Blackstone Long-Short Credit Income Fund
BGXFinancial Services · Stock · monthly payer
Forward Yield
9.09%
Annual Dividend
$0.98
Payout Ratio
148%
5-Yr Growth
-2.8%
Ex-Date
Aug 24, 2026
Frequency
Monthly
Summary
As of August 2026, Blackstone Long-Short Credit Income Fund (BGX) yields 9.09% ($0.98 per share annually), with a blended fair-value estimate of $9.10 — -16% downside, so it screens as overvalued. Dividend safety grade: C (50/100).
Is BGX a good dividend stock?
MixedBlackstone Long-Short Credit Income Fund (BGX) pays a monthly dividend yielding 9.09% ($0.98/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (148%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.09%
- Payout Ratio
- 148%
- Annual Dividend
- $0.98
- 5-Yr Avg Growth
- -2.8%
- Ex-Dividend Date
- Aug 24, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $136.6M
- P/E Ratio
- 15.4
- 5-Yr Total Return
- -29%
- 52-Week Range
- —
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
BGX Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
-7%
5 Years
-29%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BGX worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Blackstone Long-Short Credit Income Fund is $9.10 per share, versus a market price of $10.79. That implies 16% of downside.
Fair Value
$9.10
Current Price
$10.79
Downside
-16%
Margin of Safety
-19%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.3% discount rate (CAPM), -3.2% stage-1 growth, 2.5% terminal growth, $0.70 EPS, $0.98 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BGX Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 24, 2026 | — | $0.0820 | regular |
| Jul 24, 2026 | — | $0.0820 | regular |
| Jun 23, 2026 | — | $0.0820 | regular |
| May 21, 2026 | — | $0.0700 | regular |
| Apr 23, 2026 | — | $0.0700 | regular |
| Mar 24, 2026 | — | $0.0700 | regular |
| Feb 20, 2026 | — | $0.0920 | regular |
| Dec 31, 2025 | — | $0.0920 | regular |
| Dec 23, 2025 | — | $0.0920 | regular |
| Nov 20, 2025 | — | $0.0810 | regular |
| Oct 24, 2025 | — | $0.0810 | regular |
| Sep 23, 2025 | — | $0.0810 | regular |
| Aug 22, 2025 | — | $0.0840 | regular |
| Jul 24, 2025 | — | $0.0840 | regular |
Income Calculator
At $0.98 / yr per share
