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Blackrock Floating Rate Stra Fd (Blackrock Floating Rate Stra Fd) Dividend Yield %

: 10.94% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of Blackrock Floating Rate Stra Fd is 10.94%.

Good Sign:

Blackrock Floating Rate Inc Stra Fd Inc stock dividend yield is close to 10-year high.

The historical rank and industry rank for Blackrock Floating Rate Stra Fd's Dividend Yield % or its related term are showing as below:

FRA' s Dividend Yield % Range Over the Past 10 Years
Min: 5.01   Med: 6.79   Max: 11.17
Current: 10.94

During the past 7 years, the highest Dividend Yield of Blackrock Floating Rate Stra Fd was 11.17%. The lowest was 5.01%. And the median was 6.79%.

FRA's Dividend Yield % is ranked better than
86.42% of 1215 companies
in the Asset Management industry
Industry Median: 5.67 vs FRA: 10.94

Blackrock Floating Rate Stra Fd's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.86.

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 Inc Stra Fd Inc is 0.77, which seems too high.

During the past 7 years, the highest Dividend Payout Ratio of Blackrock Floating Rate Stra Fd was 5.12. The lowest was 0.76. And the median was 0.98.

As of today (2024-04-23), the Forward Dividend Yield % of Blackrock Floating Rate Stra Fd is 11.34%.

Blackrock Floating Rate Stra Fd's Dividends per Share for the six months ended in Dec. 2023 was $0.72.

During the past 12 months, Blackrock Floating Rate Stra Fd'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 14.00% 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 Rate Stra Fd was 14.00% per year. The lowest was 1.90% per year. And the median was 5.25% per year.

The growth rate is calculated with least square regression.

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


Blackrock Floating Rate Stra Fd Dividend Yield % Historical Data

The historical data trend for Blackrock Floating Rate Stra Fd'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 Floating Rate Stra Fd Annual Data
Trend Aug17 Aug18 Aug19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only 6.45 7.61 5.96 7.47 10.44

Blackrock Floating Rate Stra Fd Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.96 7.03 7.47 8.63 10.44

Competitive Comparison

For the Asset Management subindustry, Blackrock Floating Rate Stra Fd'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 Floating Rate Stra Fd Dividend Yield % Distribution

For the Asset Management industry and Financial Services sector, Blackrock Floating Rate Stra Fd's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Blackrock Floating Rate Stra Fd's Dividend Yield % falls into.



Blackrock Floating Rate Stra Fd Dividend Yield % Calculation

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

Blackrock Floating Rate Stra Fd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1242024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1242024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1242024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1242024-01-112024-01-122024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1242023-12-142023-12-152023-12-20Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-10-132023-10-162023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1172023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1122023-05-122023-05-152023-05-31Cash 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 Floating Rate Stra Fd's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.434/13.10
=10.95 %

Current Share Price is $13.10.
Blackrock Floating Rate Stra Fd's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.434.

Blackrock Floating Rate Stra Fd's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.488/13.10
=11.36 %

Current Share Price is $13.10.
Blackrock Floating Rate Stra Fd's Dividends per Share for the forward twelve months is calculated as $0.124 * 12 = $1.488.

* 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 Floating Rate Stra Fd  (NYSE:FRA) 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 Floating Rate Stra Fd Dividend Yield % Related Terms

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Blackrock Floating Rate Stra Fd (Blackrock Floating Rate Stra Fd) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Floating Rate Inc Stra Fd Inc is a United States-based diversified closed-end management investment company. The Fund's investment objective is to provide shareholders with high current income and preservation of capital with investment in a diversified, leveraged portfolio consisting of floating-rate debt securities and instruments.
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
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
David Delbos other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Carly Wilson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Abigail Apistolas other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Joshua Tarnow other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212