SmarterDividends
BGX

Blackstone Long-Short Credit Income Fund

BGX

Financial Services · Asset Management · Stock · monthly payer

$10.42

Undervalued · +22% Add to Portfolio

Forward Yield

9.35%

Annual Dividend

$0.97

Payout Ratio

753%

5-Yr Growth

-2.8%

Ex-Date

Oct 23, 2026

Frequency

Monthly

Key facts about BGX's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Blackstone Long-Short Credit Income Fund (BGX) has a forward dividend yield of 9.35%, based on an annual dividend of $0.97 per share and a share price of $10.42.
  • As of Oct 18, 2026, BGX's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
  • BGX last cut its regular dividend in 2025.
  • BGX's next ex-dividend date is Oct 23, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
  • BGX's dividend has shrunk at an average rate of 2.8% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BGX is $12.69 per share, 22% above the $10.42 share price, so BGX screens as undervalued.
  • Blackstone Long-Short Credit Income Fund (BGX) pays its dividend monthly, 12 times a year.
  • Blackstone Long-Short Credit Income Fund (BGX) has raised its regular dividend 13 times and cut it 19 times across the 186 payments on record since 2011. Its most recent change was a 2.4% cut to $0.0800 per share, going ex-dividend on Sep 23, 2026.
Cite this page

SmarterDividends, "BGX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BGX

Summary

As of Oct 18, 2026, Blackstone Long-Short Credit Income Fund (BGX) yields 9.35% ($0.97 a year per share) and has a dividend safety grade of C (50/100).

Is BGX a good dividend stock?

Mixed

Blackstone Long-Short Credit Income Fund (BGX) pays a monthly dividend yielding 9.35% ($0.97/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 (753%)
    • 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
    9.35%
    Payout Ratio
    753%
    Annual Dividend
    $0.97
    5-Yr Avg Growth
    -2.8%
    Ex-Dividend Date
    Oct 23, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    —
    Market Cap
    $132.4M
    P/E Ratio
    80.2
    5-Yr Total Return
    -30%
    52-Week Range
    $10.37 – $11.98
    Dividend Safety
    C · 50/100
    Ever Cut?
    Yes (2025)

    BGX dividend raises and cuts

    Blackstone Long-Short Credit Income Fund (BGX) has raised its regular dividend 13 times and cut it 19 times across the 186 payments on record since 2011. Its most recent change was a 2.4% cut to $0.0800 per share, going ex-dividend on Sep 23, 2026.

    Ex-dateChangeOld → newMove
    Sep 23, 2026Cut$0.0820 → $0.0800−2.4%
    Jun 23, 2026Raise$0.0700 → $0.0820+17.1%
    Mar 24, 2026Cut$0.0920 → $0.0700−23.9%
    Dec 23, 2025Raise$0.0810 → $0.0920+13.6%
    Sep 23, 2025Cut$0.0840 → $0.0810−3.6%
    Jun 23, 2025Cut$0.0860 → $0.0840−2.3%
    Mar 24, 2025Cut$0.0970 → $0.0860−11.3%
    Feb 21, 2025Cut$0.101 → $0.0970−4.0%
    Sep 23, 2024Cut$0.105 → $0.101−3.8%
    Mar 20, 2024Raise$0.103 → $0.105+1.9%
    Dec 20, 2023Cut$0.112 → $0.103−8.0%
    Sep 21, 2023Raise$0.104 → $0.112+7.7%
    Show all 32 changes since 2014
    Ex-dateChangeOld → newMove
    Jun 22, 2023Raise$0.0990 → $0.104+5.1%
    Mar 23, 2023Raise$0.0950 → $0.0990+4.2%
    Dec 21, 2022Raise$0.0850 → $0.0950+11.8%
    Sep 22, 2022Raise$0.0790 → $0.0850+7.6%
    Jun 22, 2022Raise$0.0730 → $0.0790+8.2%
    Mar 23, 2022Cut$0.0780 → $0.0730−6.4%
    Dec 22, 2021Cut$0.0830 → $0.0780−6.0%
    Sep 22, 2021Raise$0.0810 → $0.0830+2.5%
    Mar 23, 2021Cut$0.0820 → $0.0810−1.2%
    Dec 22, 2020Cut$0.0870 → $0.0820−5.7%
    Sep 22, 2020Cut$0.100 → $0.0870−13.0%
    Jun 22, 2020Cut$0.112 → $0.100−10.7%
    Mar 23, 2020Cut$0.115 → $0.112−2.6%
    Dec 20, 2019Cut$0.119 → $0.115−3.4%
    Sep 20, 2019Cut$0.122 → $0.119−2.5%
    Jun 20, 2019Raise$0.115 → $0.122+6.1%
    Mar 21, 2019Cut$0.117 → $0.115−1.7%
    Dec 20, 2018Raise$0.103 → $0.117+13.6%
    Feb 16, 2017Raise$0.0980 → $0.103+5.1%
    Mar 20, 2014Cut$0.108 → $0.0980−9.3%
    Every BGX payment →Download every raise and cut (CSV)
    BGX ex-dividend date & scheduleNext ex-date Oct 23, 2026 · full ex-dividend historyView →BGX dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is BGX a good dividend stock?

    Mixed. Blackstone Long-Short Credit Income Fund (BGX) pays a monthly dividend yielding 9.35% ($0.97/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.

    Is BGX undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BGX's fair value is about $12.69 versus a $10.42 share price — so it looks undervalued (+22% vs. fair value).

    Is BGX's dividend safe?

    BGX has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is BGX's fair value?

    Our blended fair-value estimate for BGX is about $12.69 per share, roughly 22% above the current $10.42 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is BGX a buy, hold, or sell?

    We don't issue formal ratings, but on the data BGX screens as "mixed" and undervalued. Blackstone Long-Short Credit Income Fund (BGX) pays a monthly dividend yielding 9.35% ($0.97/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. This is research for your own analysis, not investment advice.

    Will BGX cut its dividend?

    BGX earns a dividend-safety grade of C (50/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does BGX pay a dividend?

    Yes. Blackstone Long-Short Credit Income Fund pays a monthly dividend of about $0.97 per share annually, a forward yield of roughly 9.35%.

    What is BGX's dividend yield?

    As of Oct 18, 2026, BGX's forward dividend yield is 9.35%, based on a $0.97 annual dividend and a $10.42 share price.

    What is BGX's dividend per share?

    As of Oct 18, 2026, BGX pays $0.97 per share per year, distributed on a monthly basis.

    What is BGX's dividend payout ratio?

    As of Oct 18, 2026, BGX's payout ratio is 753% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has BGX grown its dividend?

    BGX does not currently have a long dividend-growth streak on record.

    When is the next BGX ex-dividend date?

    As of Oct 18, 2026, the next ex-dividend date on record for BGX is Oct 23, 2026.

    Income Calculator

    At $0.97 / yr per share

    Per payment (monthly)$8.08
    Annual$97.00
    Monthly avg$8.08

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