BLK BlackRock, Inc.

Financial Services · Asset Management

6 · Fair Momentum 8.0 · Strong Safe 16y streak

1134.38

+1.21%

About the company

BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York, New York with additional offices in Atlanta, Georgia; Boston, Massachusetts; Chicago, Illinois; Dallas, Texas; Denver, Colorado; Greenwich, Connecticut; Houston, Texas; Miami, Florida; Newport Beach, California; Palo Alto, California; Philadelphia, Pennsylvania; Princeton, New Jersey; San Francisco, California; Santa Monica, California; Seattle, Washington; Washington, DC; West Palm Beach, Florida; Wilmington, Delaware; Mexico; Canada; South Africa; Netherlands; Greece; Serbia; Belgium; Hungary; Denmark; Ireland; Scotland; Germany; Switzerland; England; Luxembourg; Spain; Italy; France; Sweden; Austria; India; China; Australia; Hong Kong; South Korea; Singapore; Taiwan; Japan; Colombia; Argentina; Peru; Chile; Brazil; UAE; Saudi Arabia; Israel.

Website Annual reports (10-K)

2.02%

52.19%

22.92

184.3B

25.83

43.92

1061.16

52-week range

1134

low 917 high 1187

Dividend deep dive

BlackRock, Inc. (BLK) is an asset management firm within the Financial Services sector. The company currently offers a dividend yield of 2.11%. This yield sits within its 5-year range, which had a high of 2.86% and a low of 1.96%, and is considered "fair" by yield theory. The company has a dividend rating score of 6.0. BlackRock's price trend shows a momentum score of 6.0, while its valuation suggests a value score of 5.0.

Dividend history

BlackRock, Inc. has demonstrated consistency in its dividend payments, boasting a streak of 16 consecutive years of dividend increases, qualifying it as a CCC "contender". Over the past three years, the dividend compounded at 2.21% annually, while the five-year compound annual growth rate (CAGR) was 7.49%. Annual dividends per share have progressed from USD 7.72 in 2014 to USD 13.20 in 2019, USD 20.00 in 2023, and USD 20.84 projected for 2025. The current market dividend is USD 22.92.