SmarterDividends
BTT

Blackrock Municipal 2030 Target Term Trust

BTT

Financial Services · Asset Management · Stock · monthly payer

$21.76

Overvalued · -66% Add to Portfolio

Forward Yield

2.56%

Annual Dividend

$0.56

Payout Ratio

73%

5-Yr Growth

-5.8%

Ex-Date

Oct 15, 2026

Frequency

Monthly

Key facts about BTT's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 14, 2026, Blackrock Municipal 2030 Target Term Trust (BTT) has a forward dividend yield of 2.56%, based on an annual dividend of $0.56 per share and a share price of $21.76.
  • As of Oct 14, 2026, BTT's dividend safety grade from SmarterDividends is C (57 out of 100), which rates the dividend as borderline.
  • BTT last cut its regular dividend in 2024.
  • BTT's next ex-dividend date is Oct 15, 2026, with payment on Nov 2, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 14, 2026, BTT pays out 73% of its trailing 12-month earnings as dividends (its payout ratio).
  • BTT's dividend has shrunk at an average rate of 5.8% a year over the past five years.
  • As of Oct 14, 2026, BTT's 2.56% yield is 11% below its five-year average yield of 2.88%.
  • As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for BTT is $7.33 per share, 66% below the $21.76 share price, so BTT screens as overvalued.
  • Blackrock Municipal 2030 Target Term Trust (BTT) pays its dividend monthly, 12 times a year.
Cite this page

SmarterDividends, "BTT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/BTT

Summary

As of Oct 14, 2026, Blackrock Municipal 2030 Target Term Trust (BTT) yields 2.56% ($0.56 a year per share) and has a dividend safety grade of C (57/100).

Is BTT a good dividend stock?

Mixed

Blackrock Municipal 2030 Target Term Trust (BTT) pays a monthly dividend yielding 2.56% ($0.56/yr), with 0 years 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 2024
    • Dividend has been shrinking, not growing
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    2.56%
    Payout Ratio
    73%
    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
    28.6
    5-Yr Total Return
    -15%
    52-Week Range
    $21.30 – $23.24
    Dividend Safety
    C · 57/100
    Ever Cut?
    Yes (2024)
    BTT ex-dividend date & scheduleNext ex-date Oct 15, 2026 · full ex-dividend historyView →BTT dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is BTT a good dividend stock?

    Mixed. Blackrock Municipal 2030 Target Term Trust (BTT) pays a monthly dividend yielding 2.56% ($0.56/yr), with 0 years 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 BTT undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BTT's fair value is about $7.33 versus a $21.76 share price — so it looks overvalued (-66% vs. fair value).

    Is BTT's dividend safe?

    BTT has a dividend-safety grade of C (57/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

    What is BTT's fair value?

    Our blended fair-value estimate for BTT is about $7.33 per share, about 66% below the current $21.76 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is BTT a buy, hold, or sell?

    We don't issue formal ratings, but on the data BTT screens as "mixed" and overvalued. Blackrock Municipal 2030 Target Term Trust (BTT) pays a monthly dividend yielding 2.56% ($0.56/yr), with 0 years 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 BTT cut its dividend?

    BTT earns a dividend-safety grade of C (57/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does BTT pay a dividend?

    Yes. Blackrock Municipal 2030 Target Term Trust pays a monthly dividend of about $0.56 per share annually, a forward yield of roughly 2.56%.

    What is BTT's dividend yield?

    As of Oct 14, 2026, BTT's forward dividend yield is 2.56%, based on a $0.56 annual dividend and a $21.76 share price.

    What is BTT's dividend per share?

    As of Oct 14, 2026, BTT pays $0.56 per share per year, distributed on a monthly basis.

    What is BTT's dividend payout ratio?

    As of Oct 14, 2026, BTT's payout ratio is 73% of trailing 12-month earnings — a moderate level that's generally sustainable.

    How many years has BTT grown its dividend?

    BTT does not currently have a long dividend-growth streak on record.

    When is the next BTT ex-dividend date?

    As of Oct 14, 2026, the next ex-dividend date on record for BTT is Oct 15, 2026.

    Income Calculator

    At $0.56 / yr per share

    Per payment (monthly)$4.64
    Annual$55.70
    Monthly avg$4.64

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