Blackstone Senior Floating Rate 2027 Term Fund (NYSE:BSL – Get Rating) declared a monthly dividend on Monday, March 13th, Wall Street Journal reports. Investors of record on Friday, April 21st will be given a dividend of 0.108 per share on Friday, April 28th. This represents a $1.30 annualized dividend and a yield of 10.12%. The ex-dividend date is Thursday, April 20th.
Blackstone Senior Floating Rate 2027 Term Fund has decreased its dividend by an average of 8.7% annually over the last three years and has raised its dividend every year for the last 1 years.
Get Blackstone Senior Floating Rate 2027 Term Fund alerts:Blackstone Senior Floating Rate 2027 Term Fund Trading Down 0.1 %
NYSE BSL opened at $12.81 on Wednesday. The business's 50-day moving average price is $12.83 and its 200 day moving average price is $12.74. Blackstone Senior Floating Rate 2027 Term Fund has a twelve month low of $12.22 and a twelve month high of $15.10.
Hedge Funds Weigh In On Blackstone Senior Floating Rate 2027 Term Fund
Several large investors have recently added to or reduced their stakes in the business. Natixis acquired a new stake in Blackstone Senior Floating Rate 2027 Term Fund during the fourth quarter worth about $195,000. Captrust Financial Advisors acquired a new stake in Blackstone Senior Floating Rate 2027 Term Fund during the fourth quarter worth about $567,000. Logan Stone Capital LLC increased its stake in Blackstone Senior Floating Rate 2027 Term Fund by 58.0% during the fourth quarter. Logan Stone Capital LLC now owns 102,537 shares of the company's stock worth $1,275,000 after acquiring an additional 37,655 shares during the last quarter. Advisor Group Holdings Inc. increased its stake in Blackstone Senior Floating Rate 2027 Term Fund by 1.4% during the fourth quarter. Advisor Group Holdings Inc. now owns 72,002 shares of the company's stock worth $895,000 after acquiring an additional 1,023 shares during the last quarter. Finally, Raymond James & Associates increased its stake in Blackstone Senior Floating Rate 2027 Term Fund by 14.3% during the fourth quarter. Raymond James & Associates now owns 18,338 shares of the company's stock worth $228,000 after acquiring an additional 2,295 shares during the last quarter.
About Blackstone Senior Floating Rate 2027 Term Fund
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Blackstone Senior Floating Rate Term Fund operates as a closed-end investment fund. Its objective is to seek high current income and preservation of capital. The firm primarily invests in senior secured and floating rate loans. The company was founded on May 26, 2010 and is headquartered in New York, NY.
Further Reading
- Get a free copy of the StockNews.com research report on Blackstone Senior Floating Rate 2027 Term Fund (BSL)
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