Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Dividend Payout Ratio : 0.84 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

Blackrock Floating Rateome Trust's dividend payout ratio for the months ended in Dec. 2023 was 0.84.

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 Income Trust is 0.76, which seems too high.

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

BGT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.76 Med: 1.13 Max: 4.7
Current: 0.76

During the past 7 years, the highest Dividend Payout Ratio of Blackrock Floating Rateome Trust was 4.70. The lowest was 0.76. And the median was 1.13.

BGT's Dividend Payout Ratio is ranked better than
55.18% of 937 companies
in the Asset Management industry
Industry Median: 0.83 vs BGT: 0.76

As of today (2024-04-24), the Dividend Yield % of Blackrock Floating Rateome Trust is 10.75%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Blackrock Floating Rateome Trust was 11.00%. The lowest was 4.96%. And the median was 6.75%.

Blackrock Floating Rateome Trust's Dividends per Share for the months ended in Dec. 2023 was $0.70.

During the past 12 months, Blackrock Floating Rateome Trust'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 14.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.20% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Blackrock Floating Rateome Trust was 14.10% per year. The lowest was 1.80% per year. And the median was 5.60% per year.

The growth rate is calculated with least square regression.

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

Blackrock Floating Rateome Trust Dividend Payout Ratio Historical Data

The historical data trend for Blackrock Floating Rateome 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 Floating Rateome Trust Annual Data

Trend

Oct17

Oct18

Oct19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

1.83

4.70

0.95

0.76

Blackrock Floating Rateome 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								1.31	-	0.59	0.69	0.84

Competitive Comparison

For the Asset Management subindustry, Blackrock Floating Rateome 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 Floating Rateome Trust Dividend Payout Ratio Distribution

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

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

Blackrock Floating Rateome Trust Dividend Payout Ratio Calculation

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

Blackrock Floating Rateome 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 )
	=	1.325	/	1.75
	=	0.76

Blackrock Floating Rateome 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 )
	=	0.695	/	0.832
	=	0.84

Blackrock Floating Rateome Trust (NYSE:BGT) 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 Floating Rateome Trust Dividend Payout Ratio Related Terms

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

Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Blackrock Floating Rate Income Trust (NYSE:BGT) » 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 Floating Rate Income Trust is a closed-end management investment company. Its investment objective is to provide a high level of current income. The company's secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing mainly, under normal conditions, at least 80% of its assets in floating and variable rate instruments of U.S. and non-U.S. issuers, including a substantial portion of its assets in global floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities.

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
Robert Glenn Hubbard	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd.	other: Investment Adviser	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
James Keenan	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Abigail Apistolas	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay	officer: Treasurer	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Carly Wilson	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Headlines

From GuruFocus

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

By Business Wire Business Wire • 12-20-2021