The ex-dividend date for BlackRock (NYSE:BLK) is tomorrow, March 5, 2013. Owners of shares as of market close today will be eligible for a dividend of $1.68 per share. At a price of $236 as of 9:31 a.m., the dividend yield is 2.8%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for BlackRock (NYSE: BLK) is tomorrow, March 5, 2013. Owners of shares as of market close today will be eligible for a dividend of $1.68 per share. At a price of $236 as of 9:31 a.m. ET, the dividend yield is 2.8%. The average volume for BlackRock has been 789,900 shares per day over the past 30 days. BlackRock has a market cap of $41.83 billion and is part of the financial sector and financial services industry. Shares are up 16% year to date as of the close of trading on Friday. 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 17.5, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates BlackRock as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, expanding profit margins and increase in net income. 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. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.