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Blackrock Credit Allocationome Trust (Blackrock Credit Allocationome Trust) Dividend Payout Ratio : 0.57 (As of Dec. 2023)


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What is Blackrock Credit Allocationome Trust Dividend Payout Ratio?

Blackrock Credit Allocationome Trust's dividend payout ratio for the months ended in Dec. 2023 was 0.57.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Blackrock Credit Allocation Income Trust is 0.72, which seems too high.

The historical rank and industry rank for Blackrock Credit Allocationome Trust's Dividend Payout Ratio or its related term are showing as below:

BTZ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.71   Max: 2.52
Current: 0.72


During the past 7 years, the highest Dividend Payout Ratio of Blackrock Credit Allocationome Trust was 2.52. The lowest was 0.41. And the median was 0.71.

BTZ's Dividend Payout Ratio is ranked better than
57.08% of 939 companies
in the Asset Management industry
Industry Median: 0.82 vs BTZ: 0.72

As of today (2024-04-26), the Dividend Yield % of Blackrock Credit Allocationome Trust is 9.93%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Blackrock Credit Allocationome Trust was 10.99%. The lowest was 5.59%. And the median was 6.78%.

Blackrock Credit Allocationome Trust's Dividends per Share for the months ended in Dec. 2023 was $0.50.

During the past 5 years, the average Dividends Per Share Growth Rate was 4.90% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Blackrock Credit Allocationome Trust was 7.80% per year. The lowest was 6.30% per year. And the median was 6.30% per year.

The growth rate is calculated with least square regression.

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


Blackrock Credit Allocationome Trust Dividend Payout Ratio Historical Data

The historical data trend for Blackrock Credit Allocationome 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 Credit Allocationome Trust Dividend Payout Ratio Chart

Blackrock Credit Allocationome Trust Annual Data
Trend Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial 0.41 0.58 2.52 - 0.71

Blackrock Credit Allocationome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.44 - 8.38 0.97 0.57

Competitive Comparison of Blackrock Credit Allocationome Trust's Dividend Payout Ratio

For the Asset Management subindustry, Blackrock Credit Allocationome 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 Credit Allocationome Trust's Dividend Payout Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Credit Allocationome Trust's Dividend Payout Ratio falls into.



Blackrock Credit Allocationome Trust Dividend Payout Ratio Calculation

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

Blackrock Credit Allocationome Trust'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 )
=1.007/ 1.41
=0.71

Blackrock Credit Allocationome Trust'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 )
=0.503/ 0.884
=0.57

* 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 Credit Allocationome Trust (NYSE:BTZ) 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 Credit Allocationome Trust Dividend Payout Ratio Related Terms

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


Blackrock Credit Allocationome Trust (Blackrock Credit Allocationome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Credit Allocation Income Trust is a diversified, closed-end Trust engaged in providing investment advisory and risk management solutions. Its investment objective of seeking current income, current gains, and capital appreciation. The company invests under normal market conditions, at least 80% of its assets in credit-related securities, including, but not limited to, investment-grade corporate bonds, high high-yields, bank loans, preferred securities or convertible bonds, or derivatives with economic characteristics similar to these credit-related securities.
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
Charley Hung other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock (singapore) Ltd. other: Investment Adviser 40 EAST 52ND STREET, NEW YORK NY 10022
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
Stephan Bassas other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jeffrey Cucunato other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

Blackrock Credit Allocationome Trust (Blackrock Credit Allocationome Trust) Headlines