The ex-dividend date for BlackRock (NYSE:BLK) is Monday, March 5, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.50 per share. At a price of $197.90 as of 9:35 a.m., the dividend yield is 3%.
NEW YORK ( TheStreet) -- The ex-dividend date for BlackRock (NYSE: BLK) is Monday, March 5, 2012. Owners of shares as of market close today will be eligible for a dividend of $1.50 per share. At a price of $197.90 as of 9:35 a.m. ET, the dividend yield is 3%. The average volume for BlackRock has been 743,500 shares per day over the past 30 days. BlackRock has a market cap of $33.81 billion and is part of the financial sector and financial services industry. Shares are up 11.4% year to date as of the close of trading on Thursday. 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 16.1, above the average financial services industry P/E ratio of 15.3 and below the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and increase in stock price during the past year. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full BlackRock Ratings Report. See our dividend calendar or top-yielding stocks list.