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Blackrock Municipal Income Quality Trust Stock Dividends Overview

BYM pays dividends monthly. Last paid amount was $0.0525 at May 01, 2024. As of today, dividend yield (TTM) is 4.82%.

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) 4.82%
Frequency Monthly
1Y Growth 38.16%
Payout Ratio 0
Amount Per Share $0.0525
Blackrock Municipal Income Quality Trust has not yet announced its next dividend date. Last payment date was: May 01, 2024.

BYM Dividend Payout History

To ensure a understanding of BYM'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 $0.0525 0.479%
2 Mar 01, 2024 Mar 14, 2024 Apr 01, 2024 $0.0525 0.453%
3 Nov 17, 2023 Feb 14, 2024 Mar 01, 2024 $0.0525 0.460%
4 Nov 14, 2023 Jan 11, 2024 Feb 01, 2024 $0.0525 0.457%
5 Nov 14, 2023 Dec 14, 2023 Dec 29, 2023 $0.0525 0.468%
6 Nov 01, 2023 Nov 14, 2023 Dec 01, 2023 $0.0380 0.346%
7 Oct 02, 2023 Oct 13, 2023 Nov 01, 2023 $0.0380 0.394%
8 Sep 01, 2023 Sep 14, 2023 Oct 02, 2023 $0.0380 0.383%
9 Aug 01, 2023 Aug 14, 2023 Sep 01, 2023 $0.0380 0.358%
10 Jul 03, 2023 Jul 13, 2023 Jul 31, 2023 $0.0380 0.338%

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 (63.33%)

Growth potential

Stable (7.72%)

BYM Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from BYM 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 BYM stock here.

Comparing BYM to Sector and Country

BYM pays a solid dividend yield of 4.82%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.84%). BYM’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.10%), which means that there are more attractive dividend stocks to consider.

BYM Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
ECC
Eagle Point Credit Company Inc 858.137M $0.160 16.00% 74.51%
BYM
Blackrock Municipal Income Quality Trust 289.677M $0.0525 4.82% 248.10%

FAQ

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

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

How often does BYM pay dividend?
Blackrock Municipal Income Quality Trust (BYM) pays dividends monthly. The most recent payout was on May 01, 2024.

How much does BYM pays per share?
The last recorder (Apr 12, 2024) dividend per share was $0.0525.

What is BYM dividend growth rate?
Over the last year, Blackrock Municipal Income Quality Trust has witnessed growth rate of 38.16% . Looking back over the past 3 years, this growth rate has been -3.27%. Furthermore, examining the past 5 years, Blackrock Municipal Income Quality Trust has maintained an average Dividends Per Share Growth Rate of 0.192%.
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About Blackrock Municipal Income Quality Trust

BlackRock Municipal Income Quality Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade municipal bonds exempt from federal income taxes, including the alternative minimum tax. BlackRock Municipal Income Quality Trust was formed on October 31, 2002 and is domiciled in the Uni... BYM Profile

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