12.7% Yield And Deep NAV Discount: Examining Blackstone Secured Lending's Dividend Sustainability

Blackstone Secured Lending offers a high 12.7% yield backed by a conservative portfolio and Blackstone's proven credit expertise. BXSL also trades at a substantial discount to NAV. However, the recent jump in non-accruals and looming AI disruption risk are putting a fresh spotlight on the sustainability of the dividend.