Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) to Issue Monthly Dividend of $0.10

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSLGet Free Report) announced a monthly dividend on Friday, December 12th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.095 per share on Friday, February 27th. This represents a c) annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend is Friday, February 20th.

Blackstone Senior Floating Rate 2027 Term Fund Stock Down 0.1%

Shares of NYSE BSL opened at $13.21 on Wednesday. Blackstone Senior Floating Rate 2027 Term Fund has a 1 year low of $13.17 and a 1 year high of $14.43. The business has a 50-day moving average of $13.50 and a two-hundred day moving average of $13.81.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

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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.

Further Reading

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

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