earnings
confidence high
sentiment positive
materiality 0.70
BXSL Q1 2023: NAV $26.10, NII covers dividend, yield 10.7%
Blackstone Secured Lending Fund
2023-Q1 EPS reported
$0.86
- Net investment income exceeded $0.70 quarterly dividend; annualized yield of 10.7% on NAV.
- NAV per share rose to $26.10 from prior quarter; dividend increased 17% last quarter and 30%+ since IPO.
- Q2 2023 dividend of $0.70 declared, payable July 27, 2023 to holders of record June 30, 2023.
- Teddy Desloge named CFO and Portfolio Manager; Matt Alcide CAO; Kris Corbett Controller/Treasurer; Stacy Wang Head of Stakeholder Relations.
- Credit performance strong on portfolio of predominantly first lien senior secured loans.