Blackstone Strategic Credit 2027 Term Fund (BGB) To Go Ex-Dividend on March 24th

Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB) declared a monthly dividend on Friday, March 13th. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.079 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend is Tuesday, March 24th. This is a 2.6% increase from Blackstone Strategic Credit 2027 Term Fund’s previous monthly dividend of $0.08.

Blackstone Strategic Credit 2027 Term Fund Stock Down 0.3%

Shares of BGB opened at $11.32 on Friday. Blackstone Strategic Credit 2027 Term Fund has a twelve month low of $10.47 and a twelve month high of $12.65. The firm’s 50 day moving average price is $11.56 and its two-hundred day moving average price is $11.82.

Blackstone Strategic Credit 2027 Term Fund Company Profile

Blackstone Strategic Credit 2027 Term Fund (NYSE: BGB) is a closed-end management investment company organized as an interval fund, designed to provide investors with exposure to a diversified portfolio of credit instruments. The fund commenced operations in late 2020 and is structured with a defined term ending in 2027, at which point it intends to liquidate its assets and distribute proceeds to shareholders. As an interval fund, BGB offers limited redemption opportunities on a quarterly basis, allowing for greater investment flexibility while maintaining portfolio stability.

The fund’s primary business activity involves investing across the credit spectrum, including senior secured loans, high-yield and investment-grade corporate bonds, structured credit, and direct lending opportunities.