GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock 2037 Mun Tgt (NYSE:BMN) » Definitions » Dividend Payout Ratio

BlackRock 2037 Mun Tgt (BlackRock 2037 Mun Tgt) Dividend Payout Ratio : 0.52 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is BlackRock 2037 Mun Tgt Dividend Payout Ratio?

BlackRock 2037 Mun Tgt's dividend payout ratio for the months ended in Dec. 2023 was 0.52.

The historical rank and industry rank for BlackRock 2037 Mun Tgt's Dividend Payout Ratio or its related term are showing as below:

BMN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.41   Max: 0.59
Current: 0.59


During the past 2 years, the highest Dividend Payout Ratio of BlackRock 2037 Mun Tgt was 0.59. The lowest was 0.22. And the median was 0.41.

BMN's Dividend Payout Ratio is ranked better than
63.37% of 950 companies
in the Asset Management industry
Industry Median: 0.78 vs BMN: 0.59

As of today (2024-06-20), the Dividend Yield % of BlackRock 2037 Mun Tgt is 4.59%.

During the past 2 years, the highest Trailing Annual Dividend Yield of BlackRock 2037 Mun Tgt was 4.80%. The lowest was 0.00%. And the median was 0.00%.

BlackRock 2037 Mun Tgt's Dividends per Share for the months ended in Dec. 2023 was $0.56.

During the past 12 months, BlackRock 2037 Mun Tgt's average Dividends Per Share Growth Rate was 1096.80% per year.

The growth rate is calculated with least square regression.

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


BlackRock 2037 Mun Tgt Dividend Payout Ratio Historical Data

The historical data trend for BlackRock 2037 Mun Tgt's Dividend Payout Ratio 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 2037 Mun Tgt Dividend Payout Ratio Chart

BlackRock 2037 Mun Tgt Annual Data
Trend Dec22 Dec23
Dividend Payout Ratio
0.22 0.59

BlackRock 2037 Mun Tgt Semi-Annual Data
Dec22 Jun23 Dec23
Dividend Payout Ratio - 0.69 0.52

Competitive Comparison of BlackRock 2037 Mun Tgt's Dividend Payout Ratio

For the Asset Management subindustry, BlackRock 2037 Mun Tgt's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 2037 Mun Tgt's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock 2037 Mun Tgt's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where BlackRock 2037 Mun Tgt's Dividend Payout Ratio falls into.



BlackRock 2037 Mun Tgt Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

BlackRock 2037 Mun Tgt's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=1.125/ 1.91
=0.59

BlackRock 2037 Mun Tgt'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 )
=0.563/ 1.076
=0.52

* 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 2037 Mun Tgt (NYSE:BMN) Dividend Payout Ratio Explanation

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 2037 Mun Tgt Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of BlackRock 2037 Mun Tgt's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock 2037 Mun Tgt (BlackRock 2037 Mun Tgt) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock 2037 Mun Tgt is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income that is exempt from regular federal income tax.
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
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jay M. Fife officer: Treasurer 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Blackrock Advisors Llc other: Investment Adviser 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Financial Management Inc/de other: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
John Perlowski director, officer: President and CEO 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055

BlackRock 2037 Mun Tgt (BlackRock 2037 Mun Tgt) Headlines

From GuruFocus