earnings
confidence medium
sentiment positive
materiality 0.65
Blackstone Secured Lending Fund reports strong Q1 results; declares $0.77 dividend
Blackstone Secured Lending Fund
2024-Q1 EPS reported
$0.96
- Net investment income and net asset value increased; net income per share higher.
- Portfolio: 98.5% first lien senior secured debt, <50% LTV, non-accruals 0.1% at cost.
- Q2 dividend of $0.77 per share declared; record date June 30, payable July 26.
- Investment commitments in Q1 2024 reached highest level since 2021.