earnings
confidence high
sentiment positive
materiality 0.75
BXSL reports record NAV per share and highest NII; declares $0.77 Q4 dividend
Blackstone Secured Lending Fund
2024-Q3 EPS reported
$2.71
- Record net investment income on a dollar basis and record NAV per share for Q3 2024.
- Credit quality strong: 98.7% first lien senior secured portfolio, loan-to-value ratio 46.5%, minimal non-accruals.
- Moody's upgraded BXSL credit rating to Baa2, one of only two publicly traded BDCs with that rating.
- Board declared Q4 2024 dividend of $0.77 per share, payable Jan 24, 2025 to holders of record Dec 31, 2024.