earnings
confidence medium
sentiment positive
materiality 0.45
BXSL reports Q3 2023 results; declares $0.77 dividend
Blackstone Secured Lending Fund
2023-Q3 EPS reported
$2.77
- Board declares Q4 2023 dividend of $0.77/share, payable Jan 26, 2024 to holders of record Dec 31, 2023.
- Non-accrual rate remains minimal at less than 0.1% of portfolio as of Sept 30, 2023.
- 98.8% of investment portfolio floating-rate, benefiting from higher rate environment.
- Management cites growth in net asset value and solid credit performance.