24th Jan 2022 14:13
Blackstone Loan Financing Ltd - invests in floating rate senior secured loans and bonds - Declares EUR0.0275 dividend for the final quarter of 2021. Says this is at the top end of its prior guidance and equates to EUR0.0800 per share for all of last year and a dividend yield of 10%. For 2022, again sets an annual dividend target of EUR0.0700 to EUR0.0800, with EUR0.0175 paid out in each of the first three quarters, followed by a variable payment for the final quarter. This would represent a dividend yield of 8.9% to 10%.
Current stock price: EUR0.78, down 0.6% on Monday
12-month change: up 15%
By Tom Waite; [email protected]
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