SmarterDividends
BXSL

Blackstone Secured Lending Fund

BXSL

Financial Services · Stock · quarterly payer

Forward Yield

12.94%

Annual Dividend

$3.08

Payout Ratio

161%

5-Yr Growth

Ex-Date

Jun 30, 2026

Frequency

Quarterly

BXSL Dividend Safety Score

60/ 100
Grade C

Borderline

Dividend-growth streak3 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage161% of earnings paid out
Balance-sheet strengthDebt/equity of 1.32
Yield vs its historyYield is 1.5× its 5-yr average — elevated

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

Is BXSL a good dividend stock?

Yes, with caveats

Blackstone Secured Lending Fund (BXSL) pays a quarterly dividend yielding 12.94% ($3.08/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (161%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
12.94%
Payout Ratio
161%
Annual Dividend
$3.08
5-Yr Avg Growth
Ex-Dividend Date
Jun 30, 2026
Years of Growth
3
Frequency
quarterly
Beta
0.42
Market Cap
$5.5B
P/E Ratio
12.5
5-Yr Total Return
-19%
52-Week Range
$22.47 – $32.81
Dividend Safety
C · 60/100
Ever Cut?
No
BXSL ex-dividend date & scheduleNext ex-date Jun 30, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $3.08 / yr per share

Per payment (quarterly)$77.00
Annual$308.00
Monthly avg$25.67