Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB) to Issue $0.09 Dividend

Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB) announced a dividend on Friday, March 14th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be given a dividend of 0.089 per share on Monday, March 31st. The ex-dividend date of this dividend is Monday, March 24th.

Blackstone Strategic Credit 2027 Term Fund has increased its dividend by an average of 7.2% per year over the last three years.

Blackstone Strategic Credit 2027 Term Fund Stock Performance

Shares of NYSE BGB opened at $12.10 on Friday. The stock’s 50-day simple moving average is $12.33 and its two-hundred day simple moving average is $12.35. Blackstone Strategic Credit 2027 Term Fund has a twelve month low of $11.58 and a twelve month high of $12.69.

Blackstone Strategic Credit 2027 Term Fund Company Profile

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.