BlackRock Declares Quarterly Dividend of $4.88 on Common Stock

Rhea-AI Summary

BlackRock, Inc. (NYSE:BLK) has declared a quarterly cash dividend of $4.88 per share, set to be paid on September 23, 2022. Shareholders of record as of September 7, 2022 will be eligible for this dividend. This decision underscores BlackRock's commitment to returning capital to its shareholders while enhancing financial well-being through investment opportunities. The firm continues to position itself as a leading provider of financial technology to facilitate affordable investing.

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• Declared a quarterly cash dividend of $4.88 per share, demonstrating commitment to shareholder returns.

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NEW YORK--(BUSINESS WIRE)-- BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors has declared a quarterly cash dividend of $4.88 per share of common stock, payable September 23, 2022 to shareholders of record at the close of business on September 7, 2022.

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/20220713005685/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 (BLK)?

BlackRock has declared a dividend of $4.88 per share.

When will BlackRock's dividend be paid?

The dividend will be paid on September 23, 2022.

What is the record date for BlackRock's dividend?

The record date for the dividend is September 7, 2022.

How often does BlackRock pay dividends?

BlackRock pays dividends quarterly.

Is BlackRock's dividend sustainable?

The sustainability of BlackRock's dividends can be assessed by reviewing their financial performance and commitment to shareholder returns.