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

Posted by Stanley Muller on May 20th, 2025

Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB – Get Free Report) declared a monthly dividend on Monday, March 17th, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be paid a dividend of 0.089 per share on Friday, May 30th. This represents a $1.07 dividend on an annualized basis and a yield of 8.94%. The ex-dividend date of this dividend is Thursday, May 22nd.

Blackstone Strategic Credit 2027 Term Fund has increased its dividend payment by an average of 7.2% per year over the last three years.

Blackstone Strategic Credit 2027 Term Fund Stock Performance

Shares of NYSE:BGB opened at $11.95 on Tuesday. Blackstone Strategic Credit 2027 Term Fund has a 1 year low of $10.47 and a 1 year high of $12.69. The business has a fifty day moving average price of $11.77 and a two-hundred day moving average price of $12.16.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Blackstone Strategic Credit 2027 Term Fund stock. NewEdge Advisors LLC grew its position in shares of Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB – Free Report) by 12.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 63,189 shares of the company’s stock after buying an additional 7,005 shares during the period. NewEdge Advisors LLC’s holdings in Blackstone Strategic Credit 2027 Term Fund were worth $763,000 at the end of the most recent reporting period.

Blackstone Strategic Credit 2027 Term Fund Company Profile

(Get Free Report)

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.