Here's How Many Shares of BlackRock (BLK) Stock You Should Own to Get $1,000 in Yearly Dividends
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To earn $1,000 in yearly dividends from BlackRock (BLK), an investor would need to purchase 48 shares, costing approximately $52,800 at the current price of $1,100 per share. BlackRock's annual dividend payout is $20.84 per share, with a dividend yield of 1.9%. The company has consistently raised its dividend for 16 years, averaging a 7.5% increase over the past five years. With a payout ratio under 50%, there is potential for further dividend growth, making BlackRock an attractive option for dividend-seeking investors.
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