StockWatch
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Quarterly ResultAug 6, 2026, 06:47 AM

Blackstone Secured Lending Q2 NII $0.75/share; Declares $0.77 Dividend

AI Summary

Blackstone Secured Lending Fund reported Q2 2026 net investment income of $0.75 per share, a slight decrease from $0.77 in the prior quarter and Q2 2025. Net income for the quarter was $0.04 per share. The company's Board of Trustees declared a Q3 2026 dividend of $0.77 per share, maintaining its payout and representing a 12.1% dividend yield. The portfolio remains robust, with 96.8% first-lien senior secured debt and a low 1.8% of investments on non-accrual.

Key Highlights

  • Q2 2026 Net Investment Income (NII) was $0.75 per share.
  • Q2 2026 Net Income was $0.04 per share.
  • Declared Q3 2026 dividend of $0.77 per share, representing a 12.1% yield.
  • Net Asset Value (NAV) was $25.53 per share.
  • New investment fundings totaled $0.3 billion; repayments were $0.8 billion.
  • Non-accrual debt investments stood at 1.8% of fair value.
  • Available liquidity was $2.8 billion.
  • Portfolio is 96.8% first-lien, senior secured debt.