Blackstone Strategic Credit 2027 Term Fund (BGB) To Go Ex-Dividend on October 23rd

Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB) announced a monthly dividend on Friday, September 11th. Investors of record on Friday, October 23rd will be paid a dividend of $0.0740 per share on Friday, October 30th. This represents a $0.89 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Friday, October 23rd.

Blackstone Strategic Credit 2027 Term Fund Stock Performance

Shares of BGB stock traded down $0.01 during trading hours on Wednesday, reaching $11.04. 8,270 shares of the company’s stock were exchanged, compared to its average volume of 148,909. The company’s 50 day moving average is $11.18 and its two-hundred day moving average is $11.25. Blackstone Strategic Credit 2027 Term Fund has a 1 year low of $10.85 and a 1 year high of $12.01.

About Blackstone Strategic Credit 2027 Term Fund

Blackstone Strategic Credit 2027 Term Fund (NYSE:BGB) is a closed-end investment fund managed by Blackstone Credit & Insurance, part of Blackstone. The fund seeks to provide investors with current income and capital preservation by investing primarily in credit-related assets.

The fund’s portfolio may include senior secured loans, high-yield bonds, corporate debt, structured credit instruments and other fixed-income securities. It can invest across industries and geographies, with an emphasis on the U.S.