BlackRock Increases Its Quarterly Dividend to $4.13

Asset manager BlackRock (NYSE: BLK) increased its quarterly dividend on Thursday to $4.13 per share.

That's an increase of 14% from $3.63 per share last quarter. The dividends will be paid out on March 23. On an annual basis, BlackRock will pay $16.52 per share to investors, one of the highest payouts in the financial sector.

Image source: Getty Images.

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Source Fool.com