BlackRock Floating Rate Income Trust Dividend
Dividend criteria checks 4/6
BlackRock Floating Rate Income Trust is a dividend paying company with a current yield of 11.25% that is well covered by earnings.
Key information
11.2%
Dividend yield
73%
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$1.75 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
BGT: A Very Good Floater CEF That Should Perform Well For Longer Than Market Thinks
Feb 22BGT: The Glory Days For Floaters May Be Ending
Dec 02BGT: A Golden Standard Leveraged Loan CEF, 11.7% Yield
Oct 21BGT: A Year Later, The Buy Case For Floaters Persists
Aug 17BGT: Amortizing 'Return Of Principal' Loan Fund
Jul 10BlackRock Floating Rate Income Trust declares $0.0781 dividend
Feb 13BlackRock Floating Rate Income Trust declares $0.0781 dividend
Jan 06FRA And BGT: Distribution Boosts And Wide Discounts
Oct 28BlackRock Floating Rate Income Trust raises monthly dividend by 20.7% to $0.0781 share
Oct 06BlackRock Floating Rate Income Trust declares $0.0647 dividend
Sep 02BGT: Floating Rate Debt Continues To Serve As A Hedge Against Rising Rates
Aug 08BlackRock Floating Rate Income Trust declares $0.0647 dividend
Aug 02BlackRock Floating Rate Income Trust declares $0.0647 dividend
Jul 05BGT: Value Re-Appears In This Floating Rate CEF
Apr 28BGT: Near-Term Outlook More Modest Now
Dec 15BGT: I See Merit To Buying Floaters
Aug 27BlackRock Floating Rate Income Trust declares $0.0647 dividend
May 07BlackRock Floating Rate Income Trust declares $0.0647 dividend
Dec 21BlackRock Floating Rate Income Trust declares $0.0764 dividend
Nov 03Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BGT's dividend payments have been volatile in the past 10 years.
Growing Dividend: BGT's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| BlackRock Floating Rate Income Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BGT) | 11.2% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Capital Markets) | 2.4% |
| Analyst forecast in 3 Years (BGT) | n/a |
Notable Dividend: BGT's dividend (11.25%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: BGT's dividend (11.25%) is in the top 25% of dividend payers in the US market (4.82%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.2%), BGT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (156.5%), BGT's dividend payments are not well covered by cash flows.