On Wednesday, shares of Blackstone Mortgage Trust Inc (Symbol: BXMT) were observed trading at $18.59, offering a yield exceeding 10% based on its quarterly dividend of $1.88 annualized. This positions BXMT favorably among dividend-paying stocks, particularly as current dividend yields are often a significant factor in total stock market returns.
Blackstone Mortgage Trust is included in the Russell 3000, making it one of the top 3,000 companies in the U.S. stock market. Investors are advised to scrutinize BXMT’s dividend history to gauge the sustainability of its current yield.
