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

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 annual yield on the dividend is 2.5 percent.

BlackRock also added 6 million shares to its existing buyback plan.

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

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