SmarterDividends
BXSL

Blackstone Secured Lending Fund

BXSL

Financial Services · Asset Management · Stock · quarterly payer

$23.76

Undervalued · +33% Add to Portfolio

Forward Yield

12.96%

Annual Dividend

$3.08

Payout Ratio

243%

5-Yr Growth

—

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about BXSL's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 14, 2026, Blackstone Secured Lending Fund (BXSL) has a forward dividend yield of 12.96%, based on an annual dividend of $3.08 per share and a share price of $23.76.
  • As of Oct 14, 2026, BXSL's dividend safety grade from SmarterDividends is C (62 out of 100), which rates the dividend as borderline.
  • BXSL has never cut its regular dividend in the payment history SmarterDividends has on record.
  • BXSL's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.77 per share.
  • As of Oct 14, 2026, BXSL pays out 243% of its trailing 12-month earnings as dividends (its payout ratio).
  • As of Oct 14, 2026, BXSL's 12.96% yield is 45% above its five-year average yield of 8.91%.
  • As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for BXSL is $31.54 per share, 33% above the $23.76 share price, so BXSL screens as undervalued.
  • Blackstone Secured Lending Fund (BXSL) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "BXSL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/BXSL

Summary

As of Oct 14, 2026, Blackstone Secured Lending Fund (BXSL) yields 12.96% ($3.08 a year per share) and has a dividend safety grade of C (62/100).

Is BXSL a good dividend stock?

Yes, with caveats

Blackstone Secured Lending Fund (BXSL) pays a quarterly dividend yielding 12.96% ($3.08/yr), with 0 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 (243%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
12.96%
Payout Ratio
243%
Annual Dividend
$3.08
5-Yr Avg Growth
—
Ex-Dividend Date
Sep 30, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.44
Market Cap
$5.5B
P/E Ratio
18.7
5-Yr Total Return
-18%
52-Week Range
$22.47 – $28.59
Dividend Safety
C · 62/100
Ever Cut?
No
BXSL ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →BXSL dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is BXSL a good dividend stock?

Yes, with caveats. Blackstone Secured Lending Fund (BXSL) pays a quarterly dividend yielding 12.96% ($3.08/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is BXSL undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BXSL's fair value is about $31.54 versus a $23.76 share price — so it looks undervalued (+33% vs. fair value).

Is BXSL's dividend safe?

BXSL has a dividend-safety grade of C (62/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is BXSL's fair value?

Our blended fair-value estimate for BXSL is about $31.54 per share, roughly 33% above the current $23.76 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BXSL a buy, hold, or sell?

We don't issue formal ratings, but on the data BXSL screens as "yes, with caveats" and undervalued. Blackstone Secured Lending Fund (BXSL) pays a quarterly dividend yielding 12.96% ($3.08/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will BXSL cut its dividend?

BXSL earns a dividend-safety grade of C (62/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BXSL pay a dividend?

Yes. Blackstone Secured Lending Fund pays a quarterly dividend of about $3.08 per share annually, a forward yield of roughly 12.96%.

What is BXSL's dividend yield?

As of Oct 14, 2026, BXSL's forward dividend yield is 12.96%, based on a $3.08 annual dividend and a $23.76 share price.

What is BXSL's dividend per share?

As of Oct 14, 2026, BXSL pays $3.08 per share per year, distributed on a quarterly basis.

What is BXSL's dividend payout ratio?

As of Oct 14, 2026, BXSL's payout ratio is 243% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has BXSL grown its dividend?

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

When is the next BXSL ex-dividend date?

As of Oct 14, 2026, BXSL's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.77 per share.