BGT Dividends
BlackRock Floating Rate Income Trust (BGT) pays $1.44 in dividends per share, with a current dividend yield of 13.54%.
BGT Dividend Summary
13.54%
$1.44
132.42%
122.01%
Consecutive Years
0
Next Ex-Dividend Date
Sep 15, 2026
Next Payment Date
Sep 30, 2026
BGT Dividends per Share (Nominal History)
View full nominal table listThis step chart displays the nominal dividend payouts over time on their actual payment dates, matching the distribution frequency.
BGT Dividends CAGR Chart
BlackRock Floating Rate Income Trust (BGT)
Annual Dividend History
| Year | Dividend/Share | YoY Growth |
|---|---|---|
| 2026(YTD) | $1.08 | — |
| 2025 | $1.44 | +0.00% |
| 2024 | $1.44 | +12.53% |
| 2023 | $1.28 | N/A |
| 2022 | $0.75 | N/A |
| 2021 | $0.78 | -12.67% |
| 2020 | $0.89 | +9.51% |
| 2019 | $0.82 | +6.31% |
| 2018 | $0.77 | +9.58% |
| 2017 | $0.70 | -8.74% |
| 2016 | $0.77 | +1.46% |
| 2015 | $0.76 | -11.48% |
| 2014 | $0.85 | -4.73% |
| 2013 | $0.90 | -15.87% |
| 2012 | $1.06 | -2.52% |
| 2011 | $1.09 | +7.41% |
| 2010 | $1.02 | +5.67% |
| 2009 | $0.96 | N/A |
| 2008 | $1.23 | N/A |
| 2007 | $1.50 | +2.74% |
Quarterly Dividend History
| Quarter | Dividend/Share | YoY Growth |
|---|---|---|
| Q3 2026 | $0.36 | +0.00% |
| Q2 2026 | $0.36 | +0.00% |
| Q1 2026 | $0.36 | +0.00% |
| Q4 2025 | $0.36 | +0.00% |
| Q3 2025 | $0.36 | +0.00% |
| Q2 2025 | $0.36 | +0.00% |
| Q1 2025 | $0.36 | +0.00% |
| Q4 2024 | $0.36 | +3.86% |
| Q3 2024 | $0.36 | +5.90% |
| Q2 2024 | $0.36 | +9.29% |
| Q1 2024 | $0.36 | +36.53% |
| Q4 2023 | $0.35 | +48.48% |
| Q3 2023 | $0.34 | +74.74% |
| Q2 2023 | $0.33 | +69.32% |
| Q1 2023 | $0.26 | — |
| Q4 2022 | $0.23 | — |
| Q3 2022 | $0.20 | +0.00% |
| Q2 2022 | $0.20 | +0.15% |
| Q1 2022 | $0.13 | +0.23% |
| Q4 2021 | $0.26 | -7.70% |
| Q3 2021 | $0.20 | -14.77% |
| Q2 2021 | $0.19 | -15.05% |
| Q1 2021 | $0.13 | -15.12% |
| Q4 2020 | $0.28 | -7.82% |
Dividend Yield Metrics
- Current Yield
- 13.54%
- Average Yield (TTM)
- 13.54%
- Average Yield (3Y)
- 13.04%
- Forward Yield on Cost (3Y)
- 25.07%
- Forward Yield on Cost (5Y)
- 37.81%
- Forward Yield on Cost (10Y)
- 105.60%
Payout Ratio Analysis
- Payout Ratio (Current)
- 132.42%
- FCF Payout Ratio
- 122.01%
- Payout Ratio (3Y Avg)
- 139.43%
- Payout Ratio (5Y Avg)
- 251.42%
- FCF Payout (3Y Avg)
- 95.96%
- FCF Payout (5Y Avg)
- 209.55%
An FCF payout above 100% means dividends exceeded the period's free cash flow, often because of temporarily depressed FCF (one-off capex or working-capital swings) rather than an unfunded dividend. Compare against the earnings payout ratio and the multi-year trend before drawing a conclusion.
Dividend Coverage
About BlackRock Floating Rate Income Trust
BlackRock Floating Rate Income Trust, an investment vehicle established in the United States on August 30, 2004 (originally known as BlackRock Global Floating Rate Income Trust), operates as a closed-end mutual fund concentrating on fixed income. Jointly managed by BlackRock Advisors, LLC and BlackRock Financial Management, Inc., under the umbrella of BlackRock Inc., the Trust strategically allocates capital to fixed income instruments across international markets, with a significant emphasis on opportunities within the United States. Its portfolio primarily comprises corporate bonds issued by companies spanning various sectors. A key characteristic of its investment strategy is maintaining an average effective portfolio duration of no more than 1.5 years.
- Sector
- Financial Services
- Industry
- Asset Management - Income
- CEO
- Charles Choon Sik Park