Blackstone Senior Dividend Insights: Key Details for Investors Before the Ex-Dividend Date on Jun 23, 2025

Generated by AI AgentAinvest Dividend Digest
Thursday, Jun 19, 2025 7:27 pm ET1min read
Blackstone Senior Floating Rate 2027 Term Fund (BSL) has announced a dividend of $0.097 per share, with an ex-dividend date set for Jun 23, 2025, and a payable date on Jun 30, 2025. This dividend amount is slightly lower than the average of the last ten dividends, which stands at approximately $0.097. The previous dividend, paid on May 30, 2025, was also $0.097 per share. Both dividends are categorized as cash dividends, reflecting the company's consistent payout strategy.

Recently, Blackstone's Senior Floating Rate 2027 Term Fund has declared its June dividend, maintaining its approach of providing steady returns to investors. The fund's ongoing strategy focuses on aligning dividends with financial stability and market conditions. As of late, the fund reported a dividend yield of 8.80% and paid $1.25 per share over the past year, emphasizing monthly distributions with the next ex-dividend date set for Aug 22, 2025.

Over the past week, the fund's dividend adjustments have been a topic of interest, as analysts explore the implications on senior loan exposure and maturity risks. This strategic navigation highlights the fund's proactive measures to safeguard liquidity and ensure robust financial health. Additionally, the fund's market capitalization is noted to be $184.281 million, reflecting its position within the asset management industry.

In conclusion, Floating Rate 2027 Term Fund continues to demonstrate financial resilience and commitment to shareholder returns. Investors should be aware that Jun 23, 2025, is the ex-dividend date, marking the last opportunity to purchase shares and qualify for the upcoming dividend. Purchases made after this date will not be eligible for the dividend payout.

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