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Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Dividend Yield % : 9.73% (As of Apr. 25, 2024)


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What is Blackstone Strategic Credit Fund Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Blackstone Strategic Credit Fund is 9.73%.

Good Sign:

Blackstone Strategic Credit Fund stock dividend yield is close to 3-year high.

The historical rank and industry rank for Blackstone Strategic Credit Fund's Dividend Yield % or its related term are showing as below:

BGB' s Dividend Yield % Range Over the Past 10 Years
Min: 6.2   Med: 7.97   Max: 13.55
Current: 9.73

During the past 7 years, the highest Dividend Yield of Blackstone Strategic Credit Fund was 13.55%. The lowest was 6.20%. And the median was 7.97%.

BGB's Dividend Yield % is ranked better than
79.84% of 1215 companies
in the Asset Management industry
Industry Median: 5.63 vs BGB: 9.73

Blackstone Strategic Credit Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.72.

During the past 7 years, the highest Dividend Payout Ratio of Blackstone Strategic Credit Fund was 26.98. The lowest was 0.67. And the median was 0.93.

As of today (2024-04-25), the Forward Dividend Yield % of Blackstone Strategic Credit Fund is 9.50%.

Blackstone Strategic Credit Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.68.

During the past 12 months, Blackstone Strategic Credit Fund's average Dividends Per Share Growth Rate was 55.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -5.80% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Blackstone Strategic Credit Fund was 3.90% per year. The lowest was -16.20% per year. And the median was -8.75% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Blackstone Strategic Credit Fund Dividend Yield % Historical Data

The historical data trend for Blackstone Strategic Credit Fund's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Blackstone Strategic Credit Fund Dividend Yield % Chart

Blackstone Strategic Credit Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial 9.19 8.65 6.30 7.96 9.94

Blackstone Strategic Credit Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.30 7.34 7.96 8.95 9.94

Competitive Comparison of Blackstone Strategic Credit Fund's Dividend Yield %

For the Asset Management subindustry, Blackstone Strategic Credit Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackstone Strategic Credit Fund's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Strategic Credit Fund's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Blackstone Strategic Credit Fund's Dividend Yield % falls into.



Blackstone Strategic Credit Fund Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Blackstone Strategic Credit Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0932024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0932024-03-202024-03-212024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0942024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0942023-12-282023-12-292024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0942023-12-202023-12-212023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1022023-11-212023-11-222023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1022023-10-232023-10-242023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1022023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0942023-08-232023-08-242023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0942023-07-212023-07-242023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0942023-06-222023-06-232023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0882023-05-222023-05-232023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Blackstone Strategic Credit Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.144/11.72
=9.76 %

Current Share Price is $11.72.
Blackstone Strategic Credit Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.144.

Blackstone Strategic Credit Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.116/11.72
=9.52 %

Current Share Price is $11.72.
Blackstone Strategic Credit Fund's Dividends per Share for the forward twelve months is calculated as $0.093 * 12 = $1.116.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blackstone Strategic Credit Fund  (NYSE:BGB) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Blackstone Strategic Credit Fund Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Blackstone Strategic Credit Fund's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Business Description

Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Strategic Credit Fund is a closed-end term fund. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. It invests primarily in diversified portfolios or loans and other fixed-income instruments of predominantly US Corporate issuers, including first? and second?lien loans (Senior Secured Loans) and high-yield corporate bonds of varying maturities.
Executives
Gordon Mckemie other: Portfolio Manager C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Valerie Naratil officer: Public Relations Officer 345 PARK AVENUE, NEW YORK NY 10154
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
William J Renahan officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Gregory Roppa officer: CFO & Treasurer 601 LEXINGTON AVENUE, NEW YORK NY 10022
Jane Siebels director 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Robert Post other: Portfolio Manager C/O GSO/BLACKSTONE DEBT FUNDS MGMT, LLC, 345 PARK AVE 31ST FLOOR, NEW YORK NY 10154
Robert W Busch officer: CFO & Treasurer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Robert Zable other: Portfolio Mngr,Mbr of Inv.Comm 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Voya Financial, Inc. 10 percent owner 230 PARK AVENUE, NEW YORK NY 10169
Lion Connecticut Holdings Inc. 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095
Ing Usa Annuity & Life Insurance Co 10 percent owner 699 WALNUT STREET, SUITE 1350, DE MOINES IA 50309-3942
Ing Life Insurance & Annuity Co 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095-4774
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6