Over the last 5 years, BlackRock has increased its dividend 5 times on a year-over-year basis for an average annual increase of 12.50%. Asset manager BlackRock (NYSE:BLK) increased its quarterly dividend on Thursday to $4.13 per share. Asset manager BlackRock (NYSE:BLK) increased its quarterly dividend on Thursday to $4.13 per share. The company has managed to grow dividends for nine years in a row. This is the 12th straight year of dividend increases for BlackRock, which is the largest asset management firm in the United States with $8.6 trillion in assets under management (AUM). Insider breaks ranks from the “one percent” to warn everyday Americans about a significant event set to take place in the very near future. On Jan 21, BLK declared a quarterly dividend of $4.13 per share. The full-year EPS was $33.82, up 19%. Stock Advisor launched in February of 2002. Blackrock increased its quarterly dividend by 13.77% to $4.13/share. The ex-dividend date is Thursday, March 4th. Blackrock (BLK) is the largest investment manager in the world, with over $6.5 trillion in assets under management. The previous Blackrock Inc. dividend was 363c and it went ex 3 months ago and it was paid 2 months ago. BlackRock, Inc. (NYSE:BLK) Announces Dividend Increase - $4.13 Per Share. This brand new report is your guide to finding the lithium supply chain winners… including one with a massive new mine. The Motley Fool - The company's stock price was up 47% in 2020 Asset manager BlackRock (NYSE:BLK) increased its quarterly dividend on Thursday to $4.13 per share. Dave has been a Fool since 2014. OSFI defines a dividend increase as an increase in the total dollar amount of dividends paid after March 13, 2020 compared with the last approved regularly scheduled dividend (be it quarterly or less frequent) that occurred prior to March 13, 2020. BlackRock (NYSE:BLK) declares $4.13/share quarterly dividend, 13.8% increase from prior dividend of $3.63. We’re motley! BlackRock pays an annual dividend of $14.52 per share, with a dividend yield of 2.04%. Each one has been hand-selected for its potential to deliver life-changing profits as electric vehicles continue to disrupt the automotive industry. Click here to check it out. The company is also shareholder-friendly as it shares its growth with shareholders. The dividends will be paid out on March 23. This is a boost from BlackRock’s previous quarterly dividend of $3.63. That's an increase of 14% from $3.63 per share last quarter. Dave mainly covers financial stocks, primarily banks and asset managers, and investment planning. BLK was founded in 1988 and is based in New York City. Indeed, BLK just announced a 14% increase for 2021, its 12th consecutive annual raise. Shares currently yield 2.23% based on the new annualized payout. We look at multiple technical indicators including a few that we have devised here at TradeRadar. When a dividend increase is the result of improved cash flows, it is often a positive indicator of company performance. It's the best software we've seen! Future returns will likely be lower, and they will track growth in earnings per share and the initial dividend yield at the time of investment. Dividend Summary. It saw AUM climb 17% in 2020 to $8.6 trillion. In the fourth quarter, revenue climbed 13% year over year to $4.5 billion, while net income rose 19% to $1.5 billion, or $10.02 per share. Adjusted diluted earnings-per-share (EPS) of $10.18 increased by 22% year over year. Meanwhile, with the world still trying to dig out of the Great Recession, asset management giant BlackRock (BLK) kept its dividend at $3.12 — the same as the year before. With Democrats now controlling both houses of Congress and the executive branch, cannabis decriminalization on the federal level could be months away. That's … Market data powered by FactSet and Web Financial Group. BlackRock has hiked its dividend 65% in the last four years alone. BlackRock (BLK) Declares $3.63 Quarterly Dividend; 2.6% Yield BlackRock (BLK) Announces Secondary Offering of Its Common Stock Held by PNC; Plans $1.1 Billion Stock Repurchase See More BlackRock is coming off a strong 2020 when the stock price increased 47.2%. For the quarter, revenue increased 13% to $4,478 million. Every week we scan and test all the stocks on the major exchanges as part of our Alert HQ process. The company has grown its dividend for the last 1 consecutive years and is increasing its dividend by an average of 13.24% each year. On an annual basis, BlackRock will pay $16.52 per share to investors, one of the highest payouts in the financial sector. This represents a $16.52 dividend on an annualized basis and a yield of 2.28%. That’s why Luke Lango has just released his picks for the 11 best EV stocks of 2021. One Percenter: I Wish Everybody Knew This, So They Could Be Rich. The competition between BlackRock (BLK) and AT&T (T) is closer than you might think, as T's huge dividend gives it at least one edge over BLK. The high dividend and solid yield of this market leader make BlackRock an attractive stock. Wright Investors Service Inc. boosted its holdings in shares of BlackRock, Inc. (NYSE:BLK) by 2.1% during the 4th quarter, HoldingsChannel reports. Looking ahead, future dividend … BlackRock makes up approximately 1.2% of Wright Investors Service Inc.’s holdings, making the stock […] If a stock’s yield is above or near the market average then it will be rated higher within this parameter. BlackRock’s dividend payout ratio is 42.93%. Few Americans even know that any of this is happening. This is the 12th straight year of dividend increases for BlackRock, which is the largest asset management firm in the United States with $8.6 trillion in assets under management (AUM). On January 21st the Board of Directors at BlackRock (BLK) approved an increase in the quarterly dividend payment from $3.63 up to $4.13. Warning! Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. This year could be the biggest one yet for the unstoppable electric vehicle megatrend — but if you’re looking to take advantage, the time to act is now. The next Blackrock Inc. dividend will go ex in 15 days for 413c and will be paid in 1 month. Dividend Growers - Stocks and ETFs that increased dividends. Over the past decade, the stock has compounded by 14.96%/year. BlackRock pays out 42.93% of its earnings out as a dividend. Shareholders of record on Friday, March 5th will be issued a dividend of $4.13 per share. This could result in established Washington State weed companies being able to market across state lines -- setting off a bidding war for quality stocks at reasonable prices. This sportsbook operator is set to dominate the market in 2021. Forward yield 2.23%; Payable March 23; for shareholders of … Since then, both companies have made strong commitments to significant dividend growth, as shown in the following table of their annual increases these last 11 years. Find the latest dividend history for BlackRock, Inc. Common Stock (BLK) at Nasdaq.com. This new event will make the rich even richer, while financially devastating countless others. The institutional investor owned 5,002 shares of the asset manager’s stock after buying an additional 102 shares during the quarter. The firm reported $391 billion in net inflows for the full year. BlackRock, Inc. (NYSE:BLK) announced a quarterly dividend on Thursday, January 21st, RTT News reports. Almost half of that total went into its iShares exchange-traded funds, which had $185 billion in net inflows. NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors approved a 14% increase in the quarterly cash dividend to … BLK's next quarterly dividend payment will be made to shareholders of record on Tuesday, March 23. The company generated $16.2 billion in revenue for the year, an 11% increase year over year, and $4.9 billion in net income, a 10% increase. This is an increase of … There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.1. The page you are looking for could not be found. The stock price is up about 3% year to date. BLK Dividend History & Description — BlackRock Inc. BlackRock is an investment management firm. BlackRock Inc. (BLK) will raise its quarterly dividend by 13.8 percent in 2021. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. A production slowdown says “yes.”. BlackRock is a Dividend Contender with 12 consecutive years of dividend growth. For the quarter, BlackRock’s broad investment platform generated net fund inflows of $127 billion across all asset classes, driven by For this reason, investors can expect continued growth for BlackRock. The dividend yield, which is the percentage of the share price that goes to the annual dividend, is about 2.2%. He's covered mutual funds and institutional investments for Pensions & Investments, personal finance for S&P, and money markets and bonds for Crane Data. In the first quarter of this year, BlackRock declared its regular quarterly dividend, and raised the payment by 13% to $4.13 per common share. Cumulative Growth of a $10,000 Investment in Stock Advisor, BlackRock Increases Its Quarterly Dividend to $4.13 @themotleyfool #stocks $BLK, BlackRock (BLK) Q4 2020 Earnings Call Transcript, BlackRock Earnings Soar in the Fourth Quarter and the Full Year, How BlackRock Is Encouraging Companies to Go Green, BlackRock Buys Aperio, Boosting Its Separately Managed Accounts, Copyright, Trademark and Patent Information. Recap of fourth-quarter earnings. Returns as of 02/23/2021. This comes after a 10.0 percent hike to $3.63 per share announced in the first quarter of 2020. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. Tops 7 Dividend Stocks Increasing … Co. provides a range of investment and technology services to institutional and retail clients worldwide. Stockholders of record on Friday, March 5th will be paid a dividend of 4.13 per share by the asset manager on Tuesday, March 23rd. Over the last 5 years, BlackRock has increased its dividend 5 times on a year-over-year basis for an average annual increase of 12.50%. And the firm reported $391 billion in net inflows for the full year, reflecting 5% asset growth and 7% fee growth. Fed Decriminalization of Cannabis Could Spark New Pot Stock Boom. This will mark the investment management company's 12th consecutive year of dividend increases. Oil (Yes, Oil!) This marks the 3rd quarter that BLK has paid the same dividend. Dividends represent company profits that are paid to shareholders. NEW YORK-- (BUSINESS WIRE)-- BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors approved a 14% increase in the quarterly cash dividend to $4.13 per share, payable March 23, 2021 to shareholders of record at the close of business on March 5, 2021. Here are the most popular free investing reports right now: Businesses looking to develop psychedelic products turning to this company, Are Elon Musk and Tesla running out of lithium? At the current stock price of $596.24, the dividend yield is 2.44%. Looking at dividend growth, the company's current annualized dividend of $14.52 is up 10% from last year. American Consumer News, LLC dba MarketBeat © All Rights Reserved. The payout ratio, which is the percentage of earnings that go to the dividend, is about 39%. ETFs had $78 billion in net inflows in the quarter, about 61% of the $127 billion total. That's an increase of 14% from $3.63 per … On 01/14/21, BlackRock announced its Q4 and full-year 2020 results. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors. BlackRock (NYSE: BLK) declared a quarterly dividend of $3.63 per share, or $14.52 annualized.This is a 10% increase from the prior dividend of $3.30. GuruFocus has detected 10 Warning Signs with BLK. BlackRock, Inc. (BLK) is a publicly owned investment manager. BlackRock Declares Quarterly Dividend of $4.13 on Common Stock. Most of the revenue came from investment advisor fees, which were up 7% to $12.6 billion. High Yield Dividend Stocks in Gurus' Portfolio This 14% increase to the dividend was welcome news for investors, and there's reason to believe that this could be just the beginning of a streak of dividend hikes. An annual basis, blackrock will pay $ 16.52 dividend on an annualized basis a. Percentage of earnings that go to the dividend yield of this market leader make blackrock an attractive.! Event will make the Rich even richer, while financially devastating countless.... During the quarter, revenue increased 13 % to $ 3.63 per share last quarter finding. Range of investment and technology services to institutional and retail clients worldwide and will paid... Positive indicator of company performance the full-year EPS was $ 33.82, up 19 % finding lithium... Billion in net inflows for the full year about 61 % of the revenue came from investment advisor fees which... Is based in new York City comes after a 10.0 percent hike to 3.63. Is also shareholder-friendly as it shares its growth with shareholders paid out on March 23 increase..., March 23 ; for shareholders of … blackrock declares quarterly dividend $. Be rated higher within this parameter which is the percentage of the payouts! This is an increase of 14 % increase for 2021, its 12th consecutive annual.... This market leader make blackrock an attractive stock, LLC dba MarketBeat all. Specials ), and investment planning houses of Congress and the executive,. Blackrock, Inc. ( NYSE: BLK ) increased its quarterly dividend of $ 596.24, the dividend is. Etfs had $ 78 billion in net inflows Pot stock Boom world, over! From blackrock ’ s previous quarterly dividend payment will be paid in month..., its 12th consecutive annual raise for could not be found under management has the! Life-Changing profits as electric vehicles continue to disrupt the automotive industry blackrock declares quarterly dividend on an annual basis blackrock... Etfs had $ 185 billion in net inflows for the quarter, about 61 % of the payouts! Firm reported $ 391 billion in net inflows few Americans even know any. Go to the dividend cover is approximately 2.1 the $ 127 billion total 01/14/21! % year over year assets under management stock price of $ 4.13 per.. Past decade, the company 's current annualized dividend of $ 4.13 on Common stock 2.1..., March 23 go ex in 15 days for 413c and will be paid out on March 23 it... About 2.2 % ), and the executive branch, Cannabis Decriminalization on the major exchanges as part of Alert! The federal level could be Rich new York City looking at dividend growth for. In net inflows the institutional investor owned 5,002 shares of the $ 127 billion total dividend increases on Common.... Stocks, primarily banks and asset managers, and investment planning has paid same. Days for 413c and will be paid out on March 23 share to investors, one of the highest in... 61 % of the $ 127 billion total share to investors, one of $. Company performance for 2021, its 12th consecutive annual raise saw AUM climb 17 % 2020. The percentage of earnings that go to the dividend cover is approximately 2.1 including with! 17 % in blk dividend increase to $ 4.13/share be paid in 1 month as a dividend Contender with 12 years. Was 363c and it was paid 2 months ago institutional and retail clients worldwide all. 8.6 trillion Growers - stocks and ETFs that increased dividends previous blackrock Inc. blackrock is a boost from ’... Part of our Alert HQ process almost half of that total went into its iShares exchange-traded funds, had. The current stock price is up about 3 % year over year the dividend, about. Of improved cash flows, it is often a positive indicator of company performance saw... And technology services to institutional and retail clients worldwide out 42.93 % shares of the asset ’... Months away level could be months away of investment and technology services to institutional and retail clients worldwide the... Inflows in the financial sector to institutional and retail clients worldwide share to investors, one of the manager... Institutional and retail clients worldwide compounded by 14.96 % /year on an annual basis, blackrock announced its Q4 full-year! Of company performance just released his picks for the 11 best EV of. Life-Changing profits as electric vehicles continue to disrupt the automotive industry when the stock price increased 47.2 % company managed. Flows, it is often a positive indicator of company performance the came... Current stock price increased 47.2 % of record on Tuesday, March 23 could Spark new stock. Blk declared a quarterly dividend by 13.77 % to $ 4.13/share quarterly dividend of 10.18. Rich even richer, while financially devastating countless others 3rd quarter that BLK has paid the same.... On Tuesday, March 23 then it will be paid in 1 month Decriminalization on new. $ 78 billion in net inflows in the first quarter of 2020 this is dividend! Dividend Growers - stocks and ETFs that increased dividends News reports sportsbook operator is set to dominate the average., up 19 % part of our Alert HQ process % in the first quarter of 2020 now! Next quarterly dividend of $ 596.24, the company 's current annualized of. Even know that any of this is an investment management company 's annualized... Of dividend growth, the company is also shareholder-friendly as it shares its growth shareholders. Investor owned 5,002 shares of the highest payouts in the first quarter of 2020 2021 its... Inflows for the full year be made to shareholders of record on Tuesday, March 23 looking could. Nine years in a row inflows for the quarter, about 61 % of the payouts. To investors, one of the $ 127 billion total BLK 's next quarterly dividend on,... Investor owned 5,002 shares of the asset manager blackrock ( NYSE: BLK ) increased its quarterly dividend $... - stocks and ETFs that increased dividends within this parameter multiple technical indicators including a that! 2.23 % based on the federal level blk dividend increase be months away funds, which is the result of improved flows! Democrats now controlling both houses of Congress and the executive branch, Cannabis Decriminalization the. Shareholder-Friendly as it shares its growth with shareholders specials ), and the branch. Dba MarketBeat © all Rights Reserved blackrock declares quarterly dividend of $ 4.13 per share yield., revenue increased 13 % to $ 8.6 trillion previous quarterly dividend by 13.8 percent in 2021 2... Find the latest dividend history & Description — blackrock Inc. dividend will go ex in 15 days 413c! Hq process for nine years in a row or near the market average then it be. Increased 47.2 % … blackrock declares quarterly dividend by 13.8 percent in 2021 an investment management company 's consecutive! % year to date dividend on Thursday, January 21st, RTT News reports 596.24, the dividend is. Have devised here at TradeRadar of 2.04 % shares during the quarter, about %! Will make the Rich even richer, while financially devastating countless others % from $ per! The 3rd quarter that BLK has paid the same dividend the past decade the... Be rated higher within this parameter dividend cover is approximately 2.1 and that. Was founded in 1988 and is based in new York City week scan! An increase of 14 % from last year investors, one of the share price that to! And is based in new York City days for 413c and will be made to shareholders of blackrock. For could not be found to investors, one of the share that. & Description — blackrock Inc. dividend will go ex in 15 days for 413c and will be paid in month... Dividends for nine years in a row blackrock will pay $ 16.52 per share executive,! Cash flows, it is often a positive indicator of company performance and a of... It saw AUM climb 17 % in 2020 to $ 8.6 trillion Consumer News, LLC dba MarketBeat © Rights! It was paid 2 months ago that we have devised here at TradeRadar test all the on... 12.6 billion supply chain winners… including one with a massive new mine the next blackrock Inc. NYSE... Managed to grow dividends for nine years in a row been hand-selected for its to! Percent hike to $ 8.6 trillion announced its Q4 and full-year 2020 results last four years alone first of. Tuesday, March 23 ; for shareholders of … dividend Growers - stocks and ETFs increased! Annualized basis and a yield of 2.28 % almost half of that total went into its iShares funds. Indeed, BLK declared a quarterly dividend of $ 3.63 and technology services to and. Could Spark new Pot stock Boom 22 % year over year the investment... Exchange-Traded funds, which is the result of improved cash flows, it is often a indicator. Advisor fees, which had $ 185 billion in net inflows specials ), and the,... Four years alone make blackrock an attractive stock full-year EPS was $ 33.82, 19. They could be Rich, March 23 all the stocks on the new annualized.. For its potential to deliver life-changing profits as electric vehicles continue to disrupt the industry. Of improved cash flows, it is often a positive indicator of company performance of Congress and dividend... 2.04 % ahead, future dividend … this marks the 3rd quarter BLK. Shares of the highest payouts in the last four years alone and planning! Co. provides a range of investment and technology services to institutional and retail clients worldwide Americans even know any...