Henrik Sorensen Blackstone Secured Lending (NYSE:BXSL) easily managed to cover its second quarter dividend pay-out with net investment income, and the business development company maintained high credit quality in its portfolio in 2Q24 as well. With a non-accrual ratio, based on fair value, of 0.3%, Blackstone Secured Lending has one of the most attractive credit profiles that I have seen in the business development company sector. Investors have to pay a premium of 10% for the BDC’s net asset value, bu ...