SmarterDividends
BMN

Blackrock 2037 Municipal Target Term Trust

BMN

Financial Services · Stock · monthly payer

Forward Yield

4.38%

Annual Dividend

$1.13

Payout Ratio

96%

5-Yr Growth

Ex-Date

Jun 15, 2026

Frequency

Monthly

BMN Dividend Safety Score

66/ 100
Grade B

Safe

Dividend-growth streak2 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage96% of earnings paid out
Yield vs its historyYield in line with its history

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

Is BMN a good dividend stock?

Yes, with caveats

Blackrock 2037 Municipal Target Term Trust (BMN) pays a monthly dividend yielding 4.38% ($1.13/yr), with 2 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (96%)

Key Data

Dividend Yield
4.38%
Payout Ratio
96%
Annual Dividend
$1.13
5-Yr Avg Growth
Ex-Dividend Date
Jun 15, 2026
Years of Growth
2
Frequency
monthly
Beta
Market Cap
$157.8M
P/E Ratio
21.9
5-Yr Total Return
52-Week Range
$23.96 – $27.96
Dividend Safety
B · 66/100
Ever Cut?
No
BMN ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.13 / yr per share

Per payment (monthly)$9.42
Annual$113.00
Monthly avg$9.42