Blackstone (BX) reported lower profit as rates, inflation and a choppy market slowed dealmaking and investment exits, yet its shares rose 4.04% in early trading. The article ranks three fee-based dividend payers: Franklin Templeton (BEN) first for dividend safety after raising its dividend every year since 2020, Invesco (IVZ) second, and Blackstone last despite the highest yield at 4.88%. Blackstone has no fixed dividend and pays about 85% of distributable earnings each quarter, with recent payments of $1.49, $1.16 and $1.29, so a future payment could be smaller. Its assets under management reached a record $1.35 trillion, up 11% year over year.
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