Dividend Growth of BlackRock, Inc.(BLK)

BlackRock(BLK) is having a Dividend Yield of 2.33% with the Annual cash Dividend per share of $9.16. The last quarter cash dividend per share pay out was $2.29. BlackRock has a 5 year average dividend yield of 2.61% and the stock has a Indicated annual dividend of $9.16. BlackRock(BLK) formally announced its most recent dividend on January 13, 2017 with a Dividend per share of $2.5. The new indicated annual dividend based on announced dividend per share is $10. The dividend yield based on the forward looking indicated annual dividend is 2.54%. BlackRock(BLK) has the most recent dividend payout ratio of 0.47 with a 5-year average payout ratio of 0.45. Companys change in pay out ratio when compared to the last 5 years average pay out ratio has been 0.02. The 5 year historical dividend growth of BlackRock(BLK) is at the rate of 11.24% while the R-Squared dividend growth is 0.94. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

BlackRock, Inc. (NYSE:BLK) witnessed a decline in the market cap on Thursday as its shares dropped 0.27% or 1.07 points. After the session commenced at $392.63, the stock reached the higher end at $393.695 while it hit a low of $389.93. With the volume soaring to 503,653 shares, the last trade was called at $391.97. The company has a 52-week high of $399.46. The company has a market cap of $64,561 million and there are 164,708,140 shares in outstanding. The 52-week low of the share price is $297.8942. Shares of BlackRock, Inc. rose by 3.54% in the last five trading days and 3.7% for the last 4 weeks. BlackRock, Inc. is up 5.96% in the last 3-month period. Year-to-Date the stock performance stands at 3%.

Currently the company Insiders own 2.2% of BlackRock, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.04% . Institutional Investors own 80.82% of BlackRock, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -16.72%. Company has reported several Insider transactions to the SEC, on Feb 10, 2017, J. Richard Kushel (Senior Managing Director) sold 8,573 shares at 375.02 per share price.On Feb 3, 2017, Jeff A Smith (Senior Managing Director) sold 5,250 shares at 377.00 per share price.On Feb 3, 2017, Gary Shedlin (CFO & Senior Managing Director) sold 2,417 shares at 375.00 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.BlackRock was Downgraded by Goldman to Neutral on Jan 4, 2017.

BlackRock Last issued its quarterly earnings results on Jan 13, 2017. The company reported $5.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Analyst had a consensus of $5.02. The company had revenue of $2890.00 million for the quarter, compared to analysts expectations of $2930.50 million. The companys revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $4.75 EPS.

BlackRock, Inc. is one of the largest investment management firms in the United States. The company offers a variety of investment products to institutional and individual investors in the U.S. and internationally. The company also offers a variety of risk management services to large institutional fixed income investors.


Share this post

Leave a Reply