Blackstone Senior Floating Rate 2027 Term Fund Plans Monthly Dividend of $0.22 (NYSE:BSL)

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) announced a monthly dividend on Wednesday, December 18th,Wall Street Journal reports. Investors of record on Friday, February 21st will be given a dividend of 0.216 per share on Friday, February 28th. This represents a $2.59 annualized dividend and a dividend yield of 18.19%. The ex-dividend date of this dividend is Friday, February 21st.

Blackstone Senior Floating Rate 2027 Term Fund has raised its dividend by an average of 10.7% annually over the last three years.

Blackstone Senior Floating Rate 2027 Term Fund Price Performance

Blackstone Senior Floating Rate 2027 Term Fund stock opened at $14.25 on Friday. Blackstone Senior Floating Rate 2027 Term Fund has a 12 month low of $13.20 and a 12 month high of $14.84. The business’s fifty day simple moving average is $14.37 and its two-hundred day simple moving average is $14.22.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

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.