Comprehensive Insights on Blackstone Long-Short: Key Dividend Information and Recent Developments Leading to the Ex-Dividend Date on Jun 23, 2025

Generated by AI AgentAinvest Dividend Digest
Thursday, Jun 19, 2025 7:28 pm ET1min read
Blackstone Long-Short Credit Income Fund (BGX) recently announced a dividend of $0.084 per share, scheduled for Jun 30, 2025, following the ex-dividend date of Jun 23, 2025. This announcement was made on Jun 13, 2025. The current dividend is slightly lower than the average of the last ten dividends, which stood at approximately $0.100. Previously, on May 30, 2025, the company distributed a dividend of $0.086 per share. Both instances involved a cash dividend payout.

In recent news, Blackstone Long-Short Credit Income Fund has garnered attention for its financial activities and market performance. Over the past week, a report highlighted that maintains a dividend yield of 9.05%, having distributed $1.10 per share over the past year. The fund continues its monthly dividend payments, with the next expected ex-dividend date being Aug 22, 2025. This consistent yield underscores the fund's commitment to providing steady returns to its investors.

As of late, analysts pointed out a notable performance trend in BGX, indicating a slight decrease in share value by 0.25%, positioning the price at $12.20. This fluctuation reflects the current market dynamics and investor sentiment surrounding the asset management industry. Furthermore, recent evaluations emphasize BGX's strategic investment in long-short leveraged loans, with a reported yield of 6.5%. This strategic allocation aims to optimize returns while mitigating risks, aligning with the fund’s core investment philosophy.

Since the last update, the company's operational strategies have been under review, with financial experts analyzing its balance sheet, revenue streams, and overall market positioning. These assessments are crucial for understanding BGX's financial health and future prospects, especially as the ex-dividend date approaches.

In conclusion, investors eyeing Blackstone Long-Short Credit Income Fund should be aware of the upcoming ex-dividend date on Jun 23, 2025. This date marks the deadline for purchasing shares to qualify for the current dividend payout. Any acquisitions post this date will not be eligible for the impending dividend distribution.

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