SmarterDividends
BKT

BlackRock Income Trust, Inc.

BKT

Financial Services · Asset Management · Stock · monthly payer

$9.67

Undervalued · +76% Add to Portfolio

Forward Yield

10.95%

Annual Dividend

$1.06

Payout Ratio

288%

5-Yr Growth

-2.9%

Ex-Date

Nov 13, 2026

Frequency

Monthly

Key facts about BKT's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, BlackRock Income Trust, Inc. (BKT) has a forward dividend yield of 10.95%, based on an annual dividend of $1.06 per share and a share price of $9.67.
  • As of Oct 18, 2026, BKT's dividend safety grade from SmarterDividends is C (57 out of 100), which rates the dividend as borderline.
  • BKT last cut its regular dividend in 2022.
  • BKT'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, BKT pays out 288% of its trailing 12-month earnings as dividends (its payout ratio).
  • BKT's dividend has shrunk at an average rate of 2.9% a year over the past five years.
  • As of Oct 18, 2026, BKT's 10.95% yield is 35% above its five-year average yield of 8.08%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BKT is $17.06 per share, 76% above the $9.67 share price, so BKT screens as undervalued.
  • BlackRock Income Trust, Inc. (BKT) pays its dividend monthly, 12 times a year.
  • BlackRock Income Trust, Inc. (BKT) has raised its regular dividend 15 times and cut it 20 times across the 460 payments on record since 1988. Its most recent change was a 0.8% increase to $0.0880 per share, going ex-dividend on Oct 15, 2025. The last cut went ex-dividend on Jun 14, 2022.
Cite this page

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

Summary

As of Oct 18, 2026, BlackRock Income Trust, Inc. (BKT) yields 10.95% ($1.06 a year per share) and has a dividend safety grade of C (57/100).

Is BKT a good dividend stock?

Mixed

BlackRock Income Trust, Inc. (BKT) pays a monthly dividend yielding 10.95% ($1.06/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 2022
    • Elevated payout ratio (288%)
    • 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
    10.95%
    Payout Ratio
    288%
    Annual Dividend
    $1.06
    5-Yr Avg Growth
    -2.9%
    Ex-Dividend Date
    Nov 13, 2026
    Years of Growth
    1
    Frequency
    monthly
    Beta
    0.51
    Market Cap
    $313.2M
    P/E Ratio
    26.1
    5-Yr Total Return
    -45%
    52-Week Range
    $9.42 – $11.28
    Dividend Safety
    C · 57/100
    Ever Cut?
    Yes (2022)

    BKT dividend raises and cuts

    BlackRock Income Trust, Inc. (BKT) has raised its regular dividend 15 times and cut it 20 times across the 460 payments on record since 1988. Its most recent change was a 0.8% increase to $0.0880 per share, going ex-dividend on Oct 15, 2025. The last cut went ex-dividend on Jun 14, 2022.

    Ex-dateChangeOld → newMove
    Oct 15, 2025Raise$0.0873 → $0.0880+0.8%
    Nov 14, 2022Raise$0.0863 → $0.0873+1.1%
    Jun 14, 2022Cut$0.101 → $0.0863−14.7%
    Aug 14, 2018Raise$0.0804 → $0.101+25.9%
    Mar 11, 2016Cut$0.0923 → $0.0804−12.9%
    Mar 11, 2015Cut$0.104 → $0.0923−11.4%
    Mar 12, 2014Cut$0.110 → $0.104−5.4%
    Jul 11, 2013Cut$0.122 → $0.110−9.8%
    Dec 12, 2011Raise$0.110 → $0.122+10.8%
    Jun 13, 2011Raise$0.0804 → $0.110+37.0%
    Mar 11, 2011Raise$0.0774 → $0.0804+3.8%
    Feb 11, 2011Cut$0.0804 → $0.0774−3.7%
    Show all 35 changes since 1990
    Ex-dateChangeOld → newMove
    Dec 13, 2010Raise$0.0714 → $0.0804+12.5%
    Dec 11, 2007Cut$0.0923 → $0.0714−22.6%
    Sep 13, 2006Cut$0.110 → $0.0923−16.2%
    Jul 13, 2005Cut$0.152 → $0.110−27.5%
    Sep 12, 2002Raise$0.140 → $0.152+8.5%
    Apr 11, 2001Cut$0.143 → $0.140−2.1%
    Mar 13, 2001Raise$0.140 → $0.143+2.1%
    May 11, 2000Raise$0.137 → $0.140+2.2%
    Apr 12, 2000Cut$0.140 → $0.137−2.1%
    Feb 13, 1996Cut$0.185 → $0.140−24.2%
    Mar 9, 1994Cut$0.208 → $0.185−11.4%
    Dec 9, 1992Cut$0.211 → $0.208−1.4%
    Nov 9, 1992Raise$0.208 → $0.211+1.4%
    Oct 8, 1992Cut$0.235 → $0.208−11.4%
    Mar 10, 1992Cut$0.247 → $0.235−4.8%
    Feb 10, 1992Raise$0.152 → $0.247+62.7%
    Jan 9, 1992Raise$0.0952 → $0.152+59.4%
    Dec 24, 1991Cut$0.247 → $0.0952−61.4%
    Jul 9, 1991Cut$0.259 → $0.247−4.6%
    Feb 11, 1991Raise$0.188 → $0.259+38.1%
    Jan 9, 1991Raise$0.0714 → $0.188+162.5%
    Dec 24, 1990Cut$0.259 → $0.0714−72.4%
    Jan 9, 1990Cut$0.274 → $0.259−5.4%
    Every BKT payment →Download every raise and cut (CSV)
    BKT ex-dividend date & scheduleNext ex-date Nov 13, 2026 · full ex-dividend historyView →BKT dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is BKT a good dividend stock?

    Mixed. BlackRock Income Trust, Inc. (BKT) pays a monthly dividend yielding 10.95% ($1.06/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 BKT undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BKT's fair value is about $17.06 versus a $9.67 share price — so it looks undervalued (+76% vs. fair value).

    Is BKT's dividend safe?

    BKT has a dividend-safety grade of C (57/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

    What is BKT's fair value?

    Our blended fair-value estimate for BKT is about $17.06 per share, roughly 76% above the current $9.67 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is BKT a buy, hold, or sell?

    We don't issue formal ratings, but on the data BKT screens as "mixed" and undervalued. BlackRock Income Trust, Inc. (BKT) pays a monthly dividend yielding 10.95% ($1.06/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 BKT cut its dividend?

    BKT earns a dividend-safety grade of C (57/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does BKT pay a dividend?

    Yes. BlackRock Income Trust, Inc. pays a monthly dividend of about $1.06 per share annually, a forward yield of roughly 10.95%.

    What is BKT's dividend yield?

    As of Oct 18, 2026, BKT's forward dividend yield is 10.95%, based on a $1.06 annual dividend and a $9.67 share price.

    What is BKT's dividend per share?

    As of Oct 18, 2026, BKT pays $1.06 per share per year, distributed on a monthly basis.

    What is BKT's dividend payout ratio?

    As of Oct 18, 2026, BKT's payout ratio is 288% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has BKT grown its dividend?

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

    When is the next BKT ex-dividend date?

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

    Income Calculator

    At $1.06 / yr per share

    Per payment (monthly)$8.83
    Annual$106.00
    Monthly avg$8.83

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