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, scheduled for payment on June 23, 2022. Shareholders of record as of June 6, 2022 will receive this dividend. This announcement underscores BlackRock's commitment to providing financial well-being to its investors through reliable returns.

Positive

• Quarterly cash dividend of $4.88 per share indicates strong financial health and commitment 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 $4.88 per share of common stock, payable June 23, 2022 to shareholders of record at the close of business on June 6, 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/20220525005897/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, Inc. for June 2022?

BlackRock, Inc. declared a quarterly cash dividend of $4.88 per share.

When is the payment date for BlackRock's dividend?

The payment date for the dividend is June 23, 2022.

Who are eligible shareholders for BlackRock's June 2022 dividend?

Shareholders of record as of June 6, 2022, are eligible for the dividend.

How often does BlackRock pay dividends?

BlackRock typically pays dividends quarterly.

Is BlackRock's dividend sustainable?

The sustainability of BlackRock's dividend would depend on their ongoing financial performance and cash reserves.