BlackRock's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BlackRock (NYSE:BLK) announced a quarterly dividend of $5.0 per share, with the ex-dividend date set for Wednesday. Shareholders owning BLK by the end of Tuesday's session will be eligible for the dividend payout, which will be distributed on June 23, 2023.
June 02, 2023 | 2:47 pm
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BlackRock's stock will likely trade lower on the ex-dividend date, reflecting the $5.0 per share dividend payout. Eligible shareholders will receive the payout on June 23, 2023.
The stock will likely trade lower on the ex-dividend date as it reflects the dividend payout. This is a common occurrence for stocks when they go ex-dividend. Shareholders who are eligible for the dividend may see a short-term decrease in the stock price, but will receive the dividend payout on June 23, 2023.
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