Blackstone Senior Floating Rate 2027 Term Fund Declares Monthly Dividend of $0.11 (NYSE:BSL)

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) announced a monthly dividend on Tuesday, September 17th, Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.114 per share on Friday, November 29th. This represents a $1.37 annualized dividend and a yield of 9.61%. The ex-dividend date is Thursday, November 21st.

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

Blackstone Senior Floating Rate 2027 Term Fund Trading Up 0.4 %

NYSE BSL traded up $0.05 during trading hours on Tuesday, hitting $14.23. 72,684 shares of the company were exchanged, compared to its average volume of 56,130. The stock has a 50-day moving average price of $14.18 and a 200 day moving average price of $14.18. Blackstone Senior Floating Rate 2027 Term Fund has a 52 week low of $12.50 and a 52 week high of $14.56.

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.