BTZ Distribution History & Yield

BlackRock Credit Allocation Income Trust · NYSE

Closed-end fund Financial Services Monthly payer Closed-end fundHigh yield
$9.98
+0.30% today
as of Sep 8, 2026
TTM yield
10.10%
$1.008/share over the last 12 months
Forward yield
10.10%
$1.008/share indicated annual rate
Annual distribution
$1.008
per share, forward
Per payment
$0.084
per share, every month
Frequency
Monthly
12 payments a year
Next ex-distribution date
Sep 15, 2026 Declared
in 7 days
Next pay date
Sep 29, 2026
in 21 days
Last ex-distribution date
Aug 14, 2026
$0.084 per share
Expense ratio
n/a
assets n/a
Consistency
100/100
very stable payouts
5y distribution CAGR
+0.0%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
19.5
since Feb 22, 2007
1y total return
-0.1%
price -9.3% + distributions 9.2%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 15, 2026 (in 7 days) Sep 29, 2026 $0.084 $8.40 Declared
Thu, Oct 15, 2026 (in 37 days) Oct 29, 2026 $0.084 $8.40 Estimated
Sat, Nov 14, 2026 (in 67 days) Nov 28, 2026 $0.084 $8.40 Estimated
Mon, Dec 14, 2026 (in 97 days) Dec 28, 2026 $0.084 $8.40 Estimated
Wed, Jan 13, 2027 (in 127 days) Jan 27, 2027 $0.084 $8.40 Estimated
Fri, Feb 12, 2027 (in 157 days) Feb 26, 2027 $0.084 $8.40 Estimated
Sun, Mar 14, 2027 (in 187 days) Mar 28, 2027 $0.084 $8.40 Estimated
Tue, Apr 13, 2027 (in 217 days) Apr 27, 2027 $0.084 $8.40 Estimated
Thu, May 13, 2027 (in 247 days) May 27, 2027 $0.084 $8.40 Estimated
Sat, Jun 12, 2027 (in 277 days) Jun 26, 2027 $0.084 $8.40 Estimated
Mon, Jul 12, 2027 (in 307 days) Jul 26, 2027 $0.084 $8.40 Estimated
Wed, Aug 11, 2027 (in 337 days) Aug 25, 2027 $0.084 $8.40 Estimated

Estimated dates and amounts are projected from BTZ's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.008 per share.

Distribution payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from May 12, 2023 to Aug 14, 2026; most recent $0.084$0.00$0.05$0.10May 12, 2023: $0.084May '23Jun 14, 2023: $0.084Jul 13, 2023: $0.084Aug 14, 2023: $0.084Sep 14, 2023: $0.084Oct 13, 2023: $0.084Oct '23Nov 14, 2023: $0.084Dec 14, 2023: $0.084Jan 11, 2024: $0.084Feb 14, 2024: $0.084Mar 14, 2024: $0.084Mar '24Apr 12, 2024: $0.084May 14, 2024: $0.084Jun 14, 2024: $0.084Jul 15, 2024: $0.084Aug 15, 2024: $0.084Aug '24Sep 16, 2024: $0.084Oct 15, 2024: $0.084Nov 15, 2024: $0.084Dec 16, 2024: $0.084Jan 15, 2025: $0.084Jan '25Feb 14, 2025: $0.084Mar 14, 2025: $0.084Apr 15, 2025: $0.084May 15, 2025: $0.084Jun 13, 2025: $0.084Jun '25Jul 15, 2025: $0.084Aug 15, 2025: $0.084Sep 15, 2025: $0.084Oct 15, 2025: $0.084Nov 14, 2025: $0.084Nov '25Dec 22, 2025: $0.084Jan 20, 2026: $0.084Feb 13, 2026: $0.084Mar 13, 2026: $0.084Apr 15, 2026: $0.084Apr '26May 15, 2026: $0.084Jun 15, 2026: $0.084Jul 15, 2026: $0.084Aug 14, 2026: $0.084

Annual distributions per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$0.60$1.202017: $0.836$0.83620172018: $0.804$0.80420182019: $0.872$0.87220192020: $1.008$1.00820202021: $1.008$1.00820212022: $0.924$0.92420222023: $1.008$1.00820232024: $1.008$1.00820242025: $1.008$1.00820252026 (YTD): $0.672$0.6722026 YTD

How much BTZ do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,191$11,881$1,200
$500 / month5,953$59,405$6,000
$1,000 / month11,905$118,810$12,000

Based on the forward yield of 10.10%. $10,000 in BTZ would currently pay about $1,010 a year ($84 a month on average). Model reinvestment and growth →

BTZ distribution history

Show all 235 payments
Ex-datePay dateAmountChange
Aug 14, 2026 $0.084 +0.0%
Jul 15, 2026 $0.084 +0.0%
Jun 15, 2026 $0.084 +0.0%
May 15, 2026 $0.084 +0.0%
Apr 15, 2026 $0.084 +0.0%
Mar 13, 2026 $0.084 +0.0%
Feb 13, 2026 $0.084 +0.0%
Jan 20, 2026 $0.084 +0.0%
Dec 22, 2025 $0.084 +0.0%
Nov 14, 2025 $0.084 +0.0%
Oct 15, 2025 $0.084 +0.0%
Sep 15, 2025 $0.084 +0.0%
Aug 15, 2025 $0.084 +0.0%
Jul 15, 2025 $0.084 +0.0%
Jun 13, 2025 $0.084 +0.0%
May 15, 2025 $0.084 +0.0%
Apr 15, 2025 $0.084 +0.0%
Mar 14, 2025 $0.084 +0.0%
Feb 14, 2025 $0.084 +0.0%
Jan 15, 2025 $0.084 +0.0%
Dec 16, 2024 $0.084 +0.0%
Nov 15, 2024 $0.084 +0.0%
Oct 15, 2024 $0.084 +0.0%
Sep 16, 2024 $0.084 +0.0%

Payout risk check

Distribution stabilityLow risk

BTZ's last 12 distributions were very stable (consistency score 100/100).

Its share price moved -9.3% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About BlackRock Credit Allocation Income Trust

BlackRock Credit Allocation Income Trust is a closed ended balanced mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. It invests in the fixed income markets across the globe. For the fixed income portion of the portfolio, the fund primarily invests in securities with an average credit quality of BBB by Standard & Poor's Corporation. It invests in investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives. The fund was formerly known as BlackRock Preferred & Equity Advantage Trust.

First distribution on our records: Feb 22, 2007. 235 payments tracked.

BTZ distribution FAQ

When is BTZ's next ex-distribution date?

BTZ's next ex-distribution date is Sep 15, 2026 (in 7 days, declared by the fund). You must own the shares before that date to receive the payment of about $0.084 per share, expected on Sep 29, 2026.

How often does BTZ pay distributions?

BTZ pays distributions every month, 12 times a year. The most recent payment was $0.084 per share with an ex-date of Aug 14, 2026.

What is BTZ's distribution yield?

BTZ's trailing 12-month distribution yield is 10.10%, based on $1.008 per share paid over the last year and a share price of $9.98. The forward yield, using the indicated annual rate of $1.008 per share, is 10.10%.

How much does BTZ pay per share?

BTZ pays about $0.084 per share each month, which works out to roughly $1.008 per share a year. 100 shares would collect about $100.80 a year.

Has BTZ grown or cut its distribution?

Over the last 5 years the regular payout has been flat at 0.0% a year (+0.0% over the last year). There has been no cut to a regular payment in the last 5 years. As a fund, BTZ's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of BTZ do I need to earn $100 a month?

At the current forward yield of 10.10%, you would need about 1,191 shares of BTZ (roughly $11,881 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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