SmarterDividends
BHV

BlackRock Virginia Municipal Bond Trust

BHV

Financial Services · Asset Management · Stock · monthly payer

$11.26

Overvalued · -21% Add to Portfolio

Forward Yield

4.85%

Annual Dividend

$0.55

Payout Ratio

74%

5-Yr Growth

2.3%

Ex-Date

Nov 13, 2026

Frequency

Monthly

Key facts about BHV's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, BlackRock Virginia Municipal Bond Trust (BHV) has a forward dividend yield of 4.85%, based on an annual dividend of $0.55 per share and a share price of $11.26.
  • As of Oct 18, 2026, BHV's dividend safety grade from SmarterDividends is C (51 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, BlackRock Virginia Municipal Bond Trust (BHV) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
  • BHV last cut its regular dividend in 2023.
  • BHV's next ex-dividend date is Nov 13, 2026, with payment on Dec 1, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, BHV pays out 74% of its trailing 12-month earnings as dividends (its payout ratio).
  • BHV's dividend has grown at an average rate of 2.3% a year over the past five years.
  • As of Oct 18, 2026, BHV's 4.85% yield is 18% above its five-year average yield of 4.10%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BHV is $8.85 per share, 21% below the $11.26 share price, so BHV screens as overvalued.
  • BlackRock Virginia Municipal Bond Trust (BHV) pays its dividend monthly, 12 times a year.
  • BlackRock Virginia Municipal Bond Trust (BHV) has raised its regular dividend 7 times and cut it 14 times across the 295 payments on record since 2002. Its most recent change was a 11.5% cut to $0.0460 per share, going ex-dividend on Dec 22, 2025.
Cite this page

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

Summary

As of Oct 18, 2026, BlackRock Virginia Municipal Bond Trust (BHV) yields 4.85% ($0.55 a year per share), has a dividend safety grade of C (51/100) and has 2 consecutive years of dividend increases on record.

Is BHV a good dividend stock?

Mixed

BlackRock Virginia Municipal Bond Trust (BHV) pays a monthly dividend yielding 4.85% ($0.55/yr), with 2 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

    Risks

    • Cut its dividend in 2023
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    4.85%
    Payout Ratio
    74%
    Annual Dividend
    $0.55
    5-Yr Avg Growth
    2.3%
    Ex-Dividend Date
    Nov 13, 2026
    Years of Growth
    2
    Frequency
    monthly
    Beta
    0.99
    Market Cap
    $17.9M
    P/E Ratio
    14.6
    5-Yr Total Return
    -40%
    52-Week Range
    $10.04 – $15.15
    Dividend Safety
    C · 51/100
    Ever Cut?
    Yes (2023)

    BHV dividend raises and cuts

    BlackRock Virginia Municipal Bond Trust (BHV) has raised its regular dividend 7 times and cut it 14 times across the 295 payments on record since 2002. Its most recent change was a 11.5% cut to $0.0460 per share, going ex-dividend on Dec 22, 2025.

    Ex-dateChangeOld → newMove
    Dec 22, 2025Cut$0.0520 → $0.0460−11.5%
    Oct 15, 2024Raise$0.0400 → $0.0520+30.0%
    Dec 14, 2023Raise$0.0270 → $0.0400+48.1%
    Mar 14, 2023Cut$0.0300 → $0.0270−10.0%
    Dec 15, 2022Cut$0.0360 → $0.0300−16.7%
    Oct 13, 2022Cut$0.0460 → $0.0360−21.7%
    Jul 12, 2019Cut$0.0540 → $0.0460−14.8%
    Dec 12, 2018Cut$0.0630 → $0.0540−14.3%
    Jun 13, 2016Cut$0.0700 → $0.0630−10.0%
    Mar 11, 2015Cut$0.0710 → $0.0700−1.4%
    Jan 13, 2015Cut$0.0720 → $0.0710−1.4%
    Dec 11, 2013Cut$0.0730 → $0.0720−1.4%
    Show all 21 changes since 2003
    Ex-dateChangeOld → newMove
    Mar 13, 2013Cut$0.0780 → $0.0730−6.4%
    Aug 13, 2012Cut$0.0830 → $0.0780−6.0%
    Jan 12, 2011Cut$0.0840 → $0.0830−1.2%
    Dec 13, 2010Raise$0.0830 → $0.0840+1.2%
    Sep 13, 2010Raise$0.0820 → $0.0830+1.2%
    Jun 11, 2010Raise$0.0800 → $0.0820+2.5%
    Jun 11, 2009Raise$0.0720 → $0.0800+11.1%
    Jul 11, 2003Raise$0.0700 → $0.0720+2.9%
    Apr 11, 2003Cut$0.0710 → $0.0700−1.4%
    Every BHV payment →Download every raise and cut (CSV)
    BHV ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →BHV dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is BHV a good dividend stock?

    Mixed. BlackRock Virginia Municipal Bond Trust (BHV) pays a monthly dividend yielding 4.85% ($0.55/yr), with 2 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.

    Is BHV undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BHV's fair value is about $8.85 versus a $11.26 share price — so it looks overvalued (-21% vs. fair value).

    Is BHV's dividend safe?

    BHV has a dividend-safety grade of C (51/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is BHV's fair value?

    Our blended fair-value estimate for BHV is about $8.85 per share, about 21% below the current $11.26 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is BHV a buy, hold, or sell?

    We don't issue formal ratings, but on the data BHV screens as "mixed" and overvalued. BlackRock Virginia Municipal Bond Trust (BHV) pays a monthly dividend yielding 4.85% ($0.55/yr), with 2 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. This is research for your own analysis, not investment advice.

    Will BHV cut its dividend?

    BHV earns a dividend-safety grade of C (51/100), 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 BHV pay a dividend?

    Yes. BlackRock Virginia Municipal Bond Trust pays a monthly dividend of about $0.55 per share annually, a forward yield of roughly 4.85%.

    What is BHV's dividend yield?

    As of Oct 18, 2026, BHV's forward dividend yield is 4.85%, based on a $0.55 annual dividend and a $11.26 share price.

    What is BHV's dividend per share?

    As of Oct 18, 2026, BHV pays $0.55 per share per year, distributed on a monthly basis.

    What is BHV's dividend payout ratio?

    As of Oct 18, 2026, BHV's payout ratio is 74% of trailing 12-month earnings — a moderate level that's generally sustainable.

    How many years has BHV grown its dividend?

    As of Oct 18, 2026, BHV has increased its dividend for 2 consecutive years.

    When is the next BHV ex-dividend date?

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

    Income Calculator

    At $0.55 / yr per share

    Per payment (monthly)$4.58
    Annual$55.00
    Monthly avg$4.58

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