Blackstone Secured Lending Fund (BXSL) Payout Ratio (2021 - 2026)

Blackstone Secured Lending Fund (BXSL) has reported Payout Ratio for 6 consecutive years, with 2.34 the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Payout Ratio rose 15.07% year-over-year to 2.34; the trailing twelve-month figure through Jun 2026 stood at 2.07 (up 18.88% YoY), and the FY2025 full-year result was 1.89, up 23.73% from the prior year.
• Payout Ratio rose to 2.34 in Q2 2026 per BXSL's latest filing, from 2.17 in the prior quarter.
• Across five years, Payout Ratio topped out at 2.34 in Q2 2026 and bottomed at 1.02 in Q2 2023.
• Historically, Payout Ratio has averaged 1.6 across 5 years, with a median of 1.51 in 2024.
• The sharpest annual moves came in 2022 and 2023: Payout Ratio jumped 61.57% in 2022, then slumped 47.23% in 2023.
• Over 5 years, Payout Ratio stood at 1.46 in 2022, then dropped by 15.55% to 1.23 in 2023, then surged by 40.22% to 1.72 in 2024, then climbed by 17.78% to 2.03 in 2025, then rose by 15.2% to 2.34 in 2026.
• According to Business Quant data, Payout Ratio over the past three periods registered 2.34, 2.17, and 2.03 for Q2 2026, Q1 2026, and Q4 2025 respectively.