Home

Dividends Analysis

Dividend Ideas

Financials

Summary

Blackstone Secured Lending offers a high 12.7% yield backed by a conservative portfolio and Blackstone’s proven credit expertise.

BXSL also trades at a substantial discount to NAV.

However, the recent jump in non-accruals and looming AI disruption risk are putting a fresh spotlight on the sustainability of the dividend.

We take a fresh look at the company and share our thoughts on the sustainability of the dividend.

Looking for a portfolio of ideas like this one? Members of High Yield Investor get exclusive access to our subscriber-only portfolios. Learn More »

Lucky7trader/iStock via Getty Images

I last covered Blackstone Secured Lending ( BXSL ) about four weeks ago. At the time, it traded at a 13.3% dividend yield and a 14% discount to net asset value, both of which signaled significant value relative to its historical norms.…