SmarterDividends
BBN

BlackRock Taxable Municipal Bond Trust

BBN

Financial Services · Asset Management · Stock · monthly payer

$14.56

Overvalued · -18% Add to Portfolio

Forward Yield

8.13%

Annual Dividend

$1.18

Payout Ratio

120%

5-Yr Growth

-3.4%

Ex-Date

Nov 13, 2026

Frequency

Monthly

Key facts about BBN's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, BlackRock Taxable Municipal Bond Trust (BBN) has a forward dividend yield of 8.13%, based on an annual dividend of $1.18 per share and a share price of $14.56.
  • As of Oct 18, 2026, BBN's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
  • BBN last cut its regular dividend in 2023.
  • BBN's next ex-dividend date is Nov 13, 2026, with payment on Nov 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, BBN pays out 120% of its trailing 12-month earnings as dividends (its payout ratio).
  • BBN's dividend has shrunk at an average rate of 3.4% a year over the past five years.
  • As of Oct 18, 2026, BBN's 8.13% yield is 23% above its five-year average yield of 6.60%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BBN is $11.89 per share, 18% below the $14.56 share price, so BBN screens as overvalued.
  • BlackRock Taxable Municipal Bond Trust (BBN) pays its dividend monthly, 12 times a year.
  • BlackRock Taxable Municipal Bond Trust (BBN) has raised its regular dividend 5 times and cut it 4 times across the 193 payments on record since 2010. Its most recent change was a 6.5% increase to $0.0990 per share, going ex-dividend on Aug 15, 2025. The last cut went ex-dividend on Jun 14, 2023.
Cite this page

SmarterDividends, "BBN Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BBN

Summary

As of Oct 18, 2026, BlackRock Taxable Municipal Bond Trust (BBN) yields 8.13% ($1.18 a year per share) and has a dividend safety grade of C (50/100).

Is BBN a good dividend stock?

Mixed

BlackRock Taxable Municipal Bond Trust (BBN) pays a monthly dividend yielding 8.13% ($1.18/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (120%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    8.13%
    Payout Ratio
    120%
    Annual Dividend
    $1.18
    5-Yr Avg Growth
    -3.4%
    Ex-Dividend Date
    Nov 13, 2026
    Years of Growth
    1
    Frequency
    monthly
    Beta
    —
    Market Cap
    $899.7M
    P/E Ratio
    14.9
    5-Yr Total Return
    -44%
    52-Week Range
    $14.16 – $17.45
    Dividend Safety
    C · 50/100
    Ever Cut?
    Yes (2023)

    BBN dividend raises and cuts

    BlackRock Taxable Municipal Bond Trust (BBN) has raised its regular dividend 5 times and cut it 4 times across the 193 payments on record since 2010. Its most recent change was a 6.5% increase to $0.0990 per share, going ex-dividend on Aug 15, 2025. The last cut went ex-dividend on Jun 14, 2023.

    Ex-dateChangeOld → newMove
    Aug 15, 2025Raise$0.0930 → $0.0990+6.5%
    Jun 14, 2023Cut$0.103 → $0.0930−9.7%
    Dec 14, 2022Cut$0.123 → $0.103−16.3%
    Oct 14, 2021Raise$0.117 → $0.123+5.1%
    Oct 14, 2020Raise$0.112 → $0.117+4.5%
    Jul 12, 2019Cut$0.119 → $0.112−5.9%
    Jul 13, 2018Cut$0.132 → $0.119−9.8%
    Mar 13, 2012Raise$0.130 → $0.132+1.5%
    Oct 12, 2011Raise$0.118 → $0.130+10.2%
    Every BBN payment →Download every raise and cut (CSV)
    BBN ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →BBN dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is BBN a good dividend stock?

    Mixed. BlackRock Taxable Municipal Bond Trust (BBN) pays a monthly dividend yielding 8.13% ($1.18/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is BBN undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BBN's fair value is about $11.89 versus a $14.56 share price — so it looks overvalued (-18% vs. fair value).

    Is BBN's dividend safe?

    BBN has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is BBN's fair value?

    Our blended fair-value estimate for BBN is about $11.89 per share, about 18% below the current $14.56 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is BBN a buy, hold, or sell?

    We don't issue formal ratings, but on the data BBN screens as "mixed" and overvalued. BlackRock Taxable Municipal Bond Trust (BBN) pays a monthly dividend yielding 8.13% ($1.18/yr), with 1 year of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will BBN cut its dividend?

    BBN earns a dividend-safety grade of C (50/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does BBN pay a dividend?

    Yes. BlackRock Taxable Municipal Bond Trust pays a monthly dividend of about $1.18 per share annually, a forward yield of roughly 8.13%.

    What is BBN's dividend yield?

    As of Oct 18, 2026, BBN's forward dividend yield is 8.13%, based on a $1.18 annual dividend and a $14.56 share price.

    What is BBN's dividend per share?

    As of Oct 18, 2026, BBN pays $1.18 per share per year, distributed on a monthly basis.

    What is BBN's dividend payout ratio?

    As of Oct 18, 2026, BBN's payout ratio is 120% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has BBN grown its dividend?

    As of Oct 18, 2026, BBN has increased its dividend for 1 consecutive years.

    When is the next BBN ex-dividend date?

    As of Oct 18, 2026, the next ex-dividend date on record for BBN is Nov 13, 2026.

    Income Calculator

    At $1.18 / yr per share

    Per payment (monthly)$9.83
    Annual$118.00
    Monthly avg$9.83

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