Blackstone Mortgage Trust, Inc.
BXMTReal Estate · Stock · quarterly payer
Forward Yield
11.01%
Annual Dividend
$1.88
Payout Ratio
313%
5-Yr Growth
-5.4%
Ex-Date
Jun 30, 2026
Frequency
Quarterly
Summary
As of July 2026, Blackstone Mortgage Trust, Inc. (BXMT) yields 11.01% ($1.88 per share annually), with a blended fair-value estimate of $44.16 — +159% upside, so it screens as undervalued. Dividend safety grade: D (45/100).
Is BXMT a good dividend stock?
MixedBlackstone Mortgage Trust, Inc. (BXMT) pays a quarterly dividend yielding 11.01% ($1.88/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (313%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 11.01%
- Payout Ratio
- 313%
- Annual Dividend
- $1.88
- 5-Yr Avg Growth
- -5.4%
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.94
- Market Cap
- $2.8B
- P/E Ratio
- 28.3
- 5-Yr Total Return
- -48%
- 52-Week Range
- $16.72 – $20.67
- Dividend Safety
- D · 45/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
BXMT Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
-22%
5 Years
-48%
52-Week Range
$16.72 – $20.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is BXMT worth?
Undervaluedlow confidenceOur blended fair-value estimate for Blackstone Mortgage Trust, Inc. is $44.16 per share, versus a market price of $17.08. That implies 159% of upside — a margin of safety of about 61%.
Fair Value
$44.16
Current Price
$17.08
Upside
+159%
Margin of Safety
61%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.60 EPS, $1.88 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
BXMT Dividend Safety Score
Risky
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 |
|---|---|---|---|
| Jun 30, 2026 | — | $0.4700 | regular |
| Mar 31, 2026 | — | $0.4700 | regular |
| Dec 31, 2025 | — | $0.4700 | regular |
| Sep 30, 2025 | — | $0.4700 | regular |
| Jun 30, 2025 | — | $0.4700 | regular |
| Mar 31, 2025 | — | $0.4700 | regular |
| Dec 31, 2024 | — | $0.4700 | regular |
| Sep 30, 2024 | — | $0.4700 | regular |
| Jun 28, 2024 | — | $0.6200 | regular |
| Mar 27, 2024 | — | $0.6200 | regular |
| Dec 28, 2023 | — | $0.6200 | regular |
| Sep 28, 2023 | — | $0.6200 | regular |
| Jun 29, 2023 | — | $0.6200 | regular |
| Mar 30, 2023 | — | $0.6200 | regular |
Income Calculator
At $1.88 / yr per share
