Blackstone Loan Financing (LON:BGLF) Stock Price Down 0.8% – Here’s Why

Shares of Blackstone Loan Financing Limited (LON:BGLF) dropped 0.8% during trading on Monday . The stock traded as low as GBX 0.75 ($0.01) and last traded at GBX 0.75 ($0.01). Approximately 19,756 shares changed hands during trading, a decline of 97% from the average daily volume of 692,259 shares. The stock had previously closed at GBX 0.75 ($0.01).

Blackstone Loan Financing Trading Down 0.8 %

The company has a market cap of £3.31 million, a price-to-earnings ratio of 5.75 and a beta of 0.72. The company has a current ratio of 528.21, a quick ratio of 439.38 and a debt-to-equity ratio of 0.67. The firm’s 50-day moving average price is GBX 0.73 and its 200 day moving average price is GBX 0.70.

Blackstone Loan Financing Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, October 31st were given a dividend of €0.02 ($0.02) per share. This represents a dividend yield of 3.26%. The ex-dividend date was Thursday, October 31st. Blackstone Loan Financing’s dividend payout ratio (DPR) is 6,923.08%.

Blackstone Loan Financing Company Profile

Blackstone/GSO Loan Financing Ltd is an internally managed investment fund. it invests in floating rate senior secured loans directly and indirectly through CLO Securities. Blackstone/GSO Loan Financing Ltd was founded in 2014 and is domiciled in Jersey, Channel Islands.