The competition between BlackRock (BLK) and AT&T (T) is closer than you might think, as T's huge dividend gives it at least one edge over BLK. Market data powered by FactSet and Web Financial Group. BlackRock (NYSE: BLK) declared a quarterly dividend of $3.63 per share, or $14.52 annualized.This is a 10% increase from the prior dividend of $3.30. Most of the revenue came from investment advisor fees, which were up 7% to $12.6 billion. The high dividend and solid yield of this market leader make BlackRock an attractive stock. The dividends will be paid out on March 23. BlackRock Inc. (BLK) will raise its quarterly dividend by 13.8 percent in 2021. The ex-dividend date is Thursday, March 4th. Meanwhile, with the world still trying to dig out of the Great Recession, asset management giant BlackRock (BLK) kept its dividend at $3.12 — the same as the year before. The company generated $16.2 billion in revenue for the year, an 11% increase year over year, and $4.9 billion in net income, a 10% increase. One Percenter: I Wish Everybody Knew This, So They Could Be Rich. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. Few Americans even know that any of this is happening. That's an increase of 14% from $3.63 per … Blackrock (BLK) is the largest investment manager in the world, with over $6.5 trillion in assets under management. The company is also shareholder-friendly as it shares its growth with shareholders. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.1. GuruFocus has detected 10 Warning Signs with BLK. NEW YORK-- (BUSINESS WIRE)-- BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors approved a 14% increase in the quarterly cash dividend to $4.13 per share, payable March 23, 2021 to shareholders of record at the close of business on March 5, 2021. Asset manager BlackRock (NYSE:BLK) increased its quarterly dividend on Thursday to $4.13 per share. BlackRock pays an annual dividend of $14.52 per share, with a dividend yield of 2.04%. Recap of fourth-quarter earnings. When a dividend increase is the result of improved cash flows, it is often a positive indicator of company performance. Dave has been a Fool since 2014. High dividend yields (usually over 10%) should be considered extremely risky, while low dividend yields (1% or less) are simply not very beneficial to long-term investors. This is the 12th straight year of dividend increases for BlackRock, which is the largest asset management firm in the United States with $8.6 trillion in assets under management (AUM). On Jan 21, BLK declared a quarterly dividend of $4.13 per share. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. On an annual basis, BlackRock will pay $16.52 per share to investors, one of the highest payouts in the financial sector. OSFI defines a dividend increase as an increase in the total dollar amount of dividends paid after March 13, 2020 compared with the last approved regularly scheduled dividend (be it quarterly or less frequent) that occurred prior to March 13, 2020. BlackRock has hiked its dividend 65% in the last four years alone. Warning! Dave mainly covers financial stocks, primarily banks and asset managers, and investment planning. Asset manager BlackRock (NYSE:BLK) increased its quarterly dividend on Thursday to $4.13 per share. Dividend Growers - Stocks and ETFs that increased dividends. BLK was founded in 1988 and is based in New York City. Looking at dividend growth, the company's current annualized dividend of $14.52 is up 10% from last year. He's covered mutual funds and institutional investments for Pensions & Investments, personal finance for S&P, and money markets and bonds for Crane Data. Almost half of that total went into its iShares exchange-traded funds, which had $185 billion in net inflows. On January 21st the Board of Directors at BlackRock (BLK) approved an increase in the quarterly dividend payment from $3.63 up to $4.13. Tops 7 Dividend Stocks Increasing … This 14% increase to the dividend was welcome news for investors, and there's reason to believe that this could be just the beginning of a streak of dividend hikes. This will mark the investment management company's 12th consecutive year of dividend increases. Shares currently yield 2.23% based on the new annualized payout. We look at multiple technical indicators including a few that we have devised here at TradeRadar. It's the best software we've seen! Wright Investors Service Inc. boosted its holdings in shares of BlackRock, Inc. (NYSE:BLK) by 2.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,002 shares of the asset manager’s stock after buying an additional 102 shares during the quarter. Over the past decade, the stock has compounded by 14.96%/year. Insider breaks ranks from the “one percent” to warn everyday Americans about a significant event set to take place in the very near future. This sportsbook operator is set to dominate the market in 2021. BlackRock, Inc. (NYSE:BLK) Announces Dividend Increase - $4.13 Per Share. Indeed, BLK just announced a 14% increase for 2021, its 12th consecutive annual raise. The page you are looking for could not be found. ETFs had $78 billion in net inflows in the quarter, about 61% of the $127 billion total. BlackRock (BLK) Declares $3.63 Quarterly Dividend; 2.6% Yield BlackRock (BLK) Announces Secondary Offering of Its Common Stock Held by PNC; Plans $1.1 Billion Stock Repurchase See More Since then, both companies have made strong commitments to significant dividend growth, as shown in the following table of their annual increases these last 11 years. In the first quarter of this year, BlackRock declared its regular quarterly dividend, and raised the payment by 13% to $4.13 per common share. Oil (Yes, Oil!) We’re motley! BlackRock is a Dividend Contender with 12 consecutive years of dividend growth. Find the latest dividend history for BlackRock, Inc. Common Stock (BLK) at Nasdaq.com. BLK's next quarterly dividend payment will be made to shareholders of record on Tuesday, March 23. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Over the last 5 years, BlackRock has increased its dividend 5 times on a year-over-year basis for an average annual increase of 12.50%. BlackRock, Inc. (BLK) is a publicly owned investment manager. For the quarter, BlackRock’s broad investment platform generated net fund inflows of $127 billion across all asset classes, driven by And the firm reported $391 billion in net inflows for the full year, reflecting 5% asset growth and 7% fee growth. NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors approved a 14% increase in the quarterly cash dividend to … BlackRock pays out 42.93% of its earnings out as a dividend. BlackRock (NYSE:BLK) declares $4.13/share quarterly dividend, 13.8% increase from prior dividend of $3.63. For this reason, investors can expect continued growth for BlackRock. BlackRock’s dividend payout ratio is 42.93%. Every week we scan and test all the stocks on the major exchanges as part of our Alert HQ process. The Motley Fool - The company's stock price was up 47% in 2020 Asset manager BlackRock (NYSE:BLK) increased its quarterly dividend on Thursday to $4.13 per share. At the current stock price of $596.24, the dividend yield is 2.44%. Dividends represent company profits that are paid to shareholders. The dividend yield, which is the percentage of the share price that goes to the annual dividend, is about 2.2%. This brand new report is your guide to finding the lithium supply chain winners… including one with a massive new mine. On 01/14/21, BlackRock announced its Q4 and full-year 2020 results. BLK Dividend History & Description — BlackRock Inc. BlackRock is an investment management firm. Cumulative Growth of a $10,000 Investment in Stock Advisor, BlackRock Increases Its Quarterly Dividend to $4.13 @themotleyfool #stocks $BLK, BlackRock (BLK) Q4 2020 Earnings Call Transcript, BlackRock Earnings Soar in the Fourth Quarter and the Full Year, How BlackRock Is Encouraging Companies to Go Green, BlackRock Buys Aperio, Boosting Its Separately Managed Accounts, Copyright, Trademark and Patent Information. In the fourth quarter, revenue climbed 13% year over year to $4.5 billion, while net income rose 19% to $1.5 billion, or $10.02 per share. Adjusted diluted earnings-per-share (EPS) of $10.18 increased by 22% year over year. Here are the most popular free investing reports right now: Businesses looking to develop psychedelic products turning to this company, Are Elon Musk and Tesla running out of lithium? This marks the 3rd quarter that BLK has paid the same dividend. High Yield Dividend Stocks in Gurus' Portfolio Blackrock increased its quarterly dividend by 13.77% to $4.13/share. The payout ratio, which is the percentage of earnings that go to the dividend, is about 39%. This is a boost from BlackRock’s previous quarterly dividend of $3.63. This year could be the biggest one yet for the unstoppable electric vehicle megatrend — but if you’re looking to take advantage, the time to act is now. This is an increase of … Forward yield 2.23%; Payable March 23; for shareholders of … Over the last 5 years, BlackRock has increased its dividend 5 times on a year-over-year basis for an average annual increase of 12.50%. This could result in established Washington State weed companies being able to market across state lines -- setting off a bidding war for quality stocks at reasonable prices. Looking ahead, future dividend … This new event will make the rich even richer, while financially devastating countless others. The next Blackrock Inc. dividend will go ex in 15 days for 413c and will be paid in 1 month. It saw AUM climb 17% in 2020 to $8.6 trillion. American Consumer News, LLC dba MarketBeat © All Rights Reserved. The full-year EPS was $33.82, up 19%. If a stock’s yield is above or near the market average then it will be rated higher within this parameter. Each one has been hand-selected for its potential to deliver life-changing profits as electric vehicles continue to disrupt the automotive industry. That's … With Democrats now controlling both houses of Congress and the executive branch, cannabis decriminalization on the federal level could be months away. The firm reported $391 billion in net inflows for the full year. BlackRock makes up approximately 1.2% of Wright Investors Service Inc.’s holdings, making the stock […] The company has managed to grow dividends for nine years in a row. Shareholders of record on Friday, March 5th will be issued a dividend of $4.13 per share. BlackRock, Inc. (NYSE:BLK) announced a quarterly dividend on Thursday, January 21st, RTT News reports. Stock Advisor launched in February of 2002. This comes after a 10.0 percent hike to $3.63 per share announced in the first quarter of 2020. This represents a $16.52 dividend on an annualized basis and a yield of 2.28%. Click here to check it out. Fed Decriminalization of Cannabis Could Spark New Pot Stock Boom. Future returns will likely be lower, and they will track growth in earnings per share and the initial dividend yield at the time of investment. Co. provides a range of investment and technology services to institutional and retail clients worldwide. This is the 12th straight year of dividend increases for BlackRock, which is the largest asset management firm in the United States with $8.6 trillion in assets under management (AUM). That's an increase of 14% from $3.63 per share last quarter. BlackRock is coming off a strong 2020 when the stock price increased 47.2%. 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