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With an annual dividend yield of 4.14%, Blackstone Inc. (NYSE:BX) is included among the 12 Best S&P 500 Stocks to Buy for Dividends.
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Blackstone Inc. (NYSE:BX) is the world's largest alternative **** et manager, with more than $1.3 trillion in AUM. The company serves institutional and individual investors by building strong businesses that deliver lasting value.
On June 16, Blackstone Inc. (NYSE:BX) announced the launch of SablePointe Credit Strategies, a new platform to support origination, underwriting, and portfolio management in **** et-based lending. The strategic move reflects the company's ambitions to push its way into the lending business, where banks traditionally dominate.
The Georgia-based SablePointe will initially support Blackstone Credit & Insurance (BXCI) **** et-based and first-out direct lending credit strategies, with plans to expand into additional specialty **** et classes down the line. The platform bolsters BXCI's scale, capital resources, and global reach by contributing deep industry knowledge and specialized structuring capabilities.
3 months ago

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