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, payable on December 23, 2022, to shareholders who are on record as of the close of business on December 7, 2022. This dividend underscores BlackRock's commitment to providing returns to its investors and enhancing financial well-being.

Positive

• Quarterly cash dividend of $4.88 per share increases shareholder income.
• Strong commitment to providing returns to investors.

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 December 23, 2022 to shareholders of record at the close of business on December 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/20221110005480/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

FAQ

What is the dividend amount declared by BlackRock (BLK)?

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

When will BlackRock (BLK) pay its dividend?

The dividend will be paid on December 23, 2022.

What is the record date for BlackRock's (BLK) dividend?

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

How often does BlackRock (BLK) pay dividends?

BlackRock typically pays dividends quarterly.

Is BlackRock's (BLK) dividend sustainable?

The sustainability of BlackRock's dividend can be assessed through its financial performance and cash flow.