Blackrock Stock Price, News & Analysis

BlackRock, Inc. (NYSE:BLK) has declared a quarterly cash dividend of $4.88 per share, set to be paid on September 23, 2022. Shareholders of record as of September 7, 2022 will be eligible for this dividend. This decision underscores BlackRock's commitment to returning capital to its shareholders while enhancing financial well-being through investment opportunities. The firm continues to position itself as a leading provider of financial technology to facilitate affordable investing.

BlackRock, Inc. (NYSE: BLK) will report its second quarter 2022 earnings on July 15, 2022, before the market opens. CEO Laurence D. Fink, President Robert S. Kapito, and CFO Gary S. Shedlin will hold a teleconference at 8:30 a.m. ET to discuss the results. Investors can access the earnings release and supplemental materials in the investor relations section of www.blackrock.com. A replay of the teleconference will be available starting at 11:30 a.m. ET on the same day and will remain accessible until July 29, 2022.

BlackRock announced the creation of a perpetual infrastructure strategy focused on partnering with leading infrastructure businesses to drive the global energy transition. Initial allocations will exceed 50% in Europe, with plans for global diversification. The strategy targets investments in energy transition and security, digital infrastructure, and sustainable mobility. An estimated $125 trillion is needed worldwide by 2050 to achieve net zero, with a significant focus on energy security, particularly in Europe. BlackRock has mobilized over $55 billion for infrastructure investments.

BlackRock has launched the iShares Future Baller$ Program, aimed at promoting long-term financial well-being among top U.S. basketball prospects. The program features players like Bennedict Mathurin and Jaden Ivey, who will allocate part of their sponsorship earnings to an investment portfolio. Each will receive financial coaching from Lauren Simmons, focusing on core investing concepts. With over 30 million new investment accounts opened since 2020 in the U.S., the initiative seeks to inspire a commitment to long-term investing amidst economic uncertainty.

BlackRock has expanded its Voting Choice initiative, now allowing clients representing 47% of global index equity assets to participate in proxy voting decisions. Clients with $530 billion of eligible assets have opted into this program. The latest phase includes institutional pooled funds in the U.K., Canada, and Ireland. BlackRock aims to democratize financial market participation, with a long-term vision of providing voting options to all investors, including individuals. A white paper discussing these initiatives has also been published.

BlackRock, Inc. (NYSE:BLK) has declared a quarterly cash dividend of $4.88 per share, scheduled for payment on June 23, 2022. Shareholders of record as of June 6, 2022 will receive this dividend. This announcement underscores BlackRock's commitment to providing financial well-being to its investors through reliable returns.

BlackRock forecasts the bond ETF market will grow significantly despite current challenges, projecting assets under management (AUM) to reach $5 trillion by 2030.

Bond ETFs have shown resilience, gaining traction with wealth managers and institutional investors alike. The industry has expanded at an annual growth rate of 23%, with over 1,400 products now available, totaling $1.7 trillion in AUM. The upcoming innovations and evolving market structure present exciting opportunities for active management strategies, which could boost AUM to $1 trillion by 2030.

BlackRock has raised over $800 million for its BlackRock Impact Opportunities Fund, targeting a goal of $1 billion. This first-of-its-kind multi-alternatives fund aims to invest in businesses that serve Black, Latinx, and Native American communities, addressing systemic barriers to capital access.

Initial investors include notable corporations like Anthem, Costco, and PayPal, indicating robust institutional interest. The fund employs diverse investment strategies across sectors like private equity and real estate, aligning financial returns with social impact objectives.

BlackRock, Inc. (NYSE: BLK) has announced its financial results for the first quarter of 2022. The details, including earnings and supplemental materials, are accessible on their investor relations page. A teleconference for investors will be held on April 13, 2022, at 8:30 a.m. ET, featuring key executives such as CEO Laurence D. Fink. Investors can access the replay of the call and the webcast through BlackRock's website. The company aims to enhance financial well-being through innovative solutions and fiduciary responsibilities.