Blackstone Loan Financing (LON:BGLF) Stock Price Up 3.1%

Blackstone Loan Financing Limited (LON:BGLFGet Free Report)’s share price traded up 3.1% during mid-day trading on Friday . The company traded as high as GBX 0.67 ($0.01) and last traded at GBX 0.67 ($0.01). 13,506,012 shares changed hands during mid-day trading, an increase of 1,769% from the average session volume of 722,533 shares. The stock had previously closed at GBX 0.65 ($0.01).

Blackstone Loan Financing Price Performance

The business’s 50-day moving average price is GBX 0.62 and its 200 day moving average price is GBX 0.60. The company has a market capitalization of £2.88 million, a P/E ratio of 5.00 and a beta of 0.72. The company has a quick ratio of 439.38, a current ratio of 528.21 and a debt-to-equity ratio of 0.67.

Blackstone Loan Financing Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 7th. Shareholders of record on Thursday, May 2nd were issued a €0.02 ($0.02) dividend. This represents a yield of 3.81%. The ex-dividend date of this dividend was Thursday, May 2nd. Blackstone Loan Financing’s payout ratio is 6,923.08%.

Blackstone Loan Financing Company Profile

(Get Free Report)

Blackstone/GSO Loan Financing Ltd is an internally managed investment fund. it invests in floating rate senior secured loans directly and indirectly through CLO Securities. Blackstone/GSO Loan Financing Ltd was founded in 2014 and is domiciled in Jersey, Channel Islands.

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