BlackRock Announces 28% Dividend Increase
February 25, 2010 05:03 PM Eastern Time
NEW YORK--(EON: Enhanced Online News)--BlackRock, Inc. (NYSE:BLK) today announced that its Board of
Directors has declared a quarterly cash dividend of $1.00 per share of common stock, increasing the dividend $0.22
per share, or 28%, from the prior quarter’s dividend of $0.78 per share. The dividend is payable March 23, 2010 to
shareholders of record at the close of business on March 8, 2010.
“Today’s dividend increase demonstrates the power of our business model and reflects BlackRock’s enhanced
financial and strategic position since closing our merger with Barclays Global Investors in December 2009,” stated
Laurence D. Fink, Chairman and Chief Executive Officer.
The Board of Directors reviews BlackRock’s dividend policy annually at its regularly scheduled first quarter meeting.
BlackRock is a leader in investment management, risk management and advisory services for institutional and retail
clients worldwide. At December 31, 2009, BlackRock’s AUM was $3.346 trillion. BlackRock offers products that
span the risk spectrum to meet clients’ needs, including active, enhanced and index strategies across markets and
asset classes. Products are offered in a variety of structures including separate accounts, mutual funds, iShares®
(exchange traded funds), and other pooled investment vehicles. BlackRock also offers risk management, advisory
and enterprise investment system services to a broad base of institutional investors through BlackRock Solutions®.
Headquartered in New York City, as of December 31, 2009, the firm has approximately 8,500 full-time employees
in 24 countries and a major presence in key global markets, including North and South America, Europe, Asia,
Australia and the Middle East and Africa. For additional information, please visit the Company's website at