earnings
confidence medium
sentiment positive
materiality 0.65
Blackstone Secured Lending Fund raises quarterly dividend 13% to $0.60, reports strong Q3 results
Blackstone Secured Lending Fund
2022-Q3 EPS reported
$1.68
- Q3 2022 results: strong growth in investment income and solid credit performance per CEO.
- Quarterly dividend of $0.60/share declared (record Dec 31, 2022; payable Jan 31, 2023), up 13% from prior quarter.
- CEO cites higher rates boosting portfolio yields; portfolio predominantly first lien senior secured loans.
- Dividend yield over past year was 11% based on net asset value.