GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackstone Long-Short Credit Income Fund (NYSE:BGX) » Definitions » 3-Year Dividend Growth Rate

Blackstone Long-Short Creditome Fund (Blackstone Long-Short Creditome Fund) 3-Year Dividend Growth Rate : 4.50% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Blackstone Long-Short Creditome Fund 3-Year Dividend Growth Rate?

Blackstone Long-Short Creditome Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.75.

The historical rank and industry rank for Blackstone Long-Short Creditome Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

BGX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -14.5   Med: -5   Max: 4.5
Current: 4.5

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Blackstone Long-Short Creditome Fund was 4.50% per year. The lowest was -14.50% per year. And the median was -5.00% per year.

BGX's 3-Year Dividend Growth Rate is ranked better than
61.5% of 865 companies
in the Asset Management industry
Industry Median: 1.8 vs BGX: 4.50

During the past 12 months, Blackstone Long-Short Creditome Fund's average Dividends Per Share Growth Rate was 51.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Blackstone Long-Short Creditome Fund's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.77. As of today, Blackstone Long-Short Creditome Fund's Dividend Yield % is 10.13%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Blackstone Long-Short Creditome Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Blackstone Long-Short Creditome Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackstone Long-Short Creditome Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Long-Short Creditome Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Blackstone Long-Short Creditome Fund's 3-Year Dividend Growth Rate falls into.



Blackstone Long-Short Creditome Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Blackstone Long-Short Creditome Fund  (NYSE:BGX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Blackstone Long-Short Creditome Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.75/ 0.97
=0.77

During the past 7 years, the highest Dividend Payout Ratio of Blackstone Long-Short Creditome Fund was 9.03. The lowest was 0.70. And the median was 0.89.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Blackstone Long-Short Creditome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1050002024-05-222024-05-232024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1050002024-04-222024-04-232024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1050002024-03-202024-03-212024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1030002024-02-212024-02-222024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1030002023-12-282023-12-292024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1030002023-12-202023-12-212023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1120002023-11-212023-11-222023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1120002023-10-232023-10-242023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1120002023-09-212023-09-222023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1040002023-08-232023-08-242023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1040002023-07-212023-07-242023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1040002023-06-222023-06-232023-06-30Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Blackstone Long-Short Creditome Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.272/12.56
=10.13 %

Current Share Price is $12.56.
Blackstone Long-Short Creditome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.272.

During the past 7 years, the highest Dividend Yield of Blackstone Long-Short Creditome Fund was 14.34%. The lowest was 6.60%. And the median was 8.12%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blackstone Long-Short Creditome Fund 3-Year Dividend Growth Rate Related Terms>


Blackstone Long-Short Creditome Fund (Blackstone Long-Short Creditome Fund) Business Description

Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Long-Short Credit Income Fund is a diversified, closed-end management investment company. The fund's primary investment objective is to provide current income, with a secondary objective of capital appreciation. It seeks to achieve its investment objectives by employing a dynamic long-short strategy in a diversified portfolio of loans and fixed-income instruments of predominantly U.S. corporate issuers, including first- and second-lien secured loans (Secured Loans) and high yield corporate bonds of varying maturities.
Executives
Gordon Mckemie other: Portfolio Manager C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
William J Renahan officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Valerie Naratil officer: Public Relations Officer 345 PARK AVENUE, NEW YORK NY 10154
Gregory Roppa officer: CFO & Treasurer 601 LEXINGTON AVENUE, NEW YORK NY 10022
Jane Siebels director 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Robert Post other: Portfolio Manager C/O GSO/BLACKSTONE DEBT FUNDS MGMT, LLC, 345 PARK AVE 31ST FLOOR, NEW YORK NY 10154
Jane Lee officer: Public Relations Officer 1290 BROADWAY, SUITE 1100 CO 80203
Robert W Busch officer: CFO & Treasurer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Lion Connecticut Holdings Inc. 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095
Voya Financial, Inc. 10 percent owner 230 PARK AVENUE, NEW YORK NY 10169
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Ing Usa Annuity & Life Insurance Co 10 percent owner 699 WALNUT STREET, SUITE 1350, DE MOINES IA 50309-3942
Ing Life Insurance & Annuity Co 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095-4774
Dohyun (doris) Lee-silvestri officer: Chief Financial Officer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019

Blackstone Long-Short Creditome Fund (Blackstone Long-Short Creditome Fund) Headlines

From GuruFocus

Top 5 2nd Quarter Trades of Next Capital Management LLC

By GuruFocus Research GuruFocus Editor 07-20-2022