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BlackRock Credit Allocation Income Trust Stock Dividends Overview

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

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) 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

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.


# Declaration Date Ex-Date Pay Date Amount Yield
91 Nov 02, 2016 Nov 10, 2016 Nov 30, 2016 $0.0710 0.573%
92 Oct 04, 2016 Oct 12, 2016 Oct 31, 2016 $0.0710 0.552%
93 Sep 02, 2016 Sep 13, 2016 Sep 30, 2016 $0.0760 0.569%
94 Aug 02, 2016 Aug 11, 2016 Aug 31, 2016 $0.0760 0.556%
95 Jul 05, 2016 Jul 13, 2016 Jul 29, 2016 $0.0760 0.573%
96 Jun 02, 2016 Jun 13, 2016 Jun 30, 2016 $0.0760 0.584%
97 May 03, 2016 May 12, 2016 May 31, 2016 $0.0760 0.595%
98 Apr 04, 2016 Apr 13, 2016 Apr 29, 2016 $0.0760 0.600%
99 Mar 02, 2016 Mar 11, 2016 Mar 31, 2016 $0.0760 0.607%
100 Feb 02, 2016 Feb 11, 2016 Feb 29, 2016 $0.0810 0.681%

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

Good (70.10%)

Growth potential

Decrease likely (23.21%)

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 (1.82%). 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 (10.93%), which means that there are more attractive dividend stocks to consider.

BTZ Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
BTZ
BlackRock Credit Allocation Income Trust 976.856M $0.0839 9.88% 47.48%
BBN
BalckRock Taxable Municipal Bond Trust 939.405M $0.0929 6.98% 60.25%

FAQ

What factors can affect the amount of BTZ's dividend payments?
The amount of BTZ'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 BTZ sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from BTZ stock be automatically reinvested?
If BTZ 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 BTZ stock.

How often does BTZ pay dividend?
BlackRock Credit Allocation Income Trust (BTZ) pays dividends monthly. The most recent payout was on Apr 30, 2024. The upcoming dividend Ex Date is May 14, 2024, with an amount of $0.0839.

How much does BTZ pays per share?
The last recorder (Apr 12, 2024) dividend per share was $0.0839.

What is BTZ dividend growth rate?
Over the last year, BlackRock Credit Allocation Income Trust has witnessed growth rate of -0.119% . Looking back over the past 3 years, this growth rate has been -0.0397%. Furthermore, examining the past 5 years, BlackRock Credit Allocation Income Trust has maintained an average Dividends Per Share Growth Rate of 4.60%.
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About BlackRock Credit Allocation Income Trust

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation. It invests in investment grade corporate... BTZ Profile

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