BlackRock Capital Allocation Trust announces dividend of $0.262
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 15 2025
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Should l Buy BCAT?
Source: SeekingAlpha
- Dividend Declaration: BlackRock Capital Allocation Trust (BCAT) has declared a monthly dividend of $0.262 per share.
- Payment Details: The dividend is payable on December 31 to shareholders of record as of December 22, with an ex-dividend date also on December 22.
- Yield Insights: There are indications that the elevated yield of BCAT may not be sustainable in the long term.
- Rating Information: Seeking Alpha has provided a Quant Rating and a dividend scorecard for BlackRock Capital Allocation Trust.
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Analyst Views on BCAT
About BCAT
BlackRock Capital Allocation Term Trust (Trust), formerly BlackRock Capital Allocation Trust, is a non-diversified, closed-end management investment company. The Trust’s investment objectives are to provide total return and income through a combination of current income, current gains, and long-term capital appreciation. The Trust invests in a portfolio of equity and debt securities. The Trust invest in all types of debt securities, including United States and foreign government bonds, corporate bonds, convertible bonds, municipal bonds, structured notes, credit-linked notes, loan assignments and participations, mortgage- and asset-backed securities, and securities issued or guaranteed by certain international organizations such as the World Bank. The Trust also buys debt securities of varying maturities, debt securities paying a fixed or fluctuating rate of interest, and debt securities of any kind. The Trust’s investment adviser is BlackRock Advisors, LLC.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Distribution Frequency Change: Certain BlackRock closed-end funds have announced a shift from monthly to quarterly distributions to enhance visibility on future payouts, thereby boosting investor confidence and optimizing liquidity.
- Distribution Amount Overview: For instance, the BlackRock Municipal 2030 Target Term Trust (BTT) has a monthly distribution of $0.046400, indicating stable cash flow that is expected to attract more investors seeking reliable income.
- Managed Distribution Plan: The BlackRock Capital Allocation Term Trust (BCAT) and BlackRock ESG Capital Allocation Term Trust (ECAT) have adopted a managed distribution plan to ensure a monthly distribution rate of 20% of each fund's 12-month rolling average net asset value, maintaining investor yield expectations.
- Tax Compliance Notices: All funds have sent Section 19 notices to shareholders to comply with the Investment Company Act of 1940, enhancing transparency and assisting investors in understanding the sources and tax characteristics of distributions.
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- Distribution Amounts Announced: BlackRock's various funds announced distributions for February 27, 2026, with BCX distributing $0.0697 per share and BME distributing $0.2621 per share, indicating the company's ongoing cash flow and profitability.
- Managed Distribution Plan: All funds have adopted a managed distribution plan to ensure stable monthly distributions, with BCAT and ECAT's distributions based on 20% of their 12-month rolling average net asset value, reflecting the company's robust capital management strategy.
- Transparent Sources of Income: The sources of distributions for each fund include net income, short-term, and long-term capital gains, with BCX's distribution being 100% return of capital, showcasing its adaptability in the current market environment.
- Increased Investor Confidence: The distribution plans and transparent income sources of BlackRock funds are expected to enhance investor confidence, promote capital inflows, and further support the company's long-term growth strategy.
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- Distribution Amounts Announced: BlackRock's various funds announced per-share distributions for January 30, 2026, with BCX at $0.0697 and BME at $0.2621, reflecting the company's ongoing commitment to stable income distribution.
- Managed Distribution Plan: All funds have adopted a managed distribution plan to ensure monthly distributions of income, capital gains, or return of capital, aimed at providing investors with consistent cash flow and enhancing investor confidence.
- Transparent Sources of Income: As of January 30, 2026, the sources of distributions for each fund include net income and return of capital, with 76% of BCX's distribution coming from capital return, indicating a diverse income structure.
- Long-term Investment Strategy: The distribution plans of BlackRock funds are expected to exceed current income and capital gains, potentially including return of capital, demonstrating the company's strategic flexibility in managing market volatility and maintaining investor returns.
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- Distribution Plan Announcement: BlackRock Resources & Commodities Strategy Trust (BCX) plans to distribute $0.0697 per share on December 31, 2025, demonstrating the company's ongoing commitment to stable income distribution aimed at attracting more investor interest in its funds.
- Transparent Income Sources: The distribution for BCX will include $0.037414 from net income and $0.032286 from return of capital, indicating effective management of investment returns and capital returns, which enhances investor confidence.
- Diverse Distribution Strategy: Other BlackRock funds such as BDJ and BGR will also pay distributions of $0.174930 and $0.097300 respectively, reflecting the company's flexibility in adjusting distribution strategies across different market conditions to maintain investor appeal.
- Long-Term Earnings Outlook: BlackRock funds expect distributions for the fiscal year 2025 to exceed net income, potentially including return of capital, a strategy that not only helps maintain distribution stability but may also impact the funds' net asset values, showcasing the company's ability to respond to future market fluctuations.
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- Dividend Declaration: BlackRock Capital Allocation Trust (BCAT) has declared a monthly dividend of $0.262 per share.
- Payment Details: The dividend is payable on December 31 to shareholders of record as of December 22, with an ex-dividend date also on December 22.
- Yield Insights: There are indications that the elevated yield of BCAT may not be sustainable in the long term.
- Rating Information: Seeking Alpha has provided a Quant Rating and a dividend scorecard for BlackRock Capital Allocation Trust.
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- Distribution Announcement: BlackRock Enhanced Large Cap Core Fund (CII) declared a December distribution of $0.141 per share for 2025, reflecting the company's ongoing commitment to providing stable returns to investors.
- Special Distribution Notification: CII also announced a special distribution of $0.113 per share on November 14, 2025, aimed at boosting investor confidence and attracting further investments.
- Tax Compliance Measures: To comply with Section 19 of the Investment Company Act of 1940, all funds have sent notices to shareholders, ensuring transparency and adherence to regulatory requirements.
- Managed Distribution Plan: BlackRock Capital Allocation Term Trust (BCAT) and BlackRock ESG Capital Allocation Term Trust (ECAT) have adopted a managed distribution plan to ensure a monthly distribution rate of 20%, supporting stable investment returns.
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