BlackRock Declares Quarterly Dividend of $4.13 on Common Stock

Rhea-AI Summary

BlackRock, Inc. (NYSE:BLK) has declared a quarterly cash dividend of $4.13 per share. This dividend will be payable on December 23, 2021 to shareholders on record at the close of business on December 7, 2021. The announcement reflects the company’s commitment to returning value to its shareholders. BlackRock continues to position itself as a leading financial technology provider, enhancing investment access for millions and promoting financial well-being.

Positive

• Quarterly cash dividend of $4.13 per share enhances shareholder income.
• Demonstrates company's commitment to returning value to shareholders.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors has declared a quarterly cash dividend of $4.13 per share of common stock, payable December 23, 2021 to shareholders of record at the close of business on December 7, 2021.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate

View source version on businesswire.com: https://www.businesswire.com/news/home/20211117006378/en/

Investor Relations

Caroline Rodda

212-810-3442

caroline.rodda@blackrock.com

Media Relations

Brian Beades

212-810-5596

brian.beades@blackrock.com

Source: BlackRock, Inc.

FAQ

What is the dividend amount declared by BlackRock for 2021?

BlackRock declared a dividend of $4.13 per share.

When will BlackRock's dividend be paid?

The dividend will be paid on December 23, 2021.

What is the record date for BlackRock's dividend?

The record date for the dividend is December 7, 2021.

How often does BlackRock pay dividends?

BlackRock pays dividends quarterly.

Is BlackRock's dividend sustainable?

The sustainability of BlackRock's dividend can depend on various business factors, including profitability and cash flow.