BlackRock (BLK) Raises Quarterly Dividend 2.5% to $5.00 ; Adds 7M Shares to Buyback Plan

BlackRock (NYSE: BLK) declared a quarterly dividend of $5.00 per share, or $20 annualized. This is up 2.5% from the prior quarter's dividend of $4.88 per share. The dividend will be payable on March 23, 2023, to stockholders of record on March 7, 2023, with an ex-dividend date of March 6, 2023. The annual yield on the dividend is 2.7 percent.

BlackRock’s Board of Directors also authorized the repurchase of an additional 7 million shares under the Company’s existing share repurchase program for a total of up to approximately 7.9 million shares of BlackRock common stock.

For a dividend history and other dividend-related data on BlackRock (BLK) click here.

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