BlackRock (BLK) Tops Q4 EPS by 12c; Boosts Qtr. Dividend, Bolsters Stock Buyback Plan

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BlackRock (BLK) Raises Quarterly Dividend 13% to $2.18; Adds 6M Common to Buyback Plan

January 15, 2015 6:33 AM EST

BlackRock (NYSE: BLK) declared a quarterly dividend of $2.18 per share, or $8.72 annualized. This is a 13% increase from the prior dividend of $1.93.

The dividend will be payable on March 24, 2015, to stockholders of record on March 6, 2015, with an ex-dividend date of March 4, 2015.

The... More

Goldman Sachs Upgrades BlackRock (BLK) to Buy

January 14, 2015 6:52 AM EST

Goldman Sachs upgraded BlackRock (NYSE: BLK) from Neutral to Buy with a price target of $400.00.

Analyst Marc Irizarry said, "We raise BLK to Buy and our 12-month price target to $400 from $332 for 15% upside, as we see the firms diversified model linked... More