Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
March 15 2024 - 4:16PM
Business Wire
Blackstone Mortgage Trust, Inc. (NYSE: BXMT) declared a dividend
of $0.62 per share of class A common stock with respect to the
first quarter of 2024. This dividend is payable on April 15, 2024
to stockholders of record as of the close of business on March 28,
2024.
About Blackstone Mortgage Trust Blackstone Mortgage Trust
(NYSE: BXMT) is a real estate finance company that originates
senior loans collateralized by commercial real estate in North
America, Europe, and Australia. Our investment objective is to
preserve and protect shareholder capital while producing attractive
risk-adjusted returns primarily through dividends generated from
current income from our loan portfolio. Our portfolio is composed
primarily of loans secured by high-quality, institutional assets in
major markets, sponsored by experienced, well-capitalized real
estate investment owners and operators. These senior loans are
capitalized by accessing a variety of financing options, depending
on our view of the most prudent strategy available for each of our
investments. We are externally managed by BXMT Advisors L.L.C., a
subsidiary of Blackstone. Further information is available at
www.bxmt.com.
About Blackstone Blackstone is the world’s largest
alternative asset manager. We seek to deliver compelling returns
for institutional and individual investors by strengthening the
companies in which we invest. Our more than $1 trillion in assets
under management include global investment strategies focused on
real estate, private equity, infrastructure, life sciences, growth
equity, credit, real assets, secondaries and hedge funds. Further
information is available at www.blackstone.com. Follow @blackstone
on LinkedIn, X (Twitter), and Instagram.
Forward-Looking Statements This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which reflect BXMT’s
current views with respect to, among other things, its operations
and financial performance, its business plans and the impact of the
current macroeconomic environment, including interest rate changes.
You can identify these forward-looking statements by the use of
words such as “outlook,” “objective,” “indicator,” “believes,”
“expects,” “potential,” “continues,” “may,” “will,” “should,”
“seeks,” “predicts,” “intends,” “plans,” “estimates,” “anticipates”
or the negative version of these words or other comparable words.
Such forward-looking statements are subject to various risks and
uncertainties. Accordingly, there are or will be important factors
that could cause actual outcomes or results to differ materially
from those indicated in these statements. BXMT believes these
factors include but are not limited to those described under the
section entitled “Risk Factors” in its Annual Report on Form 10-K
for the fiscal year ended December 31, 2023, as such factors may be
updated from time to time in its periodic filings with the
Securities and Exchange Commission (“SEC”) which are accessible on
the SEC’s website at www.sec.gov. These factors should not be
construed as exhaustive and should be read in conjunction with the
other cautionary statements that are included in this release and
in the filings. BXMT assumes no obligation to update or supplement
forward-looking statements that become untrue because of subsequent
events or circumstances.
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