BlackRock Credit Allocation Income Trust Stock Dividends
BTZ pays dividends monthly. Last paid amount was $0.0839 at Apr 30, 2024. As of today, dividend yield (TTM) is 9.88%.
Dividend Yield Range
AI Analysis of BTZ
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 9.88% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | -0.119% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0839 |
| Next Ex-Dividend Date | May 14, 2024 |
| Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from BTZ the purchase should be done within the next 4 days.
Here's a simple guide on how to buy BTZ stock.
BTZ Dividend Payout History
To ensure a understanding of BTZ'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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | May 14, 2024 | May 14, 2024 | May 31, 2024 | $0.0839 | 0.80% |
| 2 | Apr 01, 2024 | Apr 12, 2024 | Apr 30, 2024 | $0.0839 | 0.83% |
| 3 | Mar 01, 2024 | Mar 14, 2024 | Mar 28, 2024 | $0.0839 | 0.785% |
| 4 | Feb 01, 2024 | Feb 14, 2024 | Feb 29, 2024 | $0.0839 | 0.783% |
| 5 | Jan 02, 2024 | Jan 11, 2024 | Jan 31, 2024 | $0.0839 | 0.767% |
| 6 | Dec 05, 2023 | Dec 14, 2023 | Dec 20, 2023 | $0.0839 | 0.82% |
| 7 | Nov 01, 2023 | Nov 14, 2023 | Nov 30, 2023 | $0.0840 | 0.84% |
| 8 | Oct 02, 2023 | Oct 13, 2023 | Oct 31, 2023 | $0.0840 | 0.91% |
| 9 | Sep 01, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.0840 | 0.87% |
| 10 | Aug 01, 2023 | Aug 14, 2023 | Aug 31, 2023 | $0.0840 | 0.83% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
BTZ Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from BTZ 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 BTZ stock here.
Comparing BTZ to Sector and Country
BTZ pays a solid dividend yield of 9.88%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). BTZ’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.05%), which means that there are more attractive dividend stocks to consider.
BTZ Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| BlackRock Credit Allocation Income Trust | 977.79M | $0.0839 | 9.88% | 47.48% | |
| BalckRock Taxable Municipal Bond Trust | 934.081M | $0.0929 | 7.00% | 60.25% |
