Here's How Many Shares of BlackRock (BLK) Stock You Should Own to Get $1,000 in Yearly Dividends

Core Viewpoint - BlackRock, the world's largest asset manager with over $12 trillion in assets, offers a modest dividend yield but has a history of consistent payout increases, making it an attractive option for dividend-seeking investors [1][4]. Dividend Analysis - To generate $1,000 in annual dividends from BlackRock, an investor would need to purchase 48 shares, costing approximately $52,800 at the current share price of $1,100 [3]. - The annual dividend payout is $20.84 per share, resulting in a dividend yield of 1.9% [3]. Dividend Growth - BlackRock has increased its dividend payout for 16 consecutive years, with an average annual growth rate of 7.5% over the past five years [4]. - If the company maintains this growth rate, annual dividends could reach $2,000 in a decade [4]. Financial Health - The company's payout ratio is below 50%, indicating a sustainable dividend policy with room for further increases [5]. - BlackRock's revenue is also experiencing double-digit growth, suggesting strong financial performance [5].