SmarterDividends
BGT

BlackRock Floating Rate Income Trust

BGT

Financial Services · Stock · monthly payer

Forward Yield

13.51%

Annual Dividend

$1.44

Payout Ratio

203%

5-Yr Growth

9.6%

Ex-Date

Jun 15, 2026

Frequency

Monthly

Dividend Growth

Total dividends per share by year

What is BGT?

BlackRock Floating Rate Income Trust (BGT) is a Financial Services company that pays a monthly dividend currently yielding about 13.51%. Below is its full dividend history, growth record and key data for income investors.

Advantages

  • 9.6% 5-yr dividend growth rate

Risks

  • Elevated payout ratio (203.29%) — less cushion
  • Short dividend growth history
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
13.51%
Payout Ratio
203%
Annual Dividend
$1.44
5-Yr Avg Growth
9.6%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
4
Frequency
monthly
Beta
0.48
Market Cap
$318.0M
P/E Ratio
15.0

Frequently Asked Questions

Income Calculator

At $1.44 / yr per share

Per payment (monthly)$12.00
Annual$144.00
Monthly avg$12.00