What is Blackrock Municipalome Trust II Dividend Yield %?
As of today (2024-04-24), the Trailing Annual Dividend Yield of Blackrock Municipalome Trust II is 4.76%.
The historical rank and industry rank for Blackrock Municipalome Trust II's Dividend Yield % or its related term are showing as below:
BLE'
s Dividend Yield % Range Over the Past 10 Years
Min: 4.03 Med: 5.89 Max: 8.08
Current: 4.76
During the past 13 years, the highest Dividend Yield of Blackrock Municipalome Trust II was 8.08%. The lowest was 4.03%. And the median was 5.89%.
BLE's Dividend Yield % is ranked worse than 58.44% of 1215
companies
in the Asset Management industry
Industry Median: 5.66
vs BLE: 4.76
Blackrock Municipalome Trust II's Dividend Payout Ratio for the
six
months ended in Jan. 2024 was 0.74.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Blackrock Municipal Income Trust II is 1.32, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Blackrock Municipalome Trust II was 3.93. The lowest was 0.31. And the median was 0.60.
As of today (2024-04-24), the Forward Dividend Yield % of Blackrock Municipalome Trust II is 5.95%.
Blackrock Municipalome Trust II's Dividends per Share for the
six
months ended in Jan. 2024 was $0.26.
During the past 12 months, Blackrock Municipalome Trust II's average Dividends Per Share Growth Rate was -24.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -13.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -7.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -6.80% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Blackrock Municipalome Trust II was 2.70% per year. The lowest was -13.50% per year. And the median was -3.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Blackrock Municipalome Trust II Dividend Yield % Historical Data
The historical data trend for Blackrock Municipalome Trust II's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Blackrock Municipalome Trust II Dividend Yield % Chart
Competitive Comparison of Blackrock Municipalome Trust II's Dividend Yield %
For the Asset Management subindustry, Blackrock Municipalome Trust II's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Blackrock Municipalome Trust II's Dividend Yield % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackrock Municipalome Trust II's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Blackrock Municipalome Trust II's Dividend Yield % falls into.
Blackrock Municipalome Trust II Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Blackrock Municipalome Trust II Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.052
2024-04-12
2024-04-15
2024-05-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.052
2024-03-14
2024-03-15
2024-04-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.052
2024-02-14
2024-02-15
2024-03-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.052
2024-01-11
2024-01-12
2024-02-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.052
2023-12-14
2023-12-15
2023-12-29
Cash Dividend
monthly
USD:USD 1.000000
USD 0.034
2023-11-14
2023-11-15
2023-12-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.034
2023-10-13
2023-10-16
2023-11-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.034
2023-09-14
2023-09-15
2023-10-02
Cash Dividend
monthly
USD:USD 1.000000
USD 0.034
2023-08-14
2023-08-15
2023-09-01
Cash Dividend
monthly
USD:USD 1.000000
USD 0.034
2023-07-13
2023-07-14
2023-07-31
Cash Dividend
monthly
USD:USD 1.000000
USD 0.034
2023-06-14
2023-06-15
2023-07-03
Cash Dividend
monthly
USD:USD 1.000000
USD 0.034
2023-05-12
2023-05-15
2023-06-01
Cash Dividend
monthly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Blackrock Municipalome Trust II's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.498
/
10.48
=
4.75 %
Current Share Price is $10.48.
Blackrock Municipalome Trust II's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.498.
Blackrock Municipalome Trust II's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.624
/
10.48
=
5.95 %
Current Share Price is $10.48.
Blackrock Municipalome Trust II's Dividends per Share for the forward twelve months is calculated as $0.052 * 12 = $0.624.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Blackrock Municipalome Trust II (NYSE:BLE) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Blackrock Municipalome Trust II Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Blackrock Municipalome Trust II's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Business Description
Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide current income exempt from regular Federal income taxes and Maryland personal income taxes. The company's diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables it to tailor investment outcomes and asset allocation solutions for clients. Blackrock's product offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments.
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