BXSL Deep Dive: Watching Closely!

Blackstone Secured Lending Fund ( BXSL 0.00%↑ ) remains a ‘Level 3’ dividend coverage BDC, implying a likely dividend reduction in 2026. The following table shows the current annual regular dividends divided by NAV per share. This analysis shows that BXSL has among the highest payout ratios (at 11.7%), compared to other externally managed BDCs, especially given t…