BXSL Dividend History & Analysis | 10.8% Yield

BXSL has a dividend yield of 10.8% and paid 3.08 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 10.75%
Payout Ratio 132.2%
Growth Rate CAGR 5y 1.91%
Consistency Lifetime 99.0%
Yield on Cost 5y 17.43%
Payout FCF -
Streak Years 4
Dividend Rating 73.70%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ECC 674 M 27.1% 42.3%
OXLC 1,177 M 28.3% 29.4%
ECAT 1,525 M 22.0% 36.5%
OCCI 129 M 24.3% 30.2%
BCAT 1,554 M 22.4% 31.2%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ECAT 1,525 M 144% 91.7%
FSCO 1,204 M 105% 90.0%
OPFI 831 M 108% 100%
SUNS 126 M 90.5% 100%
OWL 19,571 M 60.1% 100%

Quality Dividend Peers in Asset Management & Custody Banks

BUI
BlackRock Utility
10.47% Yield
GAM
General American
11.74% Yield
TBLD
Thornburg Income
6.56% Yield
BK
HQL

BXSL Dividend History: Last 21 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-31 2025-12-31 2026-01-23 Quarterly 0.77 0% 2.92%
2025-09-30 2025-09-30 2025-10-24 Quarterly 0.77 0% 2.95%
2025-06-30 2025-06-30 2025-07-25 Quarterly 0.77 0% 2.51%
2025-03-31 2025-03-31 2025-04-25 Quarterly 0.77 0% 2.41%
2024-12-31 2024-12-31 2025-01-24 Quarterly 0.77 0% 2.38%
2024-09-30 2024-09-30 2024-10-25 Quarterly 0.77 0% 2.61%
2024-06-28 2024-06-30 2024-07-26 Quarterly 0.77 0% 2.48%
2024-03-27 2024-03-31 2024-04-26 Quarterly 0.77 0% 2.49%
2023-12-28 2023-12-31 2024-01-26 Quarterly 0.77 0% 2.77%
2023-09-28 2023-09-30 2023-10-26 Quarterly 0.77 10% 2.83%
2023-06-29 2023-06-30 2023-07-27 Quarterly 0.7 0% 2.61%
2023-03-30 2023-03-31 2023-04-27 Quarterly 0.7 16.7% 2.75%
2022-12-29 2022-12-31 2023-01-31 Quarterly 0.6 0% 2.69%
2022-09-29 2022-09-30 2022-11-14 Quarterly 0.6 200% 2.57%
2022-07-15 2022-07-18 2022-11-15 Other 0.2 -62.3% 0.86%
2022-06-29 2022-06-30 2022-08-12 Quarterly 0.53 165% 2.26%
2022-05-13 2022-05-16 2022-08-15 Other 0.2 -62.3% 0.8%
2022-03-30 2022-03-31 2022-05-13 Quarterly 0.53 253.3% 1.89%
2022-03-15 2022-03-16 2022-05-13 Other 0.15 50% 0.53%
2022-01-14 2022-01-18 2022-05-13 Other 0.1 -81.1% 0.33%
2021-12-30 2021-12-31 2022-01-31 Quarterly 0.53 0% 1.54%

BXSL Dividend FAQ

Blackstone Secured Lending Fund (BXSL) operates as a Delaware statutory trust and a Business Development Company (BDC) under the 1940 Act, electing Regulated Investment Company (RIC) tax status to pass income through to shareholders.

What is the Dividend Yield of BXSL?

As of February 2026, BXSL`s dividend yield is 10.75%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 3.08 USD by the current share price of 25.20.

Does BXSL pay a dividend?

As of February 2026, BXSL paid a dividend of 3.08 USD in the last 12 months. The last dividend was paid on 2025-12-31 and the payout was 0.77 USD.

How often does BXSL pay dividends?

BXSL pays dividends quarterly. Over the last 12 months, BXSL has issued 4 dividend payments. The last dividend payment was made on 2025-12-31.

BXSL dividend forecast

Based on historical data, the forecasted dividends per share for BXSL for the next 4 payments are between 0.903 (+17.3%) and 1.034 (+34.3%).
This represents a strong dividend growth compared to the last payment.

Will BXSL pay dividends in 2026?

The latest dividend paid per share was 0.77 USD with an Ex-Dividend Date of 2025-12-31. The next Ex-Dividend date for Blackstone Secured (BXSL) is currently unknown.

What is the next Ex-Dividend Date for BXSL?

The next Ex-Dividend date for Blackstone Secured (BXSL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of BXSL?

BXSL's average dividend growth rate over the past 5 years is 1.91% per year.
Weak growth: BXSL's Dividend growth is lower than inflation.

What is the Yield on Cost of BXSL?

BXSL's 5-Year Yield on Cost is 17.4%. If you bought BXSL's shares at 17.67 USD five years ago, your current annual dividend income (3.08 USD per share, trailing 12 months) equals 17.4% of your original purchase price.

What is the Payout Consistency of BXSL?

BXSL Payout Consistency is 99.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: Blackstone Secured has a strong track record of consistent dividend payments over its lifetime.

Does BXSL have a good Dividend Yield?

BXSL`s 10.75% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of BXSL?

The Dividend Payout Ratio of BXSL is 132.2%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of BXSL?

BXSL`s Overall Dividend Rating is 73.70%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

BXSL Outstanding Shares Analysis

What is the Trend in BXSL's Outstanding Shares?

Blackstone Secured's outstanding shares have increased by approximately 17.26% annually over the past 3 years (Trend Reliability: 100.0%).

Significant dilution: Heavy share issuance is diluting existing shareholders. Even if total dividends paid increase, your dividend per share may stagnate or decline.

Has BXSL ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
2018 7,458,200
2019 49,830,600 +568.13%
2020 99,453,400 +99.58%
2021 169,274,000 +70.2%
2022 160,362,900 -5.26%
2023 167,615,400 +4.52%
2024 217,362,300 +29.68%
2025 230,462,800 +6.03%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-05 02:39