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

by · The Markets Daily

Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB – Get Free Report) announced a dividend on Friday, December 13th,investing.com reports. Stockholders of record on Monday, December 23rd will be given a dividend of 0.089 per share on Tuesday, December 31st. This represents a dividend yield of 8.67%. The ex-dividend date of this dividend is Monday, December 23rd.

Blackstone Strategic Credit 2027 Term Fund has raised its dividend payment by an average of 3.9% annually over the last three years.

Blackstone Strategic Credit 2027 Term Fund Stock Up 0.5 %

Shares of Blackstone Strategic Credit 2027 Term Fund stock opened at $12.29 on Friday. Blackstone Strategic Credit 2027 Term Fund has a twelve month low of $11.20 and a twelve month high of $12.69. The firm’s 50-day moving average price is $12.40 and its 200 day moving average price is $12.22.

Blackstone Strategic Credit 2027 Term Fund Company Profile

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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.

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