Blackstone Mortgage Trust Maintains Dividend Amid Hotel-Loan Charge Impact
Blackstone Mortgage Trust (BXMT) maintained its dividend at $0.47 per share for Q2 2026 despite a one-time charge from resolving an impaired hotel loan in San Francisco, which led to realized losses of $46 million. The company's distributable earnings prior to gains and losses covered the payout, indicating stable underlying performance.
Tickers: $BXMT
Topics: dividends earnings real estate finance REITs