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Blackrock Floating Rate Stra Fd (Blackrock Floating Rate Stra Fd) 5-Year Dividend Growth Rate : 9.20% (As of Dec. 2023)


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What is Blackrock Floating Rate Stra Fd 5-Year Dividend Growth Rate?

Blackrock Floating Rate Stra Fd's Dividends per Share for the six months ended in Dec. 2023 was $0.72.

During the past 12 months, Blackrock Floating Rate Stra Fd's average Dividends Per Share Growth Rate was 59.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.20% 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 Blackrock Floating Rate Stra Fd was 14.00% per year. The lowest was 1.90% per year. And the median was 5.25% per year.

Blackrock Floating Rate Stra Fd's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.86. As of today, Blackrock Floating Rate Stra Fd's Dividend Yield % is 10.97%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Blackrock Floating Rate Inc Stra Fd Inc is 0.77, which seems too high.

Good Sign:

Blackrock Floating Rate Inc Stra Fd Inc stock dividend yield is close to 10-year high.

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


Competitive Comparison of Blackrock Floating Rate Stra Fd's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Blackrock Floating Rate Stra Fd'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.


Blackrock Floating Rate Stra Fd's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Floating Rate Stra Fd's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Blackrock Floating Rate Stra Fd's 5-Year Dividend Growth Rate falls into.



Blackrock Floating Rate Stra Fd 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.


Blackrock Floating Rate Stra Fd  (NYSE:FRA) 5-Year Dividend Growth Rate Explanation

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

Blackrock Floating Rate Stra Fd's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.716/ 0.83
=0.86

During the past 7 years, the highest Dividend Payout Ratio of Blackrock Floating Rate Stra Fd was 5.12. The lowest was 0.76. And the median was 0.98.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Blackrock Floating Rate Inc Stra Fd Inc is 0.77, which seems too high.

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

Blackrock Floating Rate Stra Fd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1242024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1242024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1242024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1242024-01-112024-01-122024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1242023-12-142023-12-152023-12-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-10-132023-10-162023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1122023-05-122023-05-152023-05-31Cash 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.

Blackrock Floating Rate Stra Fd's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.434/13.06
=10.98 %

Current Share Price is $13.06.
Blackrock Floating Rate Stra Fd's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.434.

During the past 7 years, the highest Dividend Yield of Blackrock Floating Rate Stra Fd was 11.17%. The lowest was 5.01%. And the median was 6.79%.

Good Sign:

Blackrock Floating Rate Inc Stra Fd Inc stock dividend yield is close to 10-year high.

* 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 Floating Rate Stra Fd 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Blackrock Floating Rate Stra Fd's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Floating Rate Stra Fd (Blackrock Floating Rate Stra Fd) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Floating Rate Inc Stra Fd Inc is a United States-based diversified closed-end management investment company. The Fund's investment objective is to provide shareholders with high current income and preservation of capital with investment in a diversified, leveraged portfolio consisting of floating-rate debt securities and instruments.
Executives
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
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
David Delbos other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Carly Wilson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Abigail Apistolas other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Joshua Tarnow other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212