BlackRock Municipal Target Term Trust Inc (The) Stock Dividends Overview

BTT pays dividends monthly. Last paid amount was $0.0464 at Apr 01, 2024. As of today, dividend yield (TTM) is 2.93%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 2.93%
Frequency Monthly
1Y Growth -17.14%
Payout Ratio 0
Amount Per Share $0.0464
BlackRock Municipal Target Term Trust Inc (The) has not yet announced its next dividend date. Last payment date was: Apr 01, 2024.

BTT Dividend Payout History

To ensure a understanding of BTT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 01, 2024 Apr 12, 2024 May 01, 2024 $0.0464 0.226%
2 Mar 01, 2024 Mar 14, 2024 Apr 01, 2024 $0.0464 0.222%
3 Nov 17, 2023 Feb 14, 2024 Mar 01, 2024 $0.0464 0.221%
4 Nov 14, 2023 Jan 11, 2024 Feb 01, 2024 $0.0464 0.215%
5 Nov 14, 2023 Dec 14, 2023 Dec 29, 2023 $0.0464 0.223%
6 Nov 01, 2023 Nov 14, 2023 Dec 01, 2023 $0.0460 0.220%
7 Oct 02, 2023 Oct 13, 2023 Nov 01, 2023 $0.0460 0.233%
8 Sep 01, 2023 Sep 14, 2023 Oct 02, 2023 $0.0560 0.290%
9 Aug 01, 2023 Aug 14, 2023 Sep 01, 2023 $0.0560 0.275%
10 Jul 03, 2023 Jul 13, 2023 Jul 31, 2023 $0.0560 0.267%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (59.74%)

Growth potential

Stable (14.97%)

BTT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from BTT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in BTT stock here.

Comparing BTT to Sector and Country

BTT pays a solid dividend yield of 2.93%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). BTT’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.08%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of BTT's dividend payments?
The amount of BTT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in BTT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from BTT stock be automatically reinvested?
If BTT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy BTT stock.

How often does BTT pay dividend?
BlackRock Municipal Target Term Trust Inc (The) (BTT) pays dividends monthly. The most recent payout was on Apr 01, 2024.

How much does BTT pays per share?
The last recorder (Mar 14, 2024) dividend per share was $0.0464.

What is BTT dividend growth rate?
Over the last year, BlackRock Municipal Target Term Trust Inc (The) has witnessed growth rate of -17.14% . Looking back over the past 3 years, this growth rate has been -9.21%. Furthermore, examining the past 5 years, BlackRock Municipal Target Term Trust Inc (The) has maintained an average Dividends Per Share Growth Rate of -5.63%.
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About BlackRock Municipal Target Term Trust Inc (The)

Blackrock Municipal 2030 Target Term Trust is a closed end fixed income mutual fund launched by BlackRock, Inc. The fund is managed by by BlackRock Advisors, LLC. It invests in fixed income markets. The fund invests primarily in investment grade municipal bonds that are exempt from regular federal income tax. It was formerly known as BlackRock Municipal Target Term Trust. Blackrock Municipal 2030 Target Term Trust was formed on August 30, 2012 an... BTT Profile

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