Reported 1 day ago
To generate $1,000 in annual dividends from BlackRock (NYSE: BLK), the world’s largest asset manager with a 1.9% dividend yield, you would need to purchase 48 shares at approximately $1,100 each, totaling about $52,800. While the dividend payout is modest, BlackRock has a history of increasing its payouts, averaging a 7.5% rise annually over the past five years, which could lead to higher dividends in the future. However, prospective investors should consider other investment options as BlackRock did not make the list of the top recommended stocks.
Source: YAHOO