BlackRock Virginia Municipal Bond Trust
BHVFinancial Services · Stock · monthly payer
Forward Yield
4.36%
Annual Dividend
$0.55
Payout Ratio
297%
5-Yr Growth
2.3%
Ex-Date
Sep 15, 2026
Frequency
Monthly
Summary
As of August 2026, BlackRock Virginia Municipal Bond Trust (BHV) yields 4.36% ($0.55 per share annually), with a blended fair-value estimate of $8.36 — -33% downside, so it screens as overvalued. Dividend safety grade: D (49/100). 2 years of dividend growth.
Is BHV a good dividend stock?
MixedBlackRock Virginia Municipal Bond Trust (BHV) pays a monthly dividend yielding 4.36% ($0.55/yr), with 2 years of growth and a dividend-safety grade of D. 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 (297%)
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 4.36%
- Payout Ratio
- 297%
- Annual Dividend
- $0.55
- 5-Yr Avg Growth
- 2.3%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 0.99
- Market Cap
- —
- P/E Ratio
- —
- 5-Yr Total Return
- -30%
- 52-Week Range
- —
- Dividend Safety
- D · 49/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
BHV Price — Last 12 Months
Daily close
Price Return
1 Year
+16%
3 Years
+35%
5 Years
-30%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BHV worth?
Overvaluedlow confidenceOur blended fair-value estimate for BlackRock Virginia Municipal Bond Trust is $8.36 per share, versus a market price of $12.52. That implies 33% of downside.
Fair Value
$8.36
Current Price
$12.52
Downside
-33%
Margin of Safety
-50%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.2% discount rate (CAPM), 2.5% stage-1 growth, 2.5% terminal growth, -$0.02 EPS, $0.55 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BHV Dividend Safety Score
Risky
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 14, 2026 | — | $0.0460 | regular |
| Jul 15, 2026 | — | $0.0460 | regular |
| Jun 15, 2026 | — | $0.0460 | regular |
| May 15, 2026 | — | $0.0460 | regular |
| Apr 15, 2026 | — | $0.0460 | regular |
| Mar 13, 2026 | — | $0.0460 | regular |
| Feb 13, 2026 | — | $0.0460 | regular |
| Jan 20, 2026 | — | $0.0460 | regular |
| Dec 22, 2025 | — | $0.0460 | regular |
| Nov 14, 2025 | — | $0.0520 | regular |
| Oct 15, 2025 | — | $0.0520 | regular |
| Sep 15, 2025 | — | $0.0520 | regular |
| Aug 15, 2025 | — | $0.0520 | regular |
| Jul 15, 2025 | — | $0.0520 | regular |
Income Calculator
At $0.55 / yr per share
