BlackRock Declares Quarterly Dividend of $5.00 on Common Stock

Rhea-AI Summary

BlackRock, Inc. (NYSE:BLK) declares $5.00 per share quarterly cash dividend, payable on December 22, 2023, to shareholders of record on December 7, 2023

Positive

• BlackRock announces a generous quarterly cash dividend, which may attract income-focused investors.
• The declared dividend reflects the company's strong financial position and commitment to returning value to its 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 $5.00 per share of common stock, payable December 22, 2023 to shareholders of record at the close of business on December 7, 2023.

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/20231108306284/en/

Investor Relations

Caroline Rodda

212-810-3442

caroline.rodda@blackrock.com

Media Relations

Ed Sweeney

646-231-0268

ed.sweeney@blackrock.com

Source: BlackRock

FAQ

What is the dividend amount declared by BlackRock, Inc. (NYSE:BLK)?

BlackRock, Inc. (NYSE:BLK) has declared a quarterly cash dividend of $5.00 per share of common stock.

When will the dividend be payable to shareholders of BlackRock, Inc. (NYSE:BLK)?

The dividend will be payable on December 22, 2023, to shareholders of record at the close of business on December 7, 2023.

What is the stock ticker symbol for BlackRock, Inc.?

The stock ticker symbol for BlackRock, Inc. is NYSE:BLK.