BlackRock Innovation and Growth Term Trust
BTXFinancial Services · Asset Management · Stock · monthly payer
Forward Yield
7.44%
Annual Dividend
$0.63
Payout Ratio
20%
5-Yr Growth
—
Ex-Date
Nov 13, 2026
Frequency
Monthly
Key facts about BTX's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, BlackRock Innovation and Growth Term Trust (BTX) has a forward dividend yield of 7.44%, based on an annual dividend of $0.63 per share and a share price of $8.47.
- As of Oct 18, 2026, BTX's dividend safety grade from SmarterDividends is C (58 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, BlackRock Innovation and Growth Term Trust (BTX) has raised its dividend for 2 consecutive years as of Oct 18, 2026.
- BTX last cut its regular dividend in 2025.
- BTX'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, BTX pays out 20% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Oct 18, 2026, BTX's 7.44% yield is 24% below its five-year average yield of 9.76%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BTX is $14.43 per share, 70% above the $8.47 share price, so BTX screens as undervalued.
- BlackRock Innovation and Growth Term Trust (BTX) pays its dividend monthly, 12 times a year.
- BlackRock Innovation and Growth Term Trust (BTX) has raised its regular dividend 2 times and cut it 15 times across the 65 payments on record since 2021. Its most recent change was a 32.1% cut to $0.0530 per share, going ex-dividend on Oct 15, 2025.
Cite this page
SmarterDividends, "BTX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BTX
Summary
As of Oct 18, 2026, BlackRock Innovation and Growth Term Trust (BTX) yields 7.44% ($0.63 a year per share), has a dividend safety grade of C (58/100) and has 2 consecutive years of dividend increases on record.
Is BTX a good dividend stock?
Yes, with caveatsBlackRock Innovation and Growth Term Trust (BTX) pays a monthly dividend yielding 7.44% ($0.63/yr), with 2 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 (20%)
Risks
- Cut its dividend in 2025
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.44%
- Payout Ratio
- 20%
- Annual Dividend
- $0.63
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Nov 13, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- —
- Market Cap
- $988.5M
- P/E Ratio
- 2.4
- 5-Yr Total Return
- -47%
- 52-Week Range
- $6.13 – $9.49
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2025)
BTX dividend raises and cuts
BlackRock Innovation and Growth Term Trust (BTX) has raised its regular dividend 2 times and cut it 15 times across the 65 payments on record since 2021. Its most recent change was a 32.1% cut to $0.0530 per share, going ex-dividend on Oct 15, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Oct 15, 2025 | Cut | $0.0780 → $0.0530 | −32.1% |
| Sep 15, 2025 | Cut | $0.0790 → $0.0780 | −1.3% |
| Aug 15, 2025 | Cut | $0.0800 → $0.0790 | −1.3% |
| Jul 17, 2025 | Cut | $0.0810 → $0.0800 | −1.2% |
| Jun 13, 2025 | Cut | $0.0820 → $0.0810 | −1.2% |
| May 15, 2025 | Cut | $0.0840 → $0.0820 | −2.4% |
| Apr 15, 2025 | Cut | $0.0860 → $0.0840 | −2.3% |
| Mar 14, 2025 | Cut | $0.0870 → $0.0860 | −1.1% |
| Dec 16, 2024 | Raise | $0.0860 → $0.0870 | +1.2% |
| Oct 15, 2024 | Cut | $0.0870 → $0.0860 | −1.1% |
| Sep 16, 2024 | Cut | $0.0880 → $0.0870 | −1.1% |
| Jul 15, 2024 | Cut | $0.0890 → $0.0880 | −1.1% |
Show all 17 changes since 2022
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 14, 2024 | Raise | $0.0440 → $0.0890 | +102.3% |
| Mar 14, 2024 | Cut | $0.0450 → $0.0440 | −2.2% |
| Nov 14, 2023 | Cut | $0.0460 → $0.0450 | −2.2% |
| Oct 13, 2023 | Cut | $0.0700 → $0.0460 | −34.3% |
| Jun 14, 2022 | Cut | $0.100 → $0.0700 | −30.0% |
Frequently Asked Questions
Is BTX a good dividend stock?
Yes, with caveats. BlackRock Innovation and Growth Term Trust (BTX) pays a monthly dividend yielding 7.44% ($0.63/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Is BTX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BTX's fair value is about $14.43 versus a $8.47 share price — so it looks undervalued (+70% vs. fair value).
Is BTX's dividend safe?
BTX has a dividend-safety grade of C (58/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is BTX's fair value?
Our blended fair-value estimate for BTX is about $14.43 per share, roughly 70% above the current $8.47 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is BTX a buy, hold, or sell?
We don't issue formal ratings, but on the data BTX screens as "yes, with caveats" and undervalued. BlackRock Innovation and Growth Term Trust (BTX) pays a monthly dividend yielding 7.44% ($0.63/yr), with 2 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.
Will BTX cut its dividend?
BTX earns a dividend-safety grade of C (58/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does BTX pay a dividend?
Yes. BlackRock Innovation and Growth Term Trust pays a monthly dividend of about $0.63 per share annually, a forward yield of roughly 7.44%.
What is BTX's dividend yield?
As of Oct 18, 2026, BTX's forward dividend yield is 7.44%, based on a $0.63 annual dividend and a $8.47 share price.
What is BTX's dividend per share?
As of Oct 18, 2026, BTX pays $0.63 per share per year, distributed on a monthly basis.
What is BTX's dividend payout ratio?
As of Oct 18, 2026, BTX's payout ratio is 20% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has BTX grown its dividend?
As of Oct 18, 2026, BTX has increased its dividend for 2 consecutive years.
When is the next BTX ex-dividend date?
As of Oct 18, 2026, the next ex-dividend date on record for BTX is Nov 13, 2026.
BTX Price — Last 12 Months
Daily close
Price Return
1 Year
+23%
3 Years
+17%
5 Years
-47%
52-Week Range
$6.13 – $9.49
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BTX worth?
Undervaluedlow confidenceOur blended fair-value estimate for BlackRock Innovation and Growth Term Trust is $14.43 per share, versus a market price of $8.47. That implies 70% of upside — a margin of safety of about 41%.
Fair Value
$14.43
Current Price
$8.47
Upside
+70%
Margin of Safety
41%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $3.52 EPS, $0.63 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BTX 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
Full BTX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 15, 2026 | Oct 30, 2026 | $0.0530 | regular |
| Sep 15, 2026 | Sep 30, 2026 | $0.0530 | regular |
| Aug 14, 2026 | Aug 31, 2026 | $0.0530 | regular |
| Jul 15, 2026 | Jul 31, 2026 | $0.0530 | regular |
| Jun 15, 2026 | Jun 30, 2026 | $0.0530 | regular |
| May 15, 2026 | May 29, 2026 | $0.0530 | regular |
| Apr 15, 2026 | Apr 30, 2026 | $0.0530 | regular |
| Mar 13, 2026 | Mar 31, 2026 | $0.0530 | regular |
| Feb 13, 2026 | Feb 27, 2026 | $0.0530 | regular |
| Jan 20, 2026 | Jan 30, 2026 | $0.0530 | regular |
| Dec 22, 2025 | Dec 31, 2025 | $0.0530 | regular |
| Nov 14, 2025 | Nov 28, 2025 | $0.0530 | regular |
| Oct 15, 2025 | Oct 31, 2025 | $0.0530 | regular |
| Sep 15, 2025 | Sep 30, 2025 | $0.0780 | regular |
Income Calculator
At $0.63 / yr per share
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