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0.000259672812256505 -0.00025967281225669 0.00311607374707861 0.00441443780836132 0.00701116593092693 0.00233705531030891 0.00623214749415723 0.00960789405349253
Stock impact report

Blackstone Mortgage Trust's Dividend Yield Nears Double Digits As Impairments Dip [Seeking Alpha]

Blackstone Mortgage Trust, Inc. (BXMT) 
Last blackstone mortgage trust, inc. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
BXMT's portfolio is 99% performing, with impaired loans down 96% from its peak on the back of a pivot toward multifamily and industrial assets. Distributable earnings cover the dividend by 108.5%, and BXMT trades at a 6% discount to book value, reflecting progress on credit quality. The 554 basis point yield spread over the US 10-year Treasury, combined with improving metrics, underpins the bullish thesis. Sundry Photography/iStock via Getty Images Blackstone Mortgage Trust ( BXMT ) is paying out a well-covered near double-digit dividend yield from an aggressively diversified global commercial real estate credit portfolio that is seeing both revenue and distributable earnings strength. BXMT is huge, with This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinio Show less Read more
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