Blackrock Municipal 2030 Target Term Trust
BTTFinancial Services · Stock · monthly payer
Forward Yield
2.51%
Annual Dividend
$0.56
Payout Ratio
40%
5-Yr Growth
-5.8%
Ex-Date
Oct 15, 2026
Frequency
Monthly
Summary
As of September 2026, Blackrock Municipal 2030 Target Term Trust (BTT) yields 2.51% ($0.56 per share annually), with a blended fair-value estimate of $15.47 — -30% downside, so it screens as overvalued. Dividend safety grade: C (61/100).
Is BTT a good dividend stock?
Yes, with caveatsBlackrock Municipal 2030 Target Term Trust (BTT) pays a monthly dividend yielding 2.51% ($0.56/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (40%)
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 2.51%
- Payout Ratio
- 40%
- Annual Dividend
- $0.56
- 5-Yr Avg Growth
- -5.8%
- Ex-Dividend Date
- Oct 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.46
- Market Cap
- $1.4B
- P/E Ratio
- 16.1
- 5-Yr Total Return
- -14%
- 52-Week Range
- $22.05 – $23.24
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
BTT Price — Last 12 Months
Daily close
Price Return
1 Year
-2%
3 Years
+15%
5 Years
-14%
52-Week Range
$22.05 – $23.24
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BTT worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Blackrock Municipal 2030 Target Term Trust is $15.47 per share, versus a market price of $22.18. That implies 30% of downside.
Fair Value
$15.47
Current Price
$22.18
Downside
-30%
Margin of Safety
-43%
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 -4.6% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.0% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $1.38 EPS, $0.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BTT 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 | — | $0.0460 | regular |
| Aug 14, 2026 | — | $0.0460 | regular |
| Jul 15, 2026 | — | $0.0460 | regular |
| Jun 15, 2026 | — | $0.0460 | regular |
| May 15, 2026 | — | $0.0460 | regular |
| Apr 15, 2026 | — | $0.0460 | regular |
| Mar 13, 2026 | — | $0.0460 | regular |
| Feb 13, 2026 | — | $0.0460 | regular |
| Jan 20, 2026 | — | $0.0460 | regular |
| Dec 22, 2025 | — | $0.0460 | regular |
| Nov 14, 2025 | — | $0.0460 | regular |
| Oct 15, 2025 | — | $0.0460 | regular |
| Sep 15, 2025 | — | $0.0460 | regular |
| Aug 15, 2025 | — | $0.0460 | regular |
Income Calculator
At $0.56 / yr per share
Similar Dividend Stocks
Compare BTT
Explore more
Lists and tools related to BTT