Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL – Get Free Report) announced a monthly dividend on Tuesday, March 18th, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be paid a dividend of 0.097 per share on Friday, May 30th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.25%. The ex-dividend date of this dividend is Thursday, May 22nd.
Blackstone Senior Floating Rate 2027 Term Fund has increased its dividend payment by an average of 14.6% annually over the last three years.
Blackstone Senior Floating Rate 2027 Term Fund Price Performance
Shares of NYSE:BSL opened at $14.11 on Tuesday. The stock’s 50-day moving average price is $14.31 and its two-hundred day moving average price is $14.32. Blackstone Senior Floating Rate 2027 Term Fund has a 12-month low of $13.75 and a 12-month high of $14.84.
About Blackstone Senior Floating Rate 2027 Term Fund
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.
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