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BlackRock Short-Term California Muni Bond ETF (CALY) logo

BlackRock Short-Term California Muni Bond ETF

S&P 500

CALY/Consumer Cyclical · Leisure/NASDAQ

Dividend Yield

0.22%

$0.04 · Annual Dividend

Stock Price$18.48P/E70.1MCap3.2BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

66/ 100Safe

CALY's dividend appears safe and well-supported. Strengths include a 0.0% earnings payout ratio & 0.0% fcf payout ratio. Areas of concern: 2.4x interest coverage & 2.2% return on equity.

Based on 12 of 15 metrics

Strengths

  • Earnings Payout Ratio: 0.0%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 0.0%Free cash flow comfortably covers the dividend.
  • Current Ratio: 2.3xStrong short-term liquidity to meet obligations.

Risks

  • Return on Equity: 2.2%Return on equity is below industry norms.
  • 5-Year Dividend CAGR: -12.9%Dividend growth has been weak or negative.
  • Interest Coverage: 2.4xInterest coverage is thin relative to debt servicing.

Payout & Coverage

Safe

Balance Sheet

Very Safe
2.3xVery Safe
31.8Very Safe

Profitability

Caution

Dividend Track Record

Caution
6+ yrsCaution
NoneVery Safe

About BlackRock Short-Term California Muni Bond ETF

Callaway Golf Company designs, manufactures, and sells golf equipment, golf and lifestyle apparel, and other accessories in the United States, Europe, Asia, and Internationally. It operates in two business segments: Golf Equipment; and Apparel, Gear and Other. The company provides drivers, fairway woods, hybrids, irons, and wedges under the Callaway brands; packaged sets under the Callaway and Strata brands; and putters under Odyssey brand. It designs, manufactures, and sells golf clubs, golf balls, apparel, bags, and other accessories under TravisMathew and OGIO brand. It sells its products through golf retailers, sporting goods retailers, online retailers, mass merchants, department stores, third-party distributors, and merchants, and directly to consumers through its retail stores and websites. The company was formerly known as Topgolf Callaway Brands Corp. and changed its name to Callaway Golf Company in January 2026. The company was incorporated in 1982 and is headquartered in Carlsbad, California.

Dividend Overview

Dividend Yield

0.22%

Annual Dividend

$0.04

Frequency

Quarterly

Payout Ratio

0.00%

FCF Payout Ratio

0.00%

52-Week Range

$7.84 - $18.63

Dividend History (2016–2025)

CALY annual dividend per share and yield history

Earnings & Profitability

CALY earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 26, 2020

Next Payment Date

Dividend Growth

3-Year Dividend CAGR

-20.63%

5-Year Dividend CAGR

-12.94%

10-Year Dividend CAGR

N/A

3-Year Total Growth

-50.00%

5-Year Total Growth

-50.00%

10-Year Total Growth

N/A

Income Calculator

CALY Dividend Calculator

Total Investment

$1,848.00

Annual Income

$4.00

Quarterly Income

$1.00

Monthly Income

$0.33

Frequently Asked Questions

What is CALY's current dividend yield?
BlackRock Short-Term California Muni Bond ETF (CALY) currently has a dividend yield of 0.22%, based on a stock price of $18.48 and an annual dividend of $0.04.
When is CALY's next dividend payment date?
CALY's next ex-dividend date is 2020-05-26 and the next payment date is —. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does CALY pay in dividends per year?
BlackRock Short-Term California Muni Bond ETF paid $0.02 per share in annual dividends in 2020. The dividends are paid quarterly.
Has CALY been increasing its dividend?
BlackRock Short-Term California Muni Bond ETF has grown its dividend at a 5-year CAGR of -12.94%.
Is CALY's dividend safe?
BlackRock Short-Term California Muni Bond ETF has a payout ratio of 0.00%. Its free cash flow payout ratio is 0.00%. A payout ratio below 60% is generally considered sustainable.
How is CALY's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates BlackRock Short-Term California Muni Bond ETF's dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for consumer cyclical companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.