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BIT

BlackRock Multi-Sector Income Trust (BIT) Dividend

BlackRock Multi-Sector Income Trust · Financial Services · Asset Management · monthly payer

$11.31

Fairly valued · +11% Add to Portfolio

As of Nov 5, 2026, BlackRock Multi-Sector Income Trust (BIT) pays a monthly dividend of $0.1240 per share, or $1.48 a year, a 12.98% yield at its $11.31 share price. The next ex-dividend date is Nov 13, 2026, paid Nov 27, 2026. It has a dividend safety grade of B.

Forward Yield

12.98%

Annual Dividend

$1.48

Payout Ratio

266%

5-Yr Growth

0.2%

Ex-Date

Nov 13, 2026

Frequency

Monthly

Key facts about BIT's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, BlackRock Multi-Sector Income Trust (BIT) has a forward dividend yield of 12.98%, based on an annual dividend of $1.48 per share and a share price of $11.31.
  • As of Nov 5, 2026, BIT's dividend safety grade from SmarterDividends is B (77 out of 100), which rates the dividend as safe.
  • BIT has never cut its regular dividend in the payment history SmarterDividends has on record.
  • BIT's next ex-dividend date is Nov 13, 2026, with payment on Nov 27, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, BIT pays out 266% of its trailing 12-month earnings as dividends (its payout ratio).
  • BIT's dividend has grown at an average rate of 0.2% a year over the past five years.
  • As of Nov 5, 2026, BIT's 12.98% yield is 40% above its five-year average yield of 9.28%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for BIT is $12.55 per share, 11% above the $11.31 share price, so BIT screens as fairly valued.
  • BlackRock Multi-Sector Income Trust (BIT) pays its dividend monthly, 12 times a year.
  • BlackRock Multi-Sector Income Trust (BIT) has raised its regular dividend 2 times and cut it 0 times across the 162 payments on record since 2013. Its most recent change was a 2.9% increase to $0.124 per share, going ex-dividend on Sep 15, 2025.
Cite this page

SmarterDividends, "BIT Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/BIT

Is BIT a good dividend stock?

Yes

BlackRock Multi-Sector Income Trust (BIT) pays a monthly dividend yielding 12.98% ($1.48/yr), with 1 year of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (266%)
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
12.98%
Payout Ratio
266%
Annual Dividend
$1.48
5-Yr Avg Growth
0.2%
Ex-Dividend Date
Nov 13, 2026
Years of Growth
1
Frequency
monthly
Beta
—
Market Cap
$645.4M
P/E Ratio
20.2
5-Yr Total Return
-38%
52-Week Range
$11.03 – $13.44
Dividend Safety
B · 77/100
Ever Cut?
No

BIT dividend raises and cuts

BlackRock Multi-Sector Income Trust (BIT) has raised its regular dividend 2 times and cut it 0 times across the 162 payments on record since 2013. Its most recent change was a 2.9% increase to $0.124 per share, going ex-dividend on Sep 15, 2025.

Ex-dateChangeOld → newMove
Sep 15, 2025Raise$0.121 → $0.124+2.9%
Oct 11, 2019Raise$0.114 → $0.121+6.0%
Every BIT payment →Download every raise and cut (CSV)
BIT ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →BIT dividend historyEvery payment, totals by year, raises and cutsView →BIT dividend calculator100 shares pay $148.00 a year, $12.33 each monthCalculate →BIT total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is BIT a good dividend stock?

Yes. BlackRock Multi-Sector Income Trust (BIT) pays a monthly dividend yielding 12.98% ($1.48/yr), with 1 year of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is BIT undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BIT's fair value is about $12.55 versus a $11.31 share price — so it looks fairly valued (+11% vs. fair value).

Is BIT's dividend safe?

BIT has a dividend-safety grade of B (77/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is BIT's fair value?

Our blended fair-value estimate for BIT is about $12.55 per share, roughly 11% above the current $11.31 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is BIT a buy, hold, or sell?

We don't issue formal ratings, but on the data BIT screens as "yes" and fairly valued. BlackRock Multi-Sector Income Trust (BIT) pays a monthly dividend yielding 12.98% ($1.48/yr), with 1 year of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will BIT cut its dividend?

BIT earns a dividend-safety grade of B (77/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does BIT pay a dividend?

Yes. BlackRock Multi-Sector Income Trust pays a monthly dividend of about $1.48 per share annually, a forward yield of roughly 12.98%.

How much dividend does 100 shares of BIT pay?

At $1.48 per share a year, 100 shares of BIT pay $148.00 a year in dividends before tax, about $12.33 each month. Buying them costs about $1,131 at the Nov 5, 2026 price.

What is BIT's dividend yield?

As of Nov 5, 2026, BIT's forward dividend yield is 12.98%, based on a $1.48 annual dividend and a $11.31 share price.

What is BIT's dividend per share?

As of Nov 5, 2026, BIT pays $1.48 per share per year, distributed on a monthly basis.

What is BIT's dividend payout ratio?

As of Nov 5, 2026, BIT's payout ratio is 266% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

How many years has BIT grown its dividend?

As of Nov 5, 2026, BIT has increased its dividend for 1 consecutive years.

When is the next BIT ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for BIT is Nov 13, 2026.

Income Calculator

At $1.48 / yr per share

Per payment (monthly)$12.33
Annual$148.00
Monthly avg$12.33
Full BIT dividend calculator →

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