Is Blackstone Inc.'s (BX) Dividend Safe?

Blackstone Inc. dividend safety review using yield, payout ratio, FCF payout, dividend growth, EPS support, and TGMCharts chart exhibits as of July 10, 2026.

By TGMCharts Research · Data as of · Updated

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Blackstone Inc. has a supported dividend setup only if earnings and cash flow continue to cover the payment. The current yield is 3.77%, with payout ratio at 119.59% and free-cash-flow payout ratio at 108.03%.

Dividend history matters, but the engine treats coverage as the decisive evidence. Consecutive increases stand at 2 years, while five-year dividend CAGR is 19.68% against five-year EPS CAGR of 20.94%.

Blackstone Inc. yields 3.77% and pays $4.64 per share.
The payout ratio is 119.59% and the free-cash-flow payout ratio is 108.03%.
Consecutive dividend increases stand at 2 years.
Five-year dividend CAGR is 19.68% versus five-year EPS CAGR of 20.94%.
Net margin is 20.38% and trailing P/E is 31.48x.

Dividend snapshot

The current payout, cash-flow coverage, and growth facts behind the dividend read.

Dividend yield
3.77%
Dividend per share
$4.64
Payout ratio
119.59%
FCF payout ratio
108.03%
Dividend streak
2 years
5Y EPS CAGR
20.94%

The Read

Blackstone Inc. starts the dividend safety check with a 3.77% yield, a dividend of $4.64 per share, and 2 years of consecutive increases. That history matters, but it does not settle the safety question by itself. The safety read depends on whether earnings, free cash flow, and dividend growth still support the payment.

The current payout ratio is 119.59% and the free-cash-flow payout ratio is 108.03%. Reading those together matters because a dividend is safest when accounting earnings and cash generation point in the same direction. When they diverge, the cash-flow exhibit deserves more weight than the streak.

dividend yield

BX dividend yield Chart

3.88%

Dividend yield is the market-facing income exhibit and the first check for whether the current payout looks unusually attractive or stressed.

+0.8pp over 5Y

Latest dividend yield: 3.77%.

A yield of 3.77% is only useful when paired with payout support. A high yield can be a real income opportunity, but it can also reflect price pressure if earnings and free cash flow are not keeping up.

Dividend evidence table

Dividend safety depends on yield, payment growth, earnings coverage, and cash-flow coverage together.

Income

Current fact
3.77%
Support signal
$4.64

Coverage

Current fact
119.59%
Support signal
108.03%

Growth support

Current fact
19.68%
Support signal
20.94%

Income Context And Payment Record

The yield chart shows what the market is offering today, while the dividend-per-share chart shows what the company has actually paid. Blackstone Inc. has a five-year dividend CAGR of 19.68%, which is useful only if it remains aligned with the business. A payout can grow for a while from policy choice, but it eventually needs earnings and cash flow to carry it.

dividend per share

BX dividend per share Chart

$1.16

Dividend per share shows the actual payment record behind the headline yield.

+65.71% over 5Y

Latest dividend per share: $4.64.

The current dividend of $4.64 sits beside a record of 2 years of consecutive increases. That history earns attention, but it still has to be supported by current earnings and cash flow.

BX Price Chart

BX$123.09 -22.44%(6mo)End-of-day · Jul 10, 2026Advanced chart →

Latest close: $123 as of July 10, 2026.

A dividend yield of 3.77% should be read beside the price path. If the yield is rising because price is falling while payout ratios are already high, the dividend note should become more cautious rather than more enthusiastic.

Coverage Evidence Across The Payout

The primary exhibit is dividend yield because it captures the first question an income investor asks. The supporting exhibits then move from payment history to price pressure, EPS support, free cash flow, dividend growth, and margin quality. The safest reading comes when the yield, payment path, EPS line, cash-flow line, and margin record all point in a consistent direction.

free cash flow

BX free cash flow

$957.64M

Free cash flow is the cash-coverage exhibit behind the accounting payout ratio.

≈47x over 10Y

Latest free-cash-flow payout ratio: 108.03%.

The free-cash-flow payout ratio is 108.03%, so the cash-flow chart matters as much as the earnings chart. A dividend can look acceptable on EPS while still becoming fragile if cash generation falls behind the payment.

Earnings And Free Cash Flow Support

Dividend growth should not outrun the business for long. Blackstone Inc. shows a five-year dividend CAGR of 19.68% against a five-year EPS CAGR of 20.94%, with net margin at 20.38%. If dividend growth is ahead of EPS growth, the payout and free-cash-flow exhibits become the decisive part of the note.

EPS

BX EPS

$0.83

EPS history checks whether the earnings base is growing with the dividend.

+167.74% over 10Y

Five-year EPS CAGR: 20.94%. This is endpoint-to-endpoint from the fiscal years shown — a depressed or negative start year can inflate it, so read it against the recent bars.

Five-year EPS CAGR of 20.94% is the earnings test for dividend growth. If dividend growth keeps running ahead of EPS, the engine should treat the article as needing a more cautious refresh.

dividend growth

BX dividend growth Chart

$1.16

Dividend growth shows whether the payment has been compounding at a pace the business can sustain.

+65.71% over 5Y

Five-year dividend CAGR: 19.68%.

A five-year dividend CAGR of 19.68% needs to be compared with the five-year EPS CAGR of 20.94%. The dividend story is healthier when those two lines are moving in the same broad direction.

net margin

BX net margin

15.84%

Net margin helps distinguish a stable payout from one that depends on thin profitability.

-0.4pp over 10Y

Net margin (TTM): 20.38%. The bars below are annual fiscal years.

Net margin of 20.38% gives the dividend note a business-quality check. Strong margins do not guarantee safety, but weak or declining margins can reduce the cushion behind future increases.

Counterpoints And Risks

The main counterpoint is that a long dividend history can hide a narrowing cushion. A payout ratio of 119.59% and a free-cash-flow payout ratio of 108.03% should be watched together. If cash flow weakens, the dividend may look safer in the headline record than it is in the operating data.

Bull and bear case

Dividend support

  • The dividend record is backed by 2 years of consecutive increases.
  • The current yield of 3.77% is supported best when EPS and free cash flow remain aligned.

Dividend pressure

  • The payout ratio at 119.59% leaves less room if earnings weaken.
  • The free-cash-flow payout ratio of 108.03% is the cash check that can change the view quickly.

What Could Change The View

The dividend read should change if payout ratios move materially higher, if EPS growth falls behind dividend growth, or if the stored dividend record stops supporting the current payment. The nightly refresh should mark the article stale before those changes drift into the published page.

Methodology And Caveat

Every figure here is checked against the company's reported data, and the note is re-checked after each daily market-data update. It is not a buy or sell call: dividend safety can change quickly if earnings, cash flow, or management policy changes.

FAQ

Is BX's dividend safe?

Blackstone Inc. yields 3.77% with a payout ratio of 119.59% and a free-cash-flow payout ratio of 108.03%. Those figures need to stay supported by EPS and cash flow for the dividend case to remain intact.

What supports BX's dividend?

The support comes from the dividend record, payout ratios, EPS growth, and the reported dividend growth path. Consecutive increases stand at 2 years.

What would make BX's dividend less safe?

A weaker safety read would come from a higher payout ratio, a higher free-cash-flow payout ratio, or dividend growth running ahead of five-year EPS CAGR of 20.94%.

What would change our mind

  • Payout ratio moving materially above the current 119.59%.
  • Free-cash-flow payout ratio deteriorating from 108.03%.
  • Dividend growth running ahead of five-year EPS CAGR, currently 20.94%.

The bottom line

Blackstone Inc. dividend safety research note from TGMCharts Research, grounded in precomputed fundamentals, chart exhibits, and a frozen claim ledger.

Read next: BX fundamentalsContinue with Blackstone Inc.'s full stock page.
How we checked this researchShow

Data snapshot · By TGMCharts Research.

Every number in this note comes from data we compute and store ourselves from the company's reported figures, plus verbatim excerpts from its SEC filings. When a value isn't available we say so — we never fill gaps with estimates.

Latest filing excerpt

10-Q · filed 2026-05-08 · period 2026-03-31 · SEC EDGAR source

  • The price of West Texas Intermediate crude oil increased 76.6% to $101.38.
  • The energy sector, however, increased 38.2% amid expectations of tightening supply.
  • High yield spreads widened 51 basis points in the first quarter while year-to-date issuance increased 9% year-over-year.
  • Treasury yield increased 15 basis points in the first quarter to 4.32%.

Every number, checked

Every numeric or dated claim in this note was checked against our stored company data before publishing — each figure below links to the page it comes from.

Full methodology