HomeCompareBXSL vs SHLX

BXSL vs SHLX: Dividend Comparison 2026

BXSL yields 12.95% · SHLX yields 60.75%● Live data

vsPost on X →
After 10 years · $10,000 invested · DRIP enabled
🏆 BXSL wins by $693438.03M in total portfolio value· pulled ahead in Year 2
10 years
BXSL
BXSL
● Live price
12.95%
Share price
$23.79
Annual div
$3.08
5Y div CAGR
94.4%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$693438.07M
Annual income
$680,033,607,476.38
Full BXSL calculator →
SHLX
SHLX
● Live price
60.75%
Share price
$15.82
Annual div
$9.61
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$32.1K
Annual income
$9.66
Full SHLX calculator →

Portfolio growth — BXSL vs SHLX

📍 BXSL pulled ahead of the other in Year 2

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodBXSLSHLX
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
📅

Dividend Calendar Overlap

Combined, BXSL + SHLX cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
BXSL pays
SHLX pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

BXSL
Annual income on $10K today (after 15% tax)
$1,100.46/yr
After 10yr DRIP, annual income (after tax)
$578,028,566,354.92/yr
SHLX
Annual income on $10K today (after 15% tax)
$5,163.96/yr
After 10yr DRIP, annual income (after tax)
$8.21/yr
At 15% tax rate, BXSL beats the other by $578,028,566,346.71/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

What's the optimal mix of BXSL + SHLX for your $10,000?

BXSL: 50%SHLX: 50%
100% SHLX50/50100% BXSL
Portfolio after 10yr
$346719.05M
Annual income
$340,016,803,743.02/yr
Blended yield
98.07%
📊

Analyst Conviction Gap

Where Wall Street is most bullish on BXSL right now

BXSL
Analyst Ratings
9
Buy
2
Hold
1
Sell
Consensus: Buy
Price Target
$26.00
+9.3% upside vs current
Range: $24.00 — $28.00
Altman Z
0.6
Piotroski
3/9
SHLX
Analyst Ratings
4
Buy
7
Hold
4
Sell
Consensus: Hold
Price Target
$16.00
+1.1% upside vs current
Range: $16.00 — $16.00
Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

BXSL buys
0
SHLX buys
0
No recent congressional trades found for BXSL or SHLX in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricBXSLSHLX
Forward yield12.95%60.75%
Annual dividend / share$3.08$9.61
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR94.4%-50%
Portfolio after 10y$693438.07M$32.1K
Annual income after 10y$680,033,607,476.38$9.66
Total dividends collected$692530.98M$7.3K
Payment frequencyquarterlyquarterly
SectorBDCStock
Analyst consensusBuyHold
Analyst price target$26.00$16.00

Year-by-year: BXSL vs SHLX ($10,000, DRIP)

YearBXSL PortfolioBXSL Income/yrSHLX PortfolioSHLX Income/yrGap
1$13,217$2,516.82$13,738$3,037.63$521.00SHLX
2← crossover$20,186$6,043.55$16,649$1,949.99+$3.5KBXSL
3$38,368$16,769.42$18,919$1,104.34+$19.4KBXSL
4$98,964$57,910.68$20,830$586.40+$78.1KBXSL
5$377,274$271,382.26$22,590$301.69+$354.7KBXSL
6$2,283,312$1,879,628.45$24,324$152.89+$2.26MBXSL
7$23,110,868$20,667,724.06$26,103$76.93+$23.08MBXSL
8$404,792,131$380,063,502.87$27,969$38.58+$404.76MBXSL
9$12,527,531,257$12,094,403,676.51$29,946$19.32+$12527.50MBXSL
10$693,438,065,921$680,033,607,476.38$32,052$9.66+$693438.03MBXSL

BXSL vs SHLX: Complete Analysis 2026

BXSLBDC

Blackstone Secured Lending Fund is business development company and a Delaware statutory trust formed on March 26, 2018, and structured as an externally managed, non-diversified closed-end investment Fund. On October 26, 2018, the fund elected to be regulated as a business development company (BDC) under the Investment Company Act of 1940, as amended (the 1940 Act). In addition, the Fund elected to be treated for U.S. federal income tax purposes, as a regulated investment company (RIC), as defined under Subchapter M of the Internal Revenue Code of 1986, as amended (the Code). The fund also intends to continue to comply with the requirements prescribed by the Code in order to maintain tax treatment as a RIC. The fund's investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The Fund seeks to achieve its investment objective primarily through originated loans, equity and other securities, including syndicated loans, of private U.S. companies, specifically small and middle market companies, typically in the form of first lien senior secured and unitranche loans (including first out/last out loans), and to a lesser extent, second lien, third lien, unsecured and subordinated loans and other debt and equity securities.

Full BXSL Calculator →

SHLXStock

Shell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream, and logistics assets in the United States. It owns interests in crude oil and refined products pipelines and terminals to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets. The company stores and transports crude oil, refined, natural gas, and refinery gas products for various customers, including producers, refiners, marketers, and traders, as well as to other crude oil and refined products pipelines through its pipelines and storage tanks. Shell Midstream Partners GP LLC serves as the general partner of Shell Midstream Partners, L.P. The company was incorporated in 2014 and is headquartered in Houston, Texas. Shell Midstream Partners, L.P. is a subsidiary of Shell Pipeline Company LP.

Full SHLX Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.