
Blackstone Secured Lending Fund
BXSLFinancial Services · Asset Management · Stock · quarterly payer
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 caveatsBlackstone 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
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.
BXSL Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
-13%
5 Years
-18%
52-Week Range
$22.47 – $28.59
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BXSL worth?
Undervaluedlow confidenceOur blended fair-value estimate for Blackstone Secured Lending Fund is $31.54 per share, versus a market price of $23.76. That implies 33% of upside — a margin of safety of about 25%.
Fair Value
$31.54
Current Price
$23.76
Upside
+33%
Margin of Safety
25%
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: 8.0% discount rate (CAPM), 0.0% growth for five years fading to 2.5% over the next five, $1.27 EPS, $3.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BXSL 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
Full BXSL dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 30, 2026 | Oct 23, 2026 | $0.7700 | regular |
| Jun 30, 2026 | Jul 24, 2026 | $0.7700 | regular |
| Mar 31, 2026 | Apr 24, 2026 | $0.7700 | regular |
| Dec 31, 2025 | Jan 23, 2026 | $0.7700 | regular |
| Sep 30, 2025 | Oct 24, 2025 | $0.7700 | regular |
| Jun 30, 2025 | Jul 25, 2025 | $0.7700 | regular |
| Mar 31, 2025 | Apr 25, 2025 | $0.7700 | regular |
| Dec 31, 2024 | Jan 24, 2025 | $0.7700 | regular |
| Sep 30, 2024 | Oct 25, 2024 | $0.7700 | regular |
| Jun 28, 2024 | Jul 26, 2024 | $0.7700 | regular |
| Mar 27, 2024 | Apr 26, 2024 | $0.7700 | regular |
| Dec 28, 2023 | Jan 26, 2024 | $0.7700 | regular |
| Sep 28, 2023 | Oct 26, 2023 | $0.7700 | regular |
| Jun 29, 2023 | Jul 27, 2023 | $0.7000 | regular |
Income Calculator
At $3.08 / yr per share
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