Blackstone Secured Lending Fund(BXSL)

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BXSL: Valuation Becomes More Attractive While Offering A Strong Dividend For Income Investors
Seeking Alpha· 2024-09-09 21:32
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I'm Buying Up To 10% Yield For Recurring Income
Seeking Alpha· 2024-08-22 12:10
Sashkinw Dividend investing can be daunting at first, but can also be highly rewarding over the long run thanks to the magic of compounding. When I first got started, I was happy to see dividends cover a daily trip to Starbucks (SBUX) and over time, that has expanded to covering the phone bill, cost of gas, and many more monthly expenses. Of course, it helps to have a leg up when it comes to picking players that start off with a high yield. If one were to pick up the S&P 500 (SPY) today, it would only pay $ ...
Blackstone Secured Lending Fund(BXSL) - 2024 Q2 - Earnings Call Transcript
2024-08-07 17:12
Blackstone Secured Lending Fund (NYSE:BXSL) Q2 2024 Earnings Conference Call August 7, 2024 9:30 AM ET Company Participants Stacy Wang - Head, Stakeholder Relations Brad Marshall - Chairman and Co-CEO Jonathan Bock - Co-CEO Teddy Desloge - CFO Carlos Whitaker - President Conference Call Participants Finian O'Shea - Wells Fargo Securities Robert Dodd - Raymond James Paul Johnson - KBW Mark Hughes - Truist Kenneth Lee - RBC Capital Markets Operator Good day and welcome to the Blackstone Secured Lending Second ...
Blackstone Secured Lending Fund (BXSL) Q2 Earnings Lag Estimates
ZACKS· 2024-08-07 12:57
Blackstone Secured Lending Fund (BXSL) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.11%. A quarter ago, it was expected that this company would post earnings of $0.92 per share when it actually produced earnings of $0.87, delivering a surprise of -5.43%. Over the last four quar ...
Blackstone Secured Lending Fund(BXSL) - 2024 Q2 - Earnings Call Presentation
2024-08-07 12:10
1 Blackstone Secured Lending Fund Reports Second Quarter 2024 Results NEW YORK — August 7, 2024 — Blackstone Secured Lending Fund (NYSE: BXSL, or the "Company") today reported its second quarter 2024 results. Brad Marshall and Jonathan Bock, Co-Chief Executive Officers of Blackstone Secured Lending Fund, said, "BXSL reported the best quarterly earnings on a dollar basis, the highest net asset value per share, and the most active quarter for originations since our IPO in 2021. Credit performance remains stro ...
Blackstone Secured Lending Fund(BXSL) - 2024 Q2 - Quarterly Results
2024-08-07 10:28
Exhibit 99.1 Blackstone Lending Blackstone Secured Lending Fund Reports Second Quarter 2024 Results NEW YORK — August 7, 2024 — Blackstone Secured Lending Fund (NYSE: BXSL, or the "Company") today reported its second quarter 2024 results. Brad Marshall and Jonathan Bock, Co-Chief Executive Officers of Blackstone Secured Lending Fund, said, "BXSL reported the best quarterly earnings on a dollar basis, the highest net asset value per share, and the most active quarter for originations since our IPO in 2021. C ...
Blackstone Secured Lending Fund(BXSL) - 2024 Q2 - Quarterly Report
2024-08-07 10:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ FORM 10-Q _______________________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission F ...
Dividend Harvesting Portfolio Week 177: $17,700 Allocated, $1,594.04 In Projected Dividends
Seeking Alpha· 2024-07-25 13:00
Portfolio Performance and Strategy - The Dividend Harvesting Portfolio has experienced ups and downs, including a -12.65% decline in week 83, but has consistently generated dividend income and achieved a 17.49% ROI on invested capital by week 177 [2][12] - The portfolio is designed to mitigate downside risk and generate recurring income, with a secondary goal of capital appreciation, and is highly diversified across sectors to benefit from market rebalancing [2][8] - The portfolio has generated $33.49 in dividend income in a single week, with a 2024 weekly average of $27.53, and is on track to exceed $100 in weekly dividend income in 2024 [4][5] Sector Allocation and Income Distribution - REITs, ETFs, CEFs, and BDCs make up 61.37% of the portfolio and generate 71.87% of the forward income, while individual equities represent 38.63% of the portfolio and generate 28.13% of the dividend income [25] - The portfolio is diversified across sectors, with REITs (19.58%), ETFs (18.95%), and Closed End Funds (13.27%) being the largest allocations, while maintaining a cap of 20% per sector to mitigate downside risk [19][8] - The top 10 holdings represent 31.58% of the portfolio and are projected to generate 30.60% of the annualized dividend income, with a forward yield of 9.06% [28] Key Holdings and Recent Additions - Altria Group (MO) has rallied 22.61% to $49.45 and is now the first position in the portfolio to exceed $1,000 in value, with a yield of 7.93% [27][21] - Blackstone Secured Lending Fund (BXSL) and NEOS NASDAQ-100(R) High Income ETF (QQQI) were added to in week 177, with BXSL generating a 10.18% yield and QQQI projected to pay $7.25 per share in dividends annually [10][29] - The portfolio has 32 positions generating at least 1 share annually from dividends, with an expected $116.60 in additional dividend income from new shares [6] Dividend Growth and Compounding - The portfolio has grown from $97.44 in forward dividend income in week 1 to $1,594.04 by week 177, with a projected $1,600 by the end of July and $1,650 by the end of summer [11][12] - In 2024, the portfolio has collected $798.43 in dividend income from 386 dividends, representing 81.80% of 2023's total dividend income from 58.48% of the dividends produced [16] - The power of compounding is expected to accelerate, with $2,000 and $3,000 in forward dividend income being achieved much quicker than the initial $1,400 milestone [12]
2 Big Yields From An Undervalued REIT And Growing BDC
Seeking Alpha· 2024-05-12 12:15
Andy Roberts/iStock via Getty Images Growing one’s nest egg can be a fun journey, especially when one has extra capital to deploy from recurring dividends. This could be a solid supplement to contributing a portion of one’s own paycheck on a regular basis, and the extra dividend income could also provide extra cushion for life events such as vacations or in the unfortunate case of a job loss. With the S&P 500 (SPY) again nearing its all-time high, those investing in the index today won’t likely see mean ...
Blackstone Secured Lending Fund(BXSL) - 2024 Q1 - Earnings Call Presentation
2024-05-08 14:51
PORTFOLIO CONSTRUCTION 17% Broad industry representation with largest exposures in software, health care providers & services, professional services and commercial services & supplies Top Ten Portfolio Companies(1)(2) Top Ten Industries(1)(3) (as of March 31, 2024) | --- | --- | --- | --- | |--------------------------------------------------------|----------------------------------------------|----------------------------------------------|-------| | | Donuts, 3% Snoopy Bidco, 3% \nGuidehouse, 3% | Software ...