Blackrock Floating Rate Income Stock Dividends
FRA pays dividends monthly. Last paid amount was $0.124 at Apr 30, 2024. As of today, dividend yield (TTM) is 10.59%.
Dividend Yield Range
AI Analysis of FRA
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 10.59% |
|---|---|
| Frequency | Monthly |
| 1Y Growth | 10.57% |
| Payout Ratio | 0 |
| Amount Per Share | $0.124 |
| Next Ex-Dividend Date | May 14, 2024 |
| Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from FRA the purchase should be done within the next 4 days.
Here's a simple guide on how to buy FRA stock.
FRA Dividend Payout History
To ensure a understanding of FRA'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 | |
|---|---|---|---|---|---|
| 41 | Dec 22, 2020 | Dec 30, 2020 | Jan 11, 2021 | $0.0670 | 0.548% |
| 42 | Dec 04, 2020 | Dec 14, 2020 | Dec 21, 2020 | $0.0670 | 0.556% |
| 43 | Nov 02, 2020 | Nov 13, 2020 | Nov 30, 2020 | $0.0790 | 0.656% |
| 44 | Oct 01, 2020 | Oct 14, 2020 | Oct 30, 2020 | $0.0790 | 0.697% |
| 45 | Sep 01, 2020 | Sep 14, 2020 | Sep 30, 2020 | $0.0790 | 0.687% |
| 46 | Aug 03, 2020 | Aug 13, 2020 | Aug 31, 2020 | $0.0790 | 0.674% |
| 47 | Jul 01, 2020 | Jul 14, 2020 | Jul 31, 2020 | $0.0790 | 0.691% |
| 48 | Jun 01, 2020 | Jun 12, 2020 | Jun 30, 2020 | $0.0790 | 0.707% |
| 49 | May 01, 2020 | May 14, 2020 | May 29, 2020 | $0.0790 | 0.706% |
| 50 | Apr 01, 2020 | Apr 14, 2020 | Apr 30, 2020 | $0.0790 | 0.731% |
Dividend Sustainability
With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.
Sustainability score
Growth potential
FRA Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from FRA 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 FRA stock here.
Comparing FRA to Sector and Country
FRA pays a solid dividend yield of 10.59%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). FRA’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.
FRA Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Blackrock Floating Rate Income Strategies Fund Inc | 466.827M | $0.124 | 10.59% | 49.50% | |
| John Hancock Pfd Income Fund II | 373.413M | $0.124 | 9.65% | 2,090.57% | |
| Eaton Vance Tax-Advantage Global Dividend Opp | 407.408M | $0.173 | 7.31% | 46.93% |
