Blackstone Mortgage: 0.8X Book Value, 12% Yield, 130% Dividend Coverage
BXBlackstone(BX) Seeking Alpha·2024-01-25 02:07

Kostrikina Myroslava Dividend investors with a desire to earn a stable 12% yield on their invested capital and potentially benefit from appreciation as well may want to consider mortgage REIT Blackstone Mortgage Trust (NYSE:BXMT). The mortgage REIT owns a sizable portfolio of real estate-related loans, most of which are performing well. Additionally, Blackstone Mortgage provides dividend investors with a $0.62 per share quarterly dividend that is and has been, well-supported by the REIT’s earnings available ...