Most Recent Earnings $0.56 on 07/24/24 Next Earnings Date 10/23/24 Annual Dividend & Yield 2.48 (12.51%) Most Recent Dividend 0.620 on 06/28/24 Sectors: SIC-6798 Real Estate Investment Trusts REIT - Mortgage Trusts Indices S&P 600 Indices Russell 2000 Indices Russell 3000 Opt...
•BXMTwilllikelysignificantlycutitsdividendassoonasH22024becauseweextrapolatethat~70%-75%ofBXMT'sU.S.borrowersarepresentlyunabletocoverinterestexpensefrompropertycashflowsabsentinterestrateswaps.(U.S.borrowersare64%ofnetbookvalue.) oWeestimate~$16billionnotionalofitsborrowers'interestrateswapsexpireoverthenexty...