Blackstone Strategic Credit Fund (BGB) Dividend History

$10.89 $-0.1

Dividend Score
Dividend Yield
11.14%
Annual Payment
$1.22
Payout Ratio
-55.52%
Dividend Increases
1 yrs

Price Chart

Key Metrics

Sector Financial Services
Industry Asset Management
Avg daily volume 145,967
Market cap 490,862,000
Beta 0
Trailing 12 Month EPS 0.87
Next Earnings Date
Ex-dividend date 2023-09-21
P/E ratio 0

Company Description

Blackstone/GSO Strategic Credit 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. The fund employs fundamental analysis using a research-driven credit analysis approach while focusing on factors like companies which offer attractive risk / return characteristics to create its portfolio. It benchmarks the performance of its portfolio against a composite index comprised of 75% S&P/LSTA Leveraged Loan Index and 25% Barclays US High Yield Index. Blackstone/GSO Strategic Credit Fund was formed on September 26, 2012 and is domiciled in United States.

Peers

Dividend Payments

Forward Yield
11.14%
Forward Payment
$1.22
Trailing Yield
9.19%
Trailing Payment
$1.01
Last Increase
Sep 29,23 8.51%
Last Cut
Mar 31,22 -1.52%
5 Year Average Yield
9.67%
% Below Current Yield
-15.17%
5 Year Div Growth Rate
-5.79%
Payment Frequency
Monthly

Historical Dividend Payments