NEW YORK (
) -- The ex-dividend date for
) is tomorrow, December 1, 2011. Owners of shares as of market close today will be eligible for a dividend of $1.38 per share. At a price of $168.19 as of 9:31 a.m. ET, the dividend yield is 3.4%.
The average volume for BlackRock has been 977,400 shares per day over the past 30 days. BlackRock has a market cap of $28.59 billion and is part of the
industry. Shares are down 15.5% year to date as of the close of trading on Tuesday.
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors. The company has a P/E ratio of 12.6, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates BlackRock as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and growth in earnings per share. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full