Blackstone Joins $35B Anthropic Chip Deal, Hikes Dividend 11%
BX sits 22% above its 52-week low of $101.73.
Summary
Blackstone is deepening its AI bet, joining a $35 billion chip financing for Anthropic — a move that builds on its June commitment to a similarly sized AI infrastructure fund. The firm also raised its quarterly dividend 11% to $1.29 per share, signaling confidence in cash flows despite a 20% YTD stock decline. Eight analysts have cut EPS estimates in the past month, reflecting near-term headwinds, but the dividend hike and AI push suggest management sees long-term value. Separately, Blackstone led a $400 million private loan for an HVAC buyout, reinforcing its private credit leadership. The ex-dividend date is August 3, with payment on August 10.
At the time of this announcement, BX was trading at $124.50 on NYSE in the Finance sector, with a market capitalization of approximately $152.1B. The 52-week trading range was $101.73 to $190.09. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.