Blackstone Secured Lending: A 10% Yielding BDC Cash Cow [Seeking Alpha]
Blackstone Secured Lending Fund (BXSL)
Company Research
Source: Seeking Alpha
Summary Blackstone Secured Lending is a top BDC choice for income investors due to its high-quality, well-performing investment portfolio and strong dividend support. Despite a minor decline in balance sheet quality, BXSL's non-accrual percentage remains low at 0.3%, showcasing its superior asset quality. BXSL generated $173M in net investment income in Q2'24, with a 1.16X dividend coverage ratio, indicating potential for future dividend increases. Trading at an 11% premium to NAV, BXSL's valuation reflects investor confidence in its strong NII and dividend potential. beckariuz Blackstone Secured Lending ( NYSE: BXSL ) is a top BDC choice for income investors that value a high-quality, well-performing investment portfolio and a highly secure 10% yield. Blackstone Secured Lending suffered only a minor decline in its balance sheet quality in the second-quarter and supported its dividend well with net investment income. Shares of Blackstone Secured Lending are trading, deser
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BXSL
News
- Blackstone Secured Lending: Another Strong Quarter For This 10.2%-Yielding BDC [Seeking Alpha]Seeking Alpha
- My Dividend Stock Portfolio: New July Dividend Record - 101 Holdings With 24 Buys [Seeking Alpha]Seeking Alpha
- I'm Buying Up To 10% Yield For Recurring Income [Seeking Alpha]Seeking Alpha
- Dividend Harvesting Portfolio Week 180: $18,000 Allocated, $1,648.41 In Projected Dividends [Seeking Alpha]Seeking Alpha
- Blackstone Secured Lending Fund (NYSE: BXSL) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $33.00 price target on the stock.MarketBeat
BXSL
Sec Filings
- 9/12/24 - Form 8-K
- 8/7/24 - Form IRANNOTICE
- 8/7/24 - Form 8-K
- BXSL's page on the SEC website