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

Blackstone Strategic Credit 2027 Term Fund (NYSE:BGBGet Free Report) announced a monthly dividend on Friday, September 13th, NASDAQ reports. Investors of record on Monday, September 23rd will be given a dividend of 0.093 per share on Monday, September 30th. This represents a $1.12 annualized dividend and a yield of 8.99%. The ex-dividend date is Monday, September 23rd.

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

Blackstone Strategic Credit 2027 Term Fund Stock Performance

BGB opened at $12.41 on Friday. Blackstone Strategic Credit 2027 Term Fund has a fifty-two week low of $10.47 and a fifty-two week high of $12.48. The firm’s fifty day moving average is $12.10 and its 200 day moving average is $11.97.

About Blackstone Strategic Credit 2027 Term Fund

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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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Dividend History for Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB)

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