BlackRock Floating Rate Income Trust (BGT) Dividend
BlackRock Floating Rate Income Trust (BGT) currently pays a dividend yield of 13.22%, distributing $1.44 per share annually ($0.12 per month). The company operates in the Financial Services sector.
BGT dividend at a glance
| Dividend Yield | 13.22% |
|---|---|
| Annual Dividend | $1.44 per share |
| Per Payment | $0.12 |
| Payout Frequency | Monthly |
| Payments per Year | 12 |
| Next Ex-Dividend Date | August 15, 2026 |
| Next Payment Date | September 5, 2026 |
| Payout Ratio | 203% |
| Sector | Financial Services |
| Implied Share Price (from yield) | $10.89 |
What BGT pays on a $10,000 investment
At a 13.22% yield, $10,000 invested in BGT generates about $1,322.00 per year, or roughly $110.17 every month. Share counts below use an implied price of $10.89, derived from the $1.44 annual dividend and the 13.22% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Month |
|---|---|---|---|
| $1,000 | 91.8 | $132.20 | $11.02 |
| $5,000 | 459 | $661.00 | $55.08 |
| $10,000 | 918.1 | $1,322.00 | $110.17 |
| $25,000 | 2,295.1 | $3,305.00 | $275.42 |
| $100,000 | 9,180.6 | $13,220.00 | $1,101.67 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each month — see how the dividend snowball compounds.
BGT dividend payment schedule
BGT pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is August 15, 2026, with payment on September 5, 2026. Later rows are projected forward at the same interval and will shift when BlackRock Floating Rate Income Trust declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| August 15, 2026 | September 5, 2026 | $0.12 | Confirmed |
| September 15, 2026 | October 6, 2026 | $0.12 | Projected |
| October 15, 2026 | November 5, 2026 | $0.12 | Projected |
| November 15, 2026 | December 6, 2026 | $0.12 | Projected |
| December 15, 2026 | January 5, 2027 | $0.12 | Projected |
| January 15, 2027 | February 5, 2027 | $0.12 | Projected |
To collect a BGT dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How BGT's dividend compares
Across the 584 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.75%. BGT's 13.22% is 9.46 percentage points above that median, ranking 112th of 584 by yield.
Within Financial Services, where we track 102 names, the median yield is 9.22% — putting BGT above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
What the numbers mean
BGT pays out roughly 203% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
BGT pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
BGT dividend FAQ
When is the next BGT ex-dividend date?
The next BGT ex-dividend date is August 15, 2026, with the payment scheduled for September 5, 2026. You must own shares before the ex-dividend date to receive that payment.
What is BGT's dividend yield?
BGT currently yields 13.22%, based on $1.44 in dividends per share over the past year.
How often does BGT pay dividends?
BGT pays monthly, which works out to 12 payments per year of about $0.12 per share.
How much dividend income would $10,000 of BGT generate?
At the current 13.22% yield, $10,000 invested in BGT would produce roughly $1,322.00 per year, or about $110.17 per month, before taxes and assuming the dividend holds.
Is BGT a Dividend Aristocrat?
No. BGT is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.
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Track BGT dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.