GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Multi-Sector Income Trust (NYSE:BIT) » Definitions » Dividend Yield %

BlackRock Multi-Sectorome Trust (BlackRock Multi-Sectorome Trust) Dividend Yield % : 9.68% (As of May. 11, 2024)


View and export this data going back to 2013. Start your Free Trial

What is BlackRock Multi-Sectorome Trust Dividend Yield %?

As of today (2024-05-11), the Trailing Annual Dividend Yield of BlackRock Multi-Sectorome Trust is 9.68%.

The historical rank and industry rank for BlackRock Multi-Sectorome Trust's Dividend Yield % or its related term are showing as below:

BIT' s Dividend Yield % Range Over the Past 10 Years
Min: 0.63   Med: 8.72   Max: 12.87
Current: 9.68

During the past 6 years, the highest Dividend Yield of BlackRock Multi-Sectorome Trust was 12.87%. The lowest was 0.63%. And the median was 8.72%.

BIT's Dividend Yield % is ranked better than
80.74% of 1215 companies
in the Asset Management industry
Industry Median: 5.57 vs BIT: 9.68

BlackRock Multi-Sectorome Trust's Dividend Payout Ratio for the six months ended in Oct. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of BlackRock Multi-Sector Income Trust is 2.47, which seems too high.

During the past 6 years, the highest Dividend Payout Ratio of BlackRock Multi-Sectorome Trust was 5.60. The lowest was 0.04. And the median was 0.81.

As of today (2024-05-11), the Forward Dividend Yield % of BlackRock Multi-Sectorome Trust is 9.68%.

BlackRock Multi-Sectorome Trust's Dividends per Share for the six months ended in Oct. 2023 was $0.74.

During the past 3 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 44.70% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of BlackRock Multi-Sectorome Trust was 133.20% per year. The lowest was 1.60% per year. And the median was 1.90% per year.

The growth rate is calculated with least square regression.

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


BlackRock Multi-Sectorome Trust Dividend Yield % Historical Data

The historical data trend for BlackRock Multi-Sectorome Trust's Dividend Yield % 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 Multi-Sectorome Trust Dividend Yield % Chart

BlackRock Multi-Sectorome Trust Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Dividend Yield %
Get a 7-Day Free Trial 8.62 8.21 9.48 7.85 10.29

BlackRock Multi-Sectorome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.85 9.39 10.29 10.08 10.54

Competitive Comparison of BlackRock Multi-Sectorome Trust's Dividend Yield %

For the Asset Management subindustry, BlackRock Multi-Sectorome Trust's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Multi-Sectorome Trust's Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Multi-Sectorome Trust's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where BlackRock Multi-Sectorome Trust's Dividend Yield % falls into.



BlackRock Multi-Sectorome Trust Dividend Yield % Calculation

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

BlackRock Multi-Sectorome Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1237002024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002024-01-112024-01-122024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002023-12-142023-12-152023-12-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002023-10-132023-10-162023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1237002023-05-122023-05-152023-05-31Cash 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 Multi-Sectorome Trust's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.4844/15.33
=9.68 %

Current Share Price is $15.33.
BlackRock Multi-Sectorome Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.4844.

BlackRock Multi-Sectorome Trust's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.4844/15.33
=9.68 %

Current Share Price is $15.33.
BlackRock Multi-Sectorome Trust's Dividends per Share for the forward twelve months is calculated as $0.1237 * 12 = $1.4844.

* 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 Multi-Sectorome Trust  (NYSE:BIT) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


BlackRock Multi-Sectorome Trust Dividend Yield % Related Terms

Thank you for viewing the detailed overview of BlackRock Multi-Sectorome Trust's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Multi-Sectorome Trust (BlackRock Multi-Sectorome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Multi-Sector Income Trust is a closed-end investment management company. It invests on behalf of its clients. The fund's primary investment objective is to provide a high level of current income, with a secondary objective of capital appreciation. The company seeks to achieve its investment objectives by investing, under normal market conditions, a majority of its assets in loan and debt instruments and other investments with similar economic characteristics. Its portfolio consists of Corporate Bonds, Asset-Backed Securities, Preferred Securities and others.
Executives
Scott Maclellan other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
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
Akiva Dickstein other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Samir Lakhani other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Thomas Musmanno other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Randy Robertson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212

BlackRock Multi-Sectorome Trust (BlackRock Multi-Sectorome Trust) Headlines

From GuruFocus

BlackRock Multi-Sector Income Trust's Dividend Analysis

By GuruFocus Research 10-13-2023