Blackstone Senior Floating Rate 2027 Term Fund (BSL) To Go Ex-Dividend on May 21st

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) announced a monthly dividend on Friday, March 13th. Shareholders of record on Thursday, May 21st will be given a dividend of 0.084 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Thursday, May 21st.

Blackstone Senior Floating Rate 2027 Term Fund Trading Up 0.2%

BSL stock opened at $13.19 on Tuesday. Blackstone Senior Floating Rate 2027 Term Fund has a 1 year low of $12.45 and a 1 year high of $14.35. The stock’s fifty day moving average is $12.96 and its two-hundred day moving average is $13.32.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

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.