BlackRock Declares Quarterly Dividend of 78 Cents on Common Stock

November 20, 2008 4:30 PM EST

NEW YORK--(BUSINESS WIRE)-- BlackRock, Inc. (NYSE: BLK) today announced that its Board of Directors has declared a quarterly cash dividend of $0.78 per share of common stock, payable December 23, 2008 to shareholders of record at the close of business on December 3, 2008.

About BlackRock

BlackRock is one of the world's largest publicly traded investment management firms. At September 30, 2008, BlackRock's assets under management were $1.259 trillion. The firm manages assets on behalf of institutions and individuals worldwide through a variety of equity, fixed income, cash management and alternative investment products. In addition, a growing number of institutional investors use BlackRock Solutions(R) investment system, risk management and financial advisory services. The firm is headquartered in New York City and has employees in 22 countries throughout the U.S., Europe and Asia Pacific. For additional information, please visit the Company's website at www.blackrock.com.


    Source: BlackRock, Inc.


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