Blackstone Senior Floating Rate 2027 Term Fund (BSL) To Go Ex-Dividend on August 24th

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) declared a monthly dividend on Friday, June 12th. Investors of record on Monday, August 24th will be given a dividend of 0.088 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date is Monday, August 24th.

Blackstone Senior Floating Rate 2027 Term Fund Stock Performance

Blackstone Senior Floating Rate 2027 Term Fund stock opened at $13.00 on Friday. Blackstone Senior Floating Rate 2027 Term Fund has a 52-week low of $12.45 and a 52-week high of $14.32. The company’s 50 day moving average is $13.02 and its two-hundred day moving average is $13.01.

Blackstone Senior Floating Rate 2027 Term Fund Company Profile

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.