend payers in the US market (4.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64%), BSL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: BSL is paying a dividend but the company has no free cash flows.