Blackstone Secured Lending Fund (BXSL)
Compared to Estimates, Blackstone Secured Lending Fund (BXSL) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Blackstone Secured Lending Fund (BXSL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Blackstone Secured Lending Fund (BXSL) Beats Q3 Earnings and Revenue Estimates
Blackstone Secured Lending Fund (BXSL) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.95 per share a year ago.
The Ultimate Portfolio Structure For Stress-Free High Current Income
A durable income-focused portfolio strategy reduces income reduction risk and stress by prioritizing stable income over market-beating returns. In this respect, I have outlined my detailed approach for security selection and portfolio construction. Plus, I provide practical security examples for each of the portfolio buckets: strategic offense, strategic defense, tactical offense, and tactical speculation.
BXSL: Time To Buy This 10%+ Yield Again
The Blackstone Secured Lending Fund is a "Buy" due to its attractive 10%+ dividend yield, appealing valuation, and low-risk portfolio. BXSL's operational performance is strong, with net investment income up 12.6% and solid revenue growth despite a minor decline in debt investment yields. The portfolio is low-risk, with 99% in first-lien senior secured debt, a low non-accrual ratio, and strong diversification across industries and companies.
Is Blackstone Secured Lending Fund (BXSL) a good dividend stock?
The Blackstone Secured Lending Fund (BXSL) stock has done modestly well this year, rising by 7.20%. It has underperformed the market, with the S&P 500, Nasdaq 100, and Dow Jones rising to their all-time highs.
Top 3 Business Development Companies for Double-Digit Dividends
Publicly traded business development companies (BDCs) are growing in popularity for their astounding dividend income. Like real estate investment trusts (REITs), BDCs must distribute 90% of their taxable income to shareholders as dividends.
2 Magnificent 8-10% Yields I'm Buying In October
The strong September jobs report suggests a robust economy, benefiting high-yield investments like Blackstone Secured Lending and MPLX LP. BXSL carries a conservatively managed, diversified portfolio with high floating-rate debt exposure, and has consistently covered its dividend with net investment income. MPLX offers stable, fee-based cash flows, strong distribution growth, and strategic capital projects, supported by a solid balance sheet and investment-grade credit rating.
3 BDCs Positioned To Successfully Navigate A Recession
The Fed's 50 basis points rate cut signals a potential recession, urging long-term investors to focus on quality companies with strong fundamentals. Blackstone Secured Lending, Ares Capital, and Golub Capital BDC are well-equipped to handle economic downturns due to their strong portfolios, first-lien loan exposures, and investment-rated balance sheets. BDCs like BXSL, ARCC, and GBDC have high liquidity, investment-grade credit ratings, and experienced management, positioning them favorably for economic volatility.
Hard To Imagine Retirement Portfolio Without These 2 Blue Chips
Most retirement portfolios are structured to provide predictable and attractive current income. To fulfill these two criteria, the businesses have to carry robust capital structures, be exposed to high-quality cash flows, and, importantly, provide a decent yield already from the start. In this article, I elaborate on two blue-chip picks, which, in my opinion, have to be included in a retirement portfolio.
BXSL: Valuation Becomes More Attractive While Offering A Strong Dividend For Income Investors
BXSL is a 'Buy' for income-focused investors despite rate cuts on the horizon, with September largely expected to see the first cut. This BDC consists primarily of first-lien senior secured debt, with an overwhelming majority of the portfolio in floating rates. Even with rate cuts coming up, the dividend coverage here is strong, and that puts them in a good position to maintain the payout going forward.
I'm Buying Up To 10% Yield For Recurring Income
Dividend investing can be rewarding with compounding, and high-yield picks can give you a head start. Blackstone Secured Lending offers 10.3% yield, a conservative portfolio, and NAV/share growth potential. Imperial Brands shows resilience with pricing power, NGP growth, and 6.7% yield, making it a bargain with market-beating potential.
4 Ultra-Yield Dividend Stocks for Passive Income Investors
Investing in the stock market is all about making money.
