BlackRock Set to Go Ex-Dividend with Stable Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Source: Yahoo Finance
- Ex-Dividend Date Approaching: BlackRock will go ex-dividend on June 5, requiring investors to hold shares before this date to receive a dividend of $5.73 per share, ensuring shareholder rights to returns.
- Dividend Payment Overview: Over the past 12 months, BlackRock has paid a total of $22.92 per share, with a current stock price of $1,046.88, resulting in a dividend yield of approximately 2.2%, demonstrating the company's ability to provide stable returns.
- Earnings and Dividend Growth: BlackRock's earnings per share have grown at an annual rate of 4.6% over the last five years, while the average annual dividend growth rate over the past decade is 10%, indicating a commitment to rewarding shareholders alongside earnings growth.
- Dividend Sustainability Analysis: With a payout ratio of 53%, which is common in the industry, BlackRock shows a capacity to maintain dividend payments based on earnings, although future earnings sustainability remains a critical factor to monitor.
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Analyst Views on BLK
Wall Street analysts forecast BLK stock price to rise
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 1018.960
Low
1209
Averages
1354
High
1550
Current: 1018.960
Low
1209
Averages
1354
High
1550
About BLK
BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology and subscription services to institutional and retail clients. Its diverse platforms of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enable it to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
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.
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