Looking at the universe of stocks we cover at Dividend Channel, on 5/13/13, BlackRock Floating Rate Income Trust (BGT) will trade ex-dividend, for its monthly dividend of $0.0775, payable on 5/31/13. As a percentage of BGT's recent stock price of $16.09, this dividend works out to approximately 0.48%.
Below is a dividend history chart for BGT, showing historical dividends prior to the most recent $0.0775 declared by BlackRock Floating Rate Income Trust:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from BGT is likely to continue, and whether the current estimated yield of 5.78% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of BGT shares, versus its 200 day moving average:Looking at the chart above, BGT's low point in its 52 week range is $13.70 per share, with $16.24 as the 52 week high point — that compares with a last trade of $16.09.
In Thursday trading, BlackRock Floating Rate Income Trust shares are currently off about 0.2% on the day.