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Blackstone Secured Lending Fund (BXSL) operating in the capital markets industry, is a non-diversified, closed-end management investment company.

The investment objectives of the company are to generate current income and, to a lesser extent, long-term capital appreciation.

The company seeks to achieve its investment objectives through originated loans and other securities, including syndicated loans, of private U.S. companies, typically in the form of first lien senior secured and unitranche loans, and unsecured and subordinated loans and other debt and equity securities.

Blackstone Secured Lending Fund is a business development company and a Delaware statutory trust formed on March 26, 2018, headquartered in New York, NY.

Three key data points gauge Blackstone Secured Lending or any dividend-paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

BXSL Price

Share price increased about 15% in the past year from $28.25 to $32.49, as of Tuesday’s market close.

In the past 3 years the company’s share price has ranged from $22.00 to $32.50, its all-time high of $38.32 was reached December 23, 2021.

If shares trade in the range of $28.00 to $35.00 this next year, the recent $32.50 share price might grow to $33.40.  Of course, BXSL shares could also drop about the same $0.90 estimated amount or more.

My $0.90 price upside estimate is based on the average BXSL one-year price gain over the past three years.

BXSL Dividend

Blackstone Secured Lending has paid variable quarterly dividends since November 14, 2022.

The company’s most recent Q dividend of $0.77 was declared November 12th, 2024 for shareholders of record prior to December 31st and the payout is due January 24th.

A forward-looking annual dividend of $3.08 yields 9.48% per Tuesday’s closing price.

BXSL Returns

Putting it all together, a $3.98 estimated annual gross gain per share shows up by adding BXSL’s annual $3.08 dividend to the estimated $0.90 annual price gain, totaling that $3.98 amount.

A little over $1000 buys 31 shares at Tuesday’s $32.50 share price.

A $10 broker fee (if charged), collected half at purchase and half at the sale, might take about $0.32 per share out of the $3.98 gross gain to give us a net gain of $3.66 X 31 shares = $113.46 for about an 11.25% estimated net gain on the year.

Furthermore, the $94.80 annual estimated dividend income from $1k invested in BXSL is over 2.9 times more than the $32.50 single-share price. By these numbers, BXSL may be an ideal financial dividend dog.

Therefore, you may choose to pounce on Blackstone Secured Lending. It is a 7 year-old quarterly variable dividend-paying capital markets business development company with a 3-year dividend record.

The exact track of Blackstone Secured Lending's future price and dividend will entirely be determined by market action and company finances.

Remember the best way to track dividend payments is through direct ownership of company shares.

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