BFZ Dividend History & Analysis | 6.8% Yield

BFZ has a dividend yield of 6.8% and paid 0.74 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 6.83%
Payout Ratio 526.2%
Growth Rate CAGR 5y 4.86%
Consistency Lifetime 94.6%
Yield on Cost 5y 6.64%
Payout FCF -
Streak Years 25
Dividend Rating 71.10%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 5.1%
Total Return 5y: -0.7%

Top Dividend Payers in Asset Management & Custody Banks

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
ECC 709 M 24.3% 44.7%
OXLC 1,177 M 28.3% 29.2%
ECAT 1,534 M 22.0% 36.5%
OCCI 129 M 24.3% 30.5%
BCAT 1,540 M 22.4% 31.2%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
ECAT 1,534 M 144% 91.7%
FSCO 1,204 M 105% 90.0%
OPFI 831 M 108% 100%
SUNS 126 M 90.5% 100%
OWL 21,322 M 60.1% 100%

Quality Dividend Peers in Asset Management & Custody Banks

BUI
BlackRock Utility
 10.47% Yield
GNT
GAMCO Natural Resources
 7.98% Yield
GAM
General American
 11.74% Yield
BK
The Bank of New York
 2.10% Yield
TRIN
Trinity Capital
 14.80% Yield
TBLD
Thornburg Income
 6.56% Yield

BFZ Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-02-06 2026-02-06 2026-03-02 Monthly 0.0507 -0.6% 0.46%
2026-01-20 2026-01-20 2026-02-02 Monthly 0.051 0% 0.46%
2025-12-22 2025-12-22 2025-12-31 Monthly 0.051 -13.6% 0.48%
2025-11-14 2025-11-14 2025-12-01 Monthly 0.059 0% 0.54%
2025-10-15 2025-10-15 2025-11-03 Monthly 0.059 0% 0.54%
2025-09-15 2025-09-15 2025-10-01 Monthly 0.059 0% 0.54%
2025-08-15 2025-08-15 2025-09-02 Monthly 0.059 0% 0.56%
2025-07-15 2025-07-15 2025-07-31 Monthly 0.059 0% 0.55%
2025-06-13 2025-06-13 2025-07-01 Monthly 0.059 0% 0.55%
2025-05-15 2025-05-15 2025-06-02 Monthly 0.059 0% 0.54%
2025-04-15 2025-04-15 2025-05-01 Monthly 0.059 0% 0.56%
2025-03-14 2025-03-14 2025-04-01 Monthly 0.059 0% 0.53%
2025-02-14 2025-02-14 2025-03-03 Monthly 0.059 0% 0.52%
2025-01-15 2025-01-15 2025-02-03 Monthly 0.059 0% 0.52%
2024-12-16 2024-12-16 2024-12-31 Monthly 0.059 0% 0.5%
2024-11-15 2024-11-15 2024-12-02 Monthly 0.059 0% 0.51%
2024-10-15 2024-10-15 2024-11-01 Monthly 0.059 0% 0.49%
2024-09-16 2024-09-16 2024-10-01 Monthly 0.059 0% 0.48%
2024-08-15 2024-08-15 2024-09-03 Monthly 0.059 0% 0.5%
2024-07-15 2024-07-15 2024-08-01 Monthly 0.059 0% 0.49%
2024-06-14 2024-06-14 2024-07-01 Monthly 0.059 15.7% 0.49%
2024-05-14 2024-05-15 2024-06-03 Monthly 0.051 0% 0.44%
2024-04-12 2024-04-15 2024-05-01 Monthly 0.051 0% 0.44%
2024-03-14 2024-03-15 2024-04-01 Monthly 0.051 0% 0.43%
2024-02-14 2024-02-15 2024-03-01 Monthly 0.051 0% 0.44%
2024-01-11 2024-01-12 2024-02-01 Monthly 0.051 -1.9% 0.43%
2023-12-14 2023-12-15 2023-12-29 Other 0.052 33.3% 0.45%
2023-11-14 2023-11-15 2023-12-01 Monthly 0.039 0% 0.36%
2023-10-13 2023-10-16 2023-11-01 Monthly 0.039 0% 0.37%
2023-09-14 2023-09-15 2023-10-02 Monthly 0.039 0% 0.35%
2023-08-14 2023-08-15 2023-09-01 Monthly 0.039 0% 0.34%
2023-07-13 2023-07-14 2023-07-31 Monthly 0.039 0% 0.33%
2023-06-14 2023-06-15 2023-07-03 Monthly 0.039 0% 0.33%
2023-05-12 2023-05-15 2023-06-01 Monthly 0.039 0% 0.33%
2023-04-13 2023-04-14 2023-05-01 Monthly 0.039 0% 0.33%
2023-03-14 2023-03-15 2023-04-03 Monthly 0.039 0% 0.35%
2023-02-14 2023-02-15 2023-03-01 Monthly 0.039 14.7% 0.35%
2023-01-12 2023-01-13 2023-02-01 Monthly 0.034 -5.6% 0.31%
2022-12-15 2022-12-16 2022-12-30 Other 0.036 5.9% 0.33%
2022-11-14 2022-11-15 2022-12-01 Monthly 0.034 0% 0.33%
2022-10-13 2022-10-14 2022-11-01 Monthly 0.034 -20.9% 0.33%
2022-09-14 2022-09-15 2022-10-03 Monthly 0.043 0% 0.39%
2022-08-12 2022-08-15 2022-09-01 Monthly 0.043 0% 0.36%
2022-07-14 2022-07-15 2022-08-01 Monthly 0.043 0% 0.38%
2022-06-14 2022-06-15 2022-07-01 Monthly 0.043 0% 0.39%
2022-05-13 2022-05-16 2022-06-01 Monthly 0.043 0% 0.39%
2022-04-13 2022-04-14 2022-05-02 Monthly 0.043 0% 0.37%
2022-03-14 2022-03-15 2022-04-01 Monthly 0.043 0% 0.34%
2022-02-14 2022-02-15 2022-03-01 Monthly 0.043 0% 0.33%
2022-01-13 2022-01-14 2022-02-01 Monthly 0.043 0% 0.31%

BFZ Dividend FAQ

BlackRock California Municipal Income Trust (NYSE: BFZ) is a closed-ended, fixed-income mutual fund launched on July 31 2001 and domiciled in the United States. Managed by BlackRock Advisors, LLC, the fund concentrates on investment-grade municipal bonds that are exempt from both federal and California income taxes, positioning it as a tax-efficient vehicle for investors seeking stable, after-tax income.

What is the Dividend Yield of BFZ?

As of February 2026, BFZ`s dividend yield is 6.83%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.74 USD by the current share price of 11.11.

Does BFZ pay a dividend?

As of February 2026, BFZ paid a dividend of 0.74 USD in the last 12 months. The last dividend was paid on 2026-02-06 and the payout was 0.0507 USD.

How often does BFZ pay dividends?

BFZ pays dividends monthly. Over the last 12 months, BFZ has issued 13 dividend payments. The last dividend payment was made on 2026-02-06.

BFZ dividend forecast

Based on historical data, the forecasted dividends per share for BFZ for the next 4 payments are between 0.055 (+8.5%) and 0.056 (+10.5%).
This indicates a solid dividend increase compared to the last payment.

Will BFZ pay dividends in 2026?

The latest dividend paid per share was 0.0507 USD with an Ex-Dividend Date of 2026-02-06. The next Ex-Dividend date for BlackRock California (BFZ) is currently unknown.

What is the next Ex-Dividend Date for BFZ?

The next Ex-Dividend date for BlackRock California (BFZ) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of BFZ?

BFZ's average dividend growth rate over the past 5 years is 4.86% per year.
Strong growth: BFZ's Dividend growth is outpacing inflation.

What is the Yield on Cost of BFZ?

BFZ's 5-Year Yield on Cost is 6.64%. If you bought BFZ's shares at 11.18 USD five years ago, your current annual dividend income (0.74 USD per share, trailing 12 months) equals 6.64% of your original purchase price.

What is the Payout Consistency of BFZ?

BFZ Payout Consistency is 94.6%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: BlackRock California has a strong track record of consistent dividend payments over its lifetime.

Does BFZ have a good Dividend Yield?

BFZ`s 6.83% Dividend Yield is considered as high. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of BFZ?

The Dividend Payout Ratio of BFZ is 526.2%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of BFZ?

BFZ`s Overall Dividend Rating is 71.10%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

BFZ Outstanding Shares Analysis

What is the Trend in BFZ's Outstanding Shares?

BlackRock California's outstanding shares have decreased by approximately 0% annually over the past 3 years (Trend Reliability: 0.0%).

Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has BFZ ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

Year Number of Shares Annual Growth Rate
2010 31,830,000
2011 31,830,000
2012 31,864,300 +0.11%
2013 31,874,100 +0.03%
2014 31,874,200 +0%
2015 31,874,200
2016 31,902,900 +0.09%
2017 31,903,900 +0%
2018 31,905,400 +0%
2019 31,902,900 -0.01%
2020 31,341,700 -1.76%
2021 31,341,700
2022 30,471,900 -2.78%
2023 30,063,600 -1.34%
2024 30,063,600
2025 30,063,600

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-07 03:24