Blackstone Long-Short (BGX) has announced its latest dividend, with an ex-dividend date set for May 22, 2025, following the announcement on Mar 14, 2025, and a dividend payment date on May 30, 2025. The dividend is set at $0.086 per share, which is lower compared to the average of the last ten dividends per share, calculated at $0.100. This type of dividend payment is referred to in English as "cash dividend." The company's previous dividend, paid on Apr 30, 2025, was also $0.086 per share, indicating consistency in its monthly payout approach.
Recently, there have been several noteworthy developments regarding
Credit Income Fund (BGX) that could influence its market performance and investor sentiment. As of late, BGX boasts a dividend yield of 9.47% and has distributed $1.17 per share over the past year, reflecting its commitment to providing regular monthly dividends. This high yield has attracted attention from investors seeking consistent income sources in their portfolios. Over the past week, analysts have highlighted the fund’s strategic buys and sells made by Papamarkou Wellner Asset Management Inc., providing insights into its investment strategies and potential implications for future performance. Since the last update, the company has maintained a stable stock price, with recent reports indicating a price of $12.33 as of May 18, 2025, which represents a slight increase of 0.32%. Such stability underscores the fund's resilience amidst fluctuating market conditions, offering investors a reliable option during uncertain times.
In conclusion, Blackstone Long-Short Credit Income Fund continues to uphold its reputation with consistent dividend payments and strategic investment decisions. The forthcoming ex-dividend date on May 22, 2025, marks the last opportunity for investors to purchase shares and qualify for the current dividend payout. Any acquisitions made after this date will not be eligible for the dividend at this time, underscoring the importance of timely investment decisions for those seeking to benefit from the company's dividend offerings.
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