Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) Raises Dividend to $0.22 Per Share

Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL) declared a monthly dividend on Tuesday, December 17th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.216 per share on Friday, February 28th. This represents a $2.59 dividend on an annualized basis and a dividend yield of 17.96%. The ex-dividend date of this dividend is Friday, February 21st. This is a boost from Blackstone Senior Floating Rate 2027 Term Fund’s previous monthly dividend of $0.11.

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

Blackstone Senior Floating Rate 2027 Term Fund Stock Down 0.7 %

BSL opened at $14.43 on Wednesday. The business’s fifty day simple moving average is $14.37 and its 200 day simple moving average is $14.22. Blackstone Senior Floating Rate 2027 Term Fund has a 52 week low of $13.20 and a 52 week high of $14.84.

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.