BlackRock's most recent dividend was on Sep 9, 2024 (ex-date) with a cash dividend payment of $5.1 per share. On an annualized basis, the company has a current payout of $20.3 per share. This brings the dividend yield to 1.97% based on its recent close price.
BlackRock's dividend yield of 1.97% is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.58%, BlackRock's dividend yield is 24% lower. Historically BLK's dividend yield has averaged at 2.5% in the last 5 years, which is more 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 2.1% for the last year. But since the stock price has gone up by 42% from a year ago, the dividend yield has decreased by 28%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Sep 9, 2024 | $5.1 | 2.31% |
Jun 7, 2024 | $5.1 | 2.63% |
Mar 6, 2024 | $5.1 | 2.42% |
Dec 6, 2023 | $5 | 2.69% |
Sep 7, 2023 | $5 | 2.88% |
Jun 7, 2023 | $5 | 2.91% |
Mar 6, 2023 | $5 | 2.85% |
Dec 6, 2022 | $4.88 | 2.75% |
Sep 6, 2022 | $4.88 | 2.84% |
Jun 3, 2022 | $4.88 | 2.68% |
Mar 4, 2022 | $4.88 | 2.48% |
Dec 6, 2021 | $4.13 | 1.84% |
Sep 3, 2021 | $4.13 | 1.71% |
Jun 3, 2021 | $4.13 | 1.76% |
Mar 4, 2021 | $4.13 | 2.2% |
Dec 3, 2020 | $3.63 | 2.03% |
Sep 3, 2020 | $3.63 | 2.45% |
Jun 4, 2020 | $3.63 | 2.54% |
Mar 4, 2020 | $3.63 | 2.73% |
Dec 5, 2019 | $3.3 | 2.69% |
Sep 4, 2019 | $3.3 | 3.15% |
Jun 5, 2019 | $3.3 | 2.95% |
Mar 5, 2019 | $3.3 | 2.89% |
Dec 6, 2018 | $3.13 | 3.02% |
Oct 25, 2018 | $0.073 | 2.92% |
Sep 6, 2018 | $3.13 | 2.41% |
Jun 6, 2018 | $2.88 | 1.95% |
Mar 6, 2018 | $2.88 | 1.89% |
Dec 1, 2017 | $2.5 | 1.99% |
Aug 31, 2017 | $2.5 | 2.34% |
Jun 1, 2017 | $2.5 | 2.32% |
Mar 2, 2017 | $2.5 | 2.39% |
Dec 8, 2016 | $2.29 | 2.35% |
Aug 31, 2016 | $2.29 | 2.43% |
Jun 2, 2016 | $2.29 | 2.48% |
Mar 3, 2016 | $2.29 | 2.73% |
Dec 1, 2015 | $2.18 | 2.41% |
Aug 31, 2015 | $2.18 | 2.8% |
Jun 5, 2015 | $2.18 | 2.31% |
Mar 4, 2015 | $2.18 | 2.16% |
BlackRock's payout ratio of 49.9% is above the Financial Services sector and its peers average but below the industry average. Compared to its Financial Services sector average of 44%, BlackRock's payout ratio is 13% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
AB Alliancebernstein Holding Lp | 8.12% | $2.98 | 85.4% |
IVZ Invesco Ltd | 4.61% | $0.82 | N/A |
PNC Pnc Financial Services Group Inc | 3.06% | $6.3 | 53.2% |
BAC Bank Of America Corp | 2.11% | $0.98 | 35.3% |
BLK BlackRock Inc | 1.97% | $20.3 | 49.9% |
AMG Affiliated Managers Group Inc | 0.02% | $0.04 | 0.2% |
Yes, BlackRock has been paying dividends for the last 21 years.
BlackRock's last dividend ex-date was on Sep 9, 2024. The dividend amount was $5.1 per share.
BLK's annualized dividend per share is $20.3.
Currently BlackRock's dividend yield is 1.97%.
BlackRock pays dividends quarterly.
The dividend payout ratio of BlackRock is 49.9%.
BlackRock's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.