BlackRock Floating Rate Income Trust
BGTFinancial Services · Stock · monthly payer
$10.66
Add to PortfolioForward Yield
13.54%
Annual Dividend
$1.44
Payout Ratio
203%
5-Yr Growth
9.6%
Ex-Date
Jun 15, 2026
Frequency
Monthly
BGT Dividend Safety Score
55/ 100
Grade C
Borderline
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage203% of earnings paid out
Balance-sheet strengthDebt/equity of 0.20
Yield vs its historyYield is 1.5× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is BGT a good dividend stock?
MixedBlackRock Floating Rate Income Trust (BGT) pays a monthly dividend yielding 13.54% ($1.44/yr), with 4 years 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
- Strong 9.6% 5-yr dividend growth
Risks
- Cut its dividend in 2021
- Elevated payout ratio (203%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 13.54%
- Payout Ratio
- 203%
- Annual Dividend
- $1.44
- 5-Yr Avg Growth
- 9.6%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- 0.46
- Market Cap
- $317.9M
- P/E Ratio
- 15.0
- 5-Yr Total Return
- -17%
- 52-Week Range
- $10.22 – $12.76
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.1200 | regular |
| Apr 15, 2026 | — | $0.1200 | regular |
| Mar 13, 2026 | — | $0.1200 | regular |
| Feb 13, 2026 | — | $0.1200 | regular |
| Jan 20, 2026 | — | $0.1200 | regular |
| Dec 22, 2025 | — | $0.1200 | regular |
| Nov 14, 2025 | — | $0.1200 | regular |
| Oct 15, 2025 | — | $0.1200 | regular |
| Sep 15, 2025 | — | $0.1200 | regular |
| Aug 15, 2025 | — | $0.1200 | regular |
| Jul 15, 2025 | — | $0.1200 | regular |
| Jun 13, 2025 | — | $0.1200 | regular |
| May 15, 2025 | — | $0.1200 | regular |
| Apr 15, 2025 | — | $0.1200 | regular |
Income Calculator
At $1.44 / yr per share
Per payment (monthly)$12.00
Annual$144.00
Monthly avg$12.00
