Blackstone Senior Floating Rate 2027 Term Fund
BSLFinancial Services · Stock · monthly payer
Forward Yield
8.11%
Annual Dividend
$1.06
Payout Ratio
200%
5-Yr Growth
1.0%
Ex-Date
Jul 24, 2026
Frequency
Monthly
Summary
As of July 2026, Blackstone Senior Floating Rate 2027 Term Fund (BSL) yields 8.11% ($1.06 per share annually), with a blended fair-value estimate of $19.26 — +47% upside, so it screens as undervalued. Dividend safety grade: D (49/100).
Is BSL a good dividend stock?
MixedBlackstone Senior Floating Rate 2027 Term Fund (BSL) pays a monthly dividend yielding 8.11% ($1.06/yr), with 0 years of growth and a dividend-safety grade of D. 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 (200%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 8.11%
- Payout Ratio
- 200%
- Annual Dividend
- $1.06
- 5-Yr Avg Growth
- 1.0%
- Ex-Dividend Date
- Jul 24, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.36
- Market Cap
- $170.0M
- P/E Ratio
- 22.9
- 5-Yr Total Return
- -19%
- 52-Week Range
- $12.45 – $14.35
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
BSL Price — Last 12 Months
Daily close
Price Return
1 Year
-8%
3 Years
-0%
5 Years
-19%
52-Week Range
$12.45 – $14.35
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BSL worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Blackstone Senior Floating Rate 2027 Term Fund is $19.26 per share, versus a market price of $13.10. That implies 47% of upside — a margin of safety of about 32%.
Fair Value
$19.26
Current Price
$13.10
Upside
+47%
Margin of Safety
32%
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.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 5.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 5.1% stage-1 growth, 2.5% terminal growth, $0.57 EPS, $1.06 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BSL Dividend Safety Score
Risky
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 |
|---|---|---|---|
| Jun 23, 2026 | — | $0.0880 | regular |
| May 21, 2026 | — | $0.0840 | regular |
| Apr 23, 2026 | — | $0.0840 | regular |
| Mar 24, 2026 | — | $0.0840 | regular |
| Feb 20, 2026 | — | $0.0950 | regular |
| Dec 31, 2025 | — | $0.0950 | regular |
| Dec 23, 2025 | — | $0.0950 | regular |
| Nov 20, 2025 | — | $0.0870 | regular |
| Oct 24, 2025 | — | $0.0870 | regular |
| Sep 23, 2025 | — | $0.0870 | regular |
| Aug 22, 2025 | — | $0.0970 | regular |
| Jul 24, 2025 | — | $0.0970 | regular |
| Jun 23, 2025 | — | $0.0970 | regular |
| May 22, 2025 | — | $0.0970 | regular |
Income Calculator
At $1.06 / yr per share
