Blackstone Strategic Credit 2027 Term Fund
BGBFinancial Services · Stock · monthly payer
Forward Yield
8.22%
Annual Dividend
$0.93
Payout Ratio
151%
5-Yr Growth
-1.6%
Ex-Date
Jun 23, 2026
Frequency
Monthly
Summary
As of June 2026, Blackstone Strategic Credit 2027 Term Fund (BGB) yields 8.22% ($0.93 per share annually), with a blended fair-value estimate of $14.65 — +30% upside, so it screens as undervalued. Dividend safety grade: D (47/100).
Is BGB a good dividend stock?
MixedBlackstone Strategic Credit 2027 Term Fund (BGB) pays a monthly dividend yielding 8.22% ($0.93/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (151%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 8.22%
- Payout Ratio
- 151%
- Annual Dividend
- $0.93
- 5-Yr Avg Growth
- -1.6%
- Ex-Dividend Date
- Jun 23, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $505.3M
- P/E Ratio
- 16.9
- 5-Yr Total Return
- -17%
- 52-Week Range
- $10.85 – $12.65
- Dividend Safety
- D · 47/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
BGB Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
+2%
5 Years
-17%
52-Week Range
$10.85 – $12.65
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BGB worth?
Undervaluedlow confidenceOur blended fair-value estimate for Blackstone Strategic Credit 2027 Term Fund is $14.65 per share, versus a market price of $11.31. That implies 30% of upside — a margin of safety of about 23%.
Fair Value
$14.65
Current Price
$11.31
Upside
+30%
Margin of Safety
23%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -1.1% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -1.1% stage-1 growth, 2.5% terminal growth, $0.67 EPS, $0.93 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BGB Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 21, 2026 | — | $0.0790 | regular |
| Apr 23, 2026 | — | $0.0790 | regular |
| Mar 24, 2026 | — | $0.0790 | regular |
| Feb 20, 2026 | — | $0.0770 | regular |
| Dec 31, 2025 | — | $0.0770 | regular |
| Dec 23, 2025 | — | $0.0770 | regular |
| Nov 20, 2025 | — | $0.0780 | regular |
| Oct 24, 2025 | — | $0.0780 | regular |
| Sep 23, 2025 | — | $0.0780 | regular |
| Aug 22, 2025 | — | $0.0890 | regular |
| Jul 24, 2025 | — | $0.0890 | regular |
| Jun 23, 2025 | — | $0.0890 | regular |
| May 22, 2025 | — | $0.0890 | regular |
| Apr 23, 2025 | — | $0.0890 | regular |
Income Calculator
At $0.93 / yr per share
