Blackstone Secured Lending Fund BXSL
NYSE BXSL
$24.48 -0.24 (-0.97%)
As of: Sep 8, 2026 · 3:59 PM EDT

Blackstone Secured Lending Fund (BXSL) Dividend Coverage Ratio (2021 - 2026)

Blackstone Secured Lending Fund's (BXSL) quarterly Dividend Coverage Ratio came in at 0.43 in Q2 2026, down 13.09% on a YoY basis from 0.49 in Q2 2025, and down 7.45% quarter-over-quarter from 0.46 in Q1 2026.

Analysis

Blackstone Secured Lending Fund (BXSL) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends

Blackstone Secured Lending Fund (BXSL) has reported Dividend Coverage Ratio for 6 consecutive years, with 0.43 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Dividend Coverage Ratio fell 13.09% year-over-year to 0.43; the trailing twelve-month figure through Jun 2026 stood at 0.48 (down 15.88% YoY), and the FY2025 full-year result was 0.53, down 19.18% from the prior year.
  • Dividend Coverage Ratio fell to 0.43 in Q2 2026 per BXSL's latest filing, from 0.46 in the prior quarter.
  • Across five years, Dividend Coverage Ratio topped out at 0.98 in Q2 2023 and bottomed at 0.43 in Q2 2026.
  • Historically, Dividend Coverage Ratio has averaged 0.66 across 5 years, with a median of 0.66 in 2024.
  • The sharpest annual moves came in 2022 and 2023: Dividend Coverage Ratio slumped 38.11% in 2022, then soared 89.49% in 2023.
  • Over 5 years, Dividend Coverage Ratio stood at 0.69 in 2022, then grew by 18.41% to 0.81 in 2023, then slipped by 28.68% to 0.58 in 2024, then dropped by 15.1% to 0.49 in 2025, then declined by 13.2% to 0.43 in 2026.
  • According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 0.43, 0.46, and 0.49 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Ares Capital 14.14 Bn 13.76 Bn - 0.42
2 Blackstone Secured Lending Fund 5.70 Bn 5.44 Bn - 0.43
3 Blue Owl Capital 5.54 Bn 5.30 Bn - 0.29
4 Main Street Capital 5.29 Bn 5.23 Bn - 1.89
5 Blue Owl Technology Finance 5.08 Bn 4.87 Bn - 0.18
6 Hercules Capital 4.65 Bn 4.60 Bn - 0.69
7 FS KKR Capital 3.42 Bn 3.31 Bn - -
8 Golub Capital Bdc 3.32 Bn 3.27 Bn - -0.06
9 PennantPark Floating Rate Capital 2.48 Bn -127.01 Mn - -0.63
10 MidCap Financial Investment 2.07 Bn 2.03 Bn - 0.22
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.43
Mar 31, 2026 0.46
Dec 31, 2025 0.49
Sep 30, 2025 0.55
Jun 30, 2025 0.49
Mar 31, 2025 0.58
Dec 31, 2024 0.58
Sep 30, 2024 0.66
Jun 30, 2024 0.66
Mar 31, 2024 0.72
Dec 31, 2023 0.81
Sep 30, 2023 0.86
Jun 30, 2023 0.98
Mar 31, 2023 0.90
Dec 31, 2022 0.69
Sep 30, 2022 0.69
Jun 30, 2022 0.52
Mar 31, 2022 0.80
Dec 31, 2021 1.11