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BGT Dividend

BlackRock Floating Rate Income Trust

NYSEFinancial ServicesStockData as of
Dividend yield
13.76%
Annual dividend
$1.44
Payout ratio
2.97
Frequency
Monthly
Share price
$10.49
Market cap
$313M

Next payment

Ex-dividend date: Pay date: Amount: $0.1203

You must own the shares before the ex-dividend date to receive this payment.

Is BGT a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is far above the marketAt 13.76%, the yield is more than three times the median of 2.92% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
  • Paying out more than it earnsA payout ratio of 2.97 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
  • Dividend has been cut 9 timesAcross 22 complete years, the annual total fell in 2016, 2021, 2022 and earlier. The most recent reduction was in 2022.
  • Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.

BGT dividend history

Annual dividend per share, 2004 to 2025.

2004200820122016202020242025
Peak $1.44 in 2024Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for BGT, most recent first.
Ex-dividend datePay dateAmountType
$0.1203Monthly
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$0.1136Monthly
$0.1136Monthly
$0.1136Monthly

How much would BGT pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate BGT dividend income →

BGT appears in

Closest to BGT on yield.

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Frequently asked questions

Does BGT pay a dividend?
Yes. BlackRock Floating Rate Income Trust pays a monthly dividend, currently yielding 13.76% based on trailing twelve-month payments of $1.44 per share.
How much does BGT pay in dividends?
$1.44 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next BGT ex-dividend date?
The next ex-dividend date on record is October 15, 2026, with payment on October 30, 2026. You must own the shares before the ex-dividend date to receive that payment.