BlackRock's most recent quarterly dividend was on Mar 6, 2023 (ex-date) with a cash dividend payment of $5 per share. On an annualized basis, the company has a current payout of $19.64 per share. This brings the dividend yield to 2.99% based on its recent close price. The latest dividend has increased by $0.12, or 2.5% from the previous payment.
BlackRock's dividend yield of 2.99% is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.91%, BlackRock's dividend yield is 24% lower. Historically BLK's dividend yield has averaged at 2.5% in the last 5 years, which is less than the current one.
BlackRock has been paying dividends since 2003. BLK has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 14% for the last year. And since the stock price has gone down by 1.7% from a year ago, the dividend yield has increased by 16%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 6, 2023 | Mar 23, 2023 | Jan 25, 2023 | $5 | normal |
| Dec 6, 2022 | Dec 23, 2022 | Nov 10, 2022 | $4.88 | normal |
| Sep 6, 2022 | Sep 23, 2022 | Jul 13, 2022 | $4.88 | normal |
| Jun 3, 2022 | Jun 23, 2022 | May 25, 2022 | $4.88 | normal |
| Mar 4, 2022 | Mar 23, 2022 | Jan 14, 2022 | $4.88 | normal |
| Dec 6, 2021 | Dec 23, 2021 | Nov 17, 2021 | $4.13 | normal |
| Sep 3, 2021 | Sep 22, 2021 | Jul 21, 2021 | $4.13 | normal |
| Jun 3, 2021 | Jun 23, 2021 | May 26, 2021 | $4.13 | normal |
| Mar 4, 2021 | Mar 23, 2021 | Jan 21, 2021 | $4.13 | normal |
| Dec 3, 2020 | Dec 21, 2020 | Nov 19, 2020 | $3.63 | normal |
| Sep 3, 2020 | Sep 22, 2020 | Jul 15, 2020 | $3.63 | normal |
| Jun 4, 2020 | Jun 23, 2020 | May 21, 2020 | $3.63 | normal |
| Mar 4, 2020 | Mar 23, 2020 | Jan 29, 2020 | $3.63 | normal |
| Dec 5, 2019 | Dec 23, 2019 | Nov 19, 2019 | $3.3 | normal |
| Sep 4, 2019 | Sep 24, 2019 | Jul 17, 2019 | $3.3 | normal |
| Jun 5, 2019 | Jun 20, 2019 | May 23, 2019 | $3.3 | normal |
| Mar 5, 2019 | Mar 21, 2019 | Jan 16, 2019 | $3.3 | normal |
| Dec 6, 2018 | Dec 26, 2018 | Nov 20, 2018 | $3.13 | normal |
| Sep 6, 2018 | Sep 24, 2018 | Jul 17, 2018 | $3.13 | normal |
| Jun 6, 2018 | Jun 21, 2018 | May 23, 2018 | $2.88 | normal |
| Mar 6, 2018 | Mar 22, 2018 | Jan 12, 2018 | $2.88 | normal |
| Dec 1, 2017 | Dec 21, 2017 | Nov 16, 2017 | $2.5 | normal |
| Aug 31, 2017 | Sep 22, 2017 | Jul 20, 2017 | $2.5 | normal |
| Jun 1, 2017 | Jun 23, 2017 | May 25, 2017 | $2.5 | normal |
| Mar 2, 2017 | Mar 23, 2017 | Jan 13, 2017 | $2.5 | normal |
| Dec 8, 2016 | Dec 23, 2016 | Nov 30, 2016 | $2.29 | normal |
| Aug 31, 2016 | Sep 23, 2016 | Jul 20, 2016 | $2.29 | normal |
| Jun 2, 2016 | Jun 23, 2016 | May 25, 2016 | $2.29 | normal |
| Mar 3, 2016 | Mar 23, 2016 | $2.29 | normal | |
| Dec 1, 2015 | Dec 23, 2015 | Nov 17, 2015 | $2.18 | normal |
| Aug 31, 2015 | Sep 22, 2015 | $2.18 | normal |
BlackRock's payout ratio of 60.3% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 32.1%, BlackRock's payout ratio is 88% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AB Alliancebernstein Holding Lp | 7.79% | $2.71 | 112% |
| IVZ Invesco Ltd | 5.31% | $0.76 | 54.5% |
| PNC Pnc Financial Services Group Inc | 5.18% | $6 | 41% |
| BAC Bank Of America Corp | 3.13% | $0.87 | 26% |
| BLK BlackRock Inc | 2.99% | $19.64 | 60.3% |
Yes, BlackRock has been paying dividends for the last 20 years.
BLK's next dividend date is Jun 7, 2023 (ex-date).
BlackRock's last dividend ex-date was on Mar 6, 2023. The dividend amount was $5 per share.
BLK's annualized dividend per share is $19.64.
Currently BlackRock's dividend yield is 2.99%.
BlackRock pays dividends quarterly.
The dividend payout ratio of BlackRock is 60.3%.
BlackRock's dividend yield is less than the Financial Services sector average.