Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) Dividend Payout Ratio

: 0.42 (As of Jan. 2024)

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Blackrock Municipal 2030 Target Term Trust's dividend payout ratio for the months ended in Jan. 2024 was 0.42.

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 2030 Target Term Trust is 1.10, which seems too high.

The historical rank and industry rank for Blackrock Municipal 2030 Target Term Trust's Dividend Payout Ratio or its related term are showing as below:

BTT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.27 Med: 0.47 Max: 1.32
Current: 1.1

During the past 7 years, the highest Dividend Payout Ratio of Blackrock Municipal 2030 Target Term Trust was 1.32. The lowest was 0.27. And the median was 0.47.

BTT's Dividend Payout Ratio is ranked worse than
66.74% of 938 companies
in the Asset Management industry
Industry Median: 0.83 vs BTT: 1.10

As of today (2024-04-23), the Dividend Yield % of Blackrock Municipal 2030 Target Term Trust is 2.93%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Blackrock Municipal 2030 Target Term Trust was 4.48%. The lowest was 2.83%. And the median was 3.36%.

Blackrock Municipal 2030 Target Term Trust's Dividends per Share for the months ended in Jan. 2024 was $0.29.

During the past 12 months, Blackrock Municipal 2030 Target Term Trust's average Dividends Per Share Growth Rate was -14.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -2.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -2.70% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Blackrock Municipal 2030 Target Term Trust was -2.50% per year. The lowest was -7.40% per year. And the median was -3.80% per year.

The growth rate is calculated with least square regression.

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

Blackrock Municipal 2030 Target Term Trust Dividend Payout Ratio Historical Data

The historical data trend for Blackrock Municipal 2030 Target Term Trust'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 Municipal 2030 Target Term Trust Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Dividend Payout Ratio

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0.27

0.51

0.43

Blackrock Municipal 2030 Target Term Trust Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial								-	-	3.56	-	0.42

Competitive Comparison

For the Asset Management subindustry, Blackrock Municipal 2030 Target Term Trust'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 Municipal 2030 Target Term Trust Dividend Payout Ratio Distribution

For the Asset Management industry and Financial Services sector, Blackrock Municipal 2030 Target Term Trust's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Blackrock Municipal 2030 Target Term Trust's Dividend Payout Ratio falls into.

Blackrock Municipal 2030 Target Term Trust Dividend Payout Ratio Calculation

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

Blackrock Municipal 2030 Target Term Trust's Dividend Payout Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jul. 2023 )	/	EPS without NRI (A: Jul. 2023 )
	=	0.695	/	-0.02
	=	N/A

Blackrock Municipal 2030 Target Term Trust's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.288	/	0.69
	=	0.42

Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) 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 Municipal 2030 Target Term Trust Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Blackrock Municipal 2030 Target Term Trust's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Municipal 2030 Target Term Trust (NYSE:BTT) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

Blackrock Municipal 2030 Target Term Trust is the United States based closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax and to return $25.00 per common share to holders of common shares. The trust seeks to achieve its investment objectives by investing a majority of its assets in municipal bonds exempt from U.S. federal income taxes.

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
Kristi Manidis Santiago	other: Portfolio Manager	1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Kevin Maloney	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski	other: Portfolio Manager	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor	other: Portfolio Manager	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Peter Hayes	other: Officer of the Advisor	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
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
Phillip Soccio	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jaeckel Theodore R Jr	other: Portfolio Manager	800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Henry Gabbay	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Municipal 2030 Target Term Trust (Blackrock Municipal 2030 Target Term Trust) Headlines

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