BlackRock California Municipal Income Trust Dividend
Dividend criteria checks 2/6
BlackRock California Municipal Income Trust is a dividend paying company with a current yield of 4.47%.
Key information
4.5%
Dividend yield
189%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.26 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
BlackRock California Municipal Income Trust raises dividend by 14.7%
Feb 03BlackRock California Municipal Income Trust declares $0.034 dividend
Jan 06BlackRock California Municipal Income Trust declares $0.034 dividend
Dec 12BlackRock California Municipal Income Trust declares $0.034 dividend
Nov 07BlackRock California Municipal Income Trust declines dividend by 20.9% to $0.034
Oct 06BlackRock California Municipal Income Trust declares $0.043 dividend
Aug 02BlackRock California Municipal Income Trust declares $0.043 dividend
May 07BlackRock California Municipal Income Trust declares $0.038 dividend
Feb 04BlackRock California Municipal Income Trust declares $0.038 dividend
Jan 05BlackRock California Municipal Income Trust declares $0.038 dividend
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BFZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: BFZ's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| BlackRock California Municipal Income Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BFZ) | 4.5% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.9% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (BFZ) | n/a |
Notable Dividend: BFZ's dividend (4.47%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: BFZ's dividend (4.47%) is low compared to the top 25% of dividend payers in the US market (4.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (189.2%), BFZ's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.8%), BFZ's dividend payments are covered by cash flows.