BlackRock Credit Allocation Income Trust
BTZFinancial Services · Stock · monthly payer
$10.12
Add to PortfolioForward Yield
9.95%
Annual Dividend
$1.01
Payout Ratio
92%
5-Yr Growth
0.0%
Ex-Date
Jun 15, 2026
Frequency
Monthly
BTZ Dividend Safety Score
64/ 100
Grade C
Borderline
Dividend-growth streak7 consecutive years of growth
Cut historyCut its dividend in 2018
Earnings payout coverage92% of earnings paid out
Balance-sheet strengthDebt/equity of 0.51
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 BTZ a good dividend stock?
Yes, with caveatsBlackRock Credit Allocation Income Trust (BTZ) pays a monthly dividend yielding 9.95% ($1.01/yr), with 7 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 2018
- Elevated payout ratio (92%)
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 9.95%
- Payout Ratio
- 92%
- Annual Dividend
- $1.01
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 7
- Frequency
- monthly
- Beta
- —
- Market Cap
- $944.4M
- P/E Ratio
- 9.2
- 5-Yr Total Return
- -35%
- 52-Week Range
- $9.70 – $11.18
- Dividend Safety
- C · 64/100
- Ever Cut?
- Yes (2018)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0840 | regular |
| Apr 15, 2026 | — | $0.0840 | regular |
| Mar 13, 2026 | — | $0.0840 | regular |
| Feb 13, 2026 | — | $0.0840 | regular |
| Jan 20, 2026 | — | $0.0840 | regular |
| Dec 22, 2025 | — | $0.0840 | regular |
| Nov 14, 2025 | — | $0.0840 | regular |
| Oct 15, 2025 | — | $0.0840 | regular |
| Sep 15, 2025 | — | $0.0840 | regular |
| Aug 15, 2025 | — | $0.0840 | regular |
| Jul 15, 2025 | — | $0.0840 | regular |
| Jun 13, 2025 | — | $0.0840 | regular |
| May 15, 2025 | — | $0.0840 | regular |
| Apr 15, 2025 | — | $0.0840 | regular |
Income Calculator
At $1.01 / yr per share
Per payment (monthly)$8.42
Annual$101.00
Monthly avg$8.42
