Blackstone Loan Financing (LON:BGLF) Shares Down 0.8% – What’s Next?

Blackstone Loan Financing Limited (LON:BGLF) shares were down 0.8% during mid-day trading on Monday . The stock traded as low as GBX 0.75 ($0.01) and last traded at GBX 0.75 ($0.01). Approximately 19,756 shares traded hands during trading, a decline of 97% from the average daily volume of 692,259 shares. The stock had previously closed at GBX 0.75 ($0.01).

Blackstone Loan Financing Stock Performance

The firm has a market cap of £3.29 million, a P/E ratio of 5.72 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. The firm has a fifty day moving average of GBX 0.73 and a 200-day moving average of GBX 0.70.

Blackstone Loan Financing Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 6th. Stockholders of record on Thursday, October 31st were given a dividend of €0.02 ($0.02) per share. This represents a dividend yield of 3.26%. The ex-dividend date of this dividend was Thursday, October 31st. Blackstone Loan Financing’s dividend payout ratio is 6,923.08%.

Blackstone Loan Financing Company Profile

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.