BXSL stock dividend – Blackstone Secured Lending Fund Announces 0.7 Cash Dividend
March 21, 2023
Dividends Yield
On March 3 2023, Blackstone Secured Lending ($NYSE:BXSL) Fund announced a cash dividend of 0.7 USD per share. This marks a dividend yield of 8.96%, which is the highest it has been in the last three years. The ex-dividend date is March 30 2023, meaning that shareholders on record before this date will be eligible to receive the dividend payment. It is important to note, however, that the dividend payment and yield can fluctuate from one period to another, meaning it is not guaranteed to remain at current levels.
Market Price
On Friday, the stock opened at $26.0 and closed at $25.9, representing a 0.4% decrease from the previous closing price of 26.0. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BXSL. More…
| Total Revenues | Net Income | Net Margin |
| 387.8 | 404.56 | 104.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BXSL. More…
| Operations | Investing | Financing |
| 672.95 | – | -648.18 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BXSL. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.91k | 5.75k | 25.93 |
Key Ratios Snapshot
Some of the financial key ratios for BXSL are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 38.0% | – | – |
| FCF Margin | ROE | ROA |
| 173.5% | 6.1% | 2.6% |
Analysis – BXSL Intrinsic Value Calculation
At GoodWhale, we have conducted an analysis of BLACKSTONE SECURED LENDING FUND to evaluate its wellbeing. According to our proprietary Valuation Line, we have calculated the intrinsic value of BLACKSTONE SECURED LENDING FUND share to be around $25.1. Currently, BLACKSTONE SECURED LENDING FUND stock is being traded at $25.9, which is a fair price but slightly overvalued by 3.0%. More…
Peers
The competition between Blackstone Secured Lending Fund and its competitors, Princeton Capital Corp, OFS Capital Corp, and Franklin BSP Lending Corp, is intense as each strives to provide the best lending services to their clients. All four companies have a long history in the lending industry, and each has its own unique approach to the business. As such, the competition for market share is fierce, with each company looking for an edge over its rivals.
– Princeton Capital Corp ($OTCPK:PIAC)
Princeton Capital Corp is a financial services company that provides investment and asset management services. As of 2022, its market capitalization was 42.17 million, reflecting its financial strength and market presence. Furthermore, its return on equity (ROE) was 12.71%, indicating that the company has been able to use its resources efficiently to generate higher returns. Princeton Capital Corp has been able to consistently generate healthy returns, making it an attractive option for investors.
– OFS Capital Corp ($NASDAQ:OFS)
OFS Capital Corp is a closed-end investment company that specializes in providing customized financing solutions to mid-market companies. The company’s market capitalization as of 2022 is 146.52M, making it a mid-sized entity in the investment sector. Its Return on Equity (ROE) of 2.34% indicates a healthy financial performance, as it is above the industry average. The company provides capital to businesses in need of financing to support their growth plans, and also invests in debt securities of such companies. OFS Capital Corp’s mission is to generate attractive risk-adjusted returns by investing in high quality middle market companies.
– Franklin BSP Lending Corp ($OTCPK:BDVC)
Franklin BSP Lending Corp is a financial services company that specializes in providing consumer loans, mortgages, and other types of banking services. As of 2022, the company has a market cap of 1.29B and a Return on Equity of 4.33%. This market cap is an indication of the company’s value and strength in the market, while the Return on Equity shows how successful the company is at generating profits from its investments. The company has been successful in the past and is looking to continue its growth in the future.
Summary
The BLACKSTONE SECURED LENDING FUND is an attractive option for investors looking for a reliable income source. With a dividend yield of 8.96%, shareholders have enjoyed a dividend per share of 2.26 USD over the past three years, which is well above the market average. Investing in BLACKSTONE SECURED LENDING FUND has the potential to generate significant returns due to its steady dividends and low volatility. Furthermore, the Fund has a proven track record of providing consistent returns, making it a great option for long-term investors seeking to invest in a stable asset.
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