Is BlackRock Floating Rate stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, BlackRock Floating Rate pays dividends. Last time was Monday 30th of September 2024 where the investors holding the stock on Monday 16th of September 2024 were paid 0.12028 per share. Over the last 240 times between 2004 and 2024, BlackRock Floating Rate has paid 20.803347 with an average of 0.09 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for BlackRock Floating Rate 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was 12.24, you would have made a profit of 0.530 per share or 4.33%
Yes, the average daily trading liquidity for BlackRock Floating Rate is 105 367 thousand. You should therefore be able to get in and out of your positions relatively fast.
BlackRock Floating Rate has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.34, the company's ability to pay off the debt is normal. BlackRock Floating Rate has a very good net profit margin of 124.95% and should have very high tolerances against inflation.
We have calculated the inflation risk for BlackRock Floating Rate to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.