BlackRock's most recent quarterly dividend was on Dec 6, 2022 (ex-date) with a cash dividend payment of $4.88 per share. On an annualized basis, the company has a current payout of $19.52 per share. This brings the dividend yield to 2.75% based on its recent close price.
BlackRock's dividend yield of 2.75% is higher than the Financial Services sector and its peers average but lower than the industry average. But if we consider the Financial Services sector average of 2.73%, BlackRock's dividend yield is only 0.7% higher. Historically BLK's dividend yield has averaged at 2.4% 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 18% for the last year. And since the stock price has gone down by 23% from a year ago, the dividend yield has increased by 53%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 53.1% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 30.7%, BlackRock's payout ratio is 73% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AB Alliancebernstein Holding Lp | 9.03% | $3.54 | 104.4% |
| IVZ Invesco Ltd | 4.06% | $0.75 | 37.4% |
| PNC Pnc Financial Services Group Inc | 3.73% | $5.75 | 43.3% |
| BLK BlackRock Inc | 2.77% | $19.52 | 53.1% |
| BAC Bank Of America Corp | 2.65% | $0.86 | 27% |
Yes, BlackRock has been paying dividends for the last 19 years.
Currently BLK's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in March 2023.
BlackRock's last dividend ex-date was on Dec 6, 2022. The dividend amount was $4.88 per share.
BLK's annualized dividend per share is $19.52.
Currently BlackRock's dividend yield is 2.75%.
BlackRock pays dividends quarterly.
The dividend payout ratio of BlackRock is 53.1%.
BlackRock's dividend yield is in line with the Financial Services sector average.