Blackstone Mortgage Trust (BXMT) Lowers Quarterly Dividend 24.2% to $0.47; 9.6% Yield

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Go back to Blackstone Mortgage Trust (BXMT) Lowers Quarterly Dividend 24.2% to $0.47; 9.6% Yield

Blackstone Mortgage Trust Reports Second Quarter 2024 Results

July 24, 2024 7:00 AM EDT

NEW YORK--(BUSINESS WIRE)-- Blackstone Mortgage Trust, Inc. (NYSE: BXMT) today reported its second quarter 2024 results. The net loss attributable to Blackstone Mortgage Trust for the quarter was $61 million. Second quarter EPS, Distributable EPS, Distributable EPS prior to charge-offs, and dividends paid per basic share were ($0.35), $0.49, $0.56, and $0.62, respectively.

In addition, BXMT declared a dividend of $0.47 per share of class A common stock with respect to the third quarter of 2024. This dividend is payable on October 15, 2024, to stockholders of record as of September 30, 2024.

BXMT also announced that its Board of Directors has... More