Blackstone Loan Financing (LON:BGLF) Trading Down 0.9% – What’s Next?

Blackstone Loan Financing Limited (LON:BGLF) shares fell 0.9% during trading on Wednesday . The company traded as low as GBX 0.74 ($0.01) and last traded at GBX 0.74 ($0.01). 38,136 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 1,010,754 shares. The stock had previously closed at GBX 0.75 ($0.01).

Blackstone Loan Financing Stock Performance

The company has a fifty day moving average price of GBX 0.75 and a two-hundred day moving average price of GBX 0.71. The firm has a market cap of £3.29 million, a price-to-earnings ratio of 5.71 and a beta of 0.72. The company has a debt-to-equity ratio of 0.67, a current ratio of 528.21 and a quick ratio of 439.38.

Blackstone Loan Financing Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, October 31st were given a dividend of €0.02 ($0.02) per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a dividend yield of 3.26%. Blackstone Loan Financing’s dividend payout ratio (DPR) is 6,923.08%.

About Blackstone Loan Financing

Blackstone/GSO Loan Financing Ltd is an internally managed investment fund. it invests in floating rate senior secured loans directly and indirectly through CLO Securities. Blackstone/GSO Loan Financing Ltd was founded in 2014 and is domiciled in Jersey, Channel Islands.