BlackRock Limited Duration Income Trust
BLWFinancial Services · Stock · monthly payer
Forward Yield
11.47%
Annual Dividend
$1.36
Payout Ratio
216%
5-Yr Growth
2.9%
Ex-Date
Oct 15, 2026
Frequency
Monthly
Summary
As of September 2026, BlackRock Limited Duration Income Trust (BLW) yields 11.47% ($1.36 per share annually), with a blended fair-value estimate of $20.70 — +73% upside, so it screens as undervalued. Dividend safety grade: C (64/100). 3 years of dividend growth.
Is BLW a good dividend stock?
Yes, with caveatsBlackRock Limited Duration Income Trust (BLW) pays a monthly dividend yielding 11.47% ($1.36/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2017
- Elevated payout ratio (216%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 11.47%
- Payout Ratio
- 216%
- Annual Dividend
- $1.36
- 5-Yr Avg Growth
- 2.9%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 3
- Frequency
- monthly
- Beta
- 0.58
- Market Cap
- $461.8M
- P/E Ratio
- 18.7
- 5-Yr Total Return
- -31%
- 52-Week Range
- $11.94 – $14.19
- Dividend Safety
- C · 64/100
- Ever Cut?
- Yes (2017)
Frequently Asked Questions
BLW Price — Last 12 Months
Daily close
Price Return
1 Year
-14%
3 Years
-5%
5 Years
-31%
52-Week Range
$11.94 – $14.19
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BLW worth?
Undervaluedmedium confidenceOur blended fair-value estimate for BlackRock Limited Duration Income Trust is $20.70 per share, versus a market price of $11.97. That implies 73% of upside — a margin of safety of about 42%.
Fair Value
$20.70
Current Price
$11.97
Upside
+73%
Margin of Safety
42%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 2.9% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.2% discount rate (CAPM), 2.9% stage-1 growth, 2.5% terminal growth, $0.63 EPS, $1.36 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BLW Dividend Safety Score
Borderline
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 |
|---|---|---|---|
| Sep 15, 2026 | — | $0.1130 | regular |
| Aug 14, 2026 | — | $0.1130 | regular |
| Jul 15, 2026 | — | $0.1130 | regular |
| Jun 15, 2026 | — | $0.1130 | regular |
| May 15, 2026 | — | $0.1130 | regular |
| Apr 15, 2026 | — | $0.1130 | regular |
| Mar 13, 2026 | — | $0.1130 | regular |
| Feb 13, 2026 | — | $0.1130 | regular |
| Jan 20, 2026 | — | $0.1130 | regular |
| Dec 22, 2025 | — | $0.1130 | regular |
| Nov 14, 2025 | — | $0.1130 | regular |
| Oct 15, 2025 | — | $0.1130 | regular |
| Sep 15, 2025 | — | $0.1130 | regular |
| Aug 15, 2025 | — | $0.1130 | regular |
Income Calculator
At $1.36 / yr per share
Similar Dividend Stocks
Compare BLW
Explore more
Lists and tools related to BLW
- Monthly dividend stocks →
- Undervalued dividend stocks →
- Financial Services dividend stocks →
- Dividend calendar →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →