Blackstone Strategic Credit 2027 Term Fund Announces Dividend of $0.09 (NYSE:BGB)

Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB) announced a dividend on Monday, March 24th, investing.com reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.089 per share on Monday, March 31st. This represents a dividend yield of 8.83%. The ex-dividend date 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 Trading Down 0.2 %

BGB stock traded down $0.03 during trading on Monday, hitting $12.06. The company had a trading volume of 91,940 shares, compared to its average volume of 180,151. Blackstone Strategic Credit 2027 Term Fund has a 52-week low of $11.58 and a 52-week high of $12.69. The company has a 50 day simple moving average of $12.33 and a 200-day simple moving average of $12.35.

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.