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HYT (BlackRockorate High Yield Fund) 5-Year Dividend Growth Rate : 2.10% (As of Jun. 2024)


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What is BlackRockorate High Yield Fund 5-Year Dividend Growth Rate?

BlackRockorate High Yield Fund's Dividends per Share for the six months ended in Jun. 2024 was $0.47.

During the past 5 years, the average Dividends Per Share Growth Rate was 2.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of BlackRockorate High Yield Fund was 3.60% per year. The lowest was 2.70% per year. And the median was 3.40% per year.

BlackRockorate High Yield Fund's Dividend Payout Ratio for the six months ended in Jun. 2024 was 1.37. As of today, BlackRockorate High Yield Fund's Dividend Yield % is 9.40%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BlackRock Corporate High Yield Fund Inc is 0.81, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of BlackRockorate High Yield Fund's 5-Year Dividend Growth Rate

For the Asset Management subindustry, BlackRockorate High Yield Fund's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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.


BlackRockorate High Yield Fund's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRockorate High Yield Fund's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where BlackRockorate High Yield Fund's 5-Year Dividend Growth Rate falls into.



BlackRockorate High Yield Fund 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


BlackRockorate High Yield Fund  (NYSE:HYT) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

BlackRockorate High Yield Fund's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=0.467/ 0.34
=1.37

During the past 7 years, the highest Dividend Payout Ratio of BlackRockorate High Yield Fund was 1.63. The lowest was 0.64. And the median was 0.96.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BlackRock Corporate High Yield Fund Inc is 0.81, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

BlackRockorate High Yield Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0779002024-11-152024-11-152024-11-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002024-10-152024-10-152024-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002024-09-162024-09-162024-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002024-08-152024-08-152024-08-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002024-07-152024-07-152024-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002024-06-142024-06-142024-06-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002024-05-142024-05-152024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002024-01-112024-01-122024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0779002023-12-142023-12-152023-12-20Cash DividendmonthlyUSD: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.

BlackRockorate High Yield Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.9348/9.94
=9.40 %

Current Share Price is $9.94.
BlackRockorate High Yield Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.9348.

During the past 7 years, the highest Dividend Yield of BlackRockorate High Yield Fund was 11.68%. The lowest was 7.37%. And the median was 8.33%.

* 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.


BlackRockorate High Yield Fund 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of BlackRockorate High Yield Fund's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRockorate High Yield Fund Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Corporate High Yield Fund Inc is a diversified, closed-end management investment company. Its investment objective is to provide shareholders with current income and capital appreciation. The trust's secondary investment objective is to provide shareholders with capital appreciation. It seeks to achieve its objectives by investing in a diversified portfolio of fixed-income securities.
Executives
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
David Delbos other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
James Keenan other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536