Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) to Issue $0.08 Monthly Dividend

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSLGet Free Report) declared a monthly dividend on Friday, September 11th. Stockholders of record on Wednesday, September 23rd will be given a dividend of 0.084 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date is Wednesday, September 23rd.

Blackstone Senior Floating Rate 2027 Term Fund Price Performance

BSL stock opened at $13.05 on Monday. Blackstone Senior Floating Rate 2027 Term Fund has a 52 week low of $12.45 and a 52 week high of $14.19. The company’s 50-day moving average price is $13.02 and its 200 day moving average price is $12.99.

About Blackstone Senior Floating Rate 2027 Term Fund

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Blackstone Senior Floating Rate 2027 Term Fund (NYSE: BSL) is a closed-end investment fund managed by an affiliate of Blackstone Inc The fund seeks to provide a high level of current income while preserving capital, primarily by investing in senior secured, floating-rate loans and other floating-rate debt instruments.

Its portfolio generally consists of loans made to companies across a range of industries, with an emphasis on senior secured obligations that rank ahead of other debt and equity securities in a borrower’s capital structure.

Further Reading

Dividend History for Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL)

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