Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB – Get Free Report) announced a monthly dividend on Monday, March 11th, Wall Street Journal reports. Investors of record on Tuesday, April 23rd will be given a dividend of 0.093 per share on Tuesday, April 30th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 9.49%. The ex-dividend date is Monday, April 22nd.
Blackstone Strategic Credit 2027 Term Fund has raised its dividend payment by an average of 1.4% annually over the last three years.
Blackstone Strategic Credit 2027 Term Fund Trading Up 0.3 %
BGB opened at $11.76 on Friday. The business’s fifty day moving average is $11.77 and its two-hundred day moving average is $11.36. Blackstone Strategic Credit 2027 Term Fund has a one year low of $10.40 and a one year high of $11.97.
Hedge Funds Weigh In On Blackstone Strategic Credit 2027 Term Fund
About Blackstone Strategic Credit 2027 Term Fund
Blackstone Strategic Credit 2027 Term Fund is a close ended fixed income mutual fund launched and managed by GSO / Blackstone Debt Funds Management LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in the loans and other fixed income instruments including first- and second-lien secured loans and high-yield corporate bonds of different maturities.
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