Stock Update (NYSE:BLK): BlackRock Declares Quarterly Dividend of $2.29 on Common Stock

[Business Wire] – BlackRock, Inc. today announced that its Board of Directors has declared a quarterly cash dividend of $2.29 per share of common stock, payable September 23, 2016 to shareholders of record at the close of business on September 2, 2016. Read more on this. , with a current market cap of $recting to http://finance.ya, ended trading at $. During today’s session, BLK traded between $ and has traded between $ over the past 12 months. BLK shares are currently priced at x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s x earnings multiple for the same period. In a review of the consensus earnings estimate this quarter, 0 sell-side analysts are looking at $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $, which would be a $0.00 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $0.00 . If realized, that would be a 0.00% decrease over the year-ago quarter. Recently, d BLK from to (/fi). Previously, d BLK from to . When considering if the stock is under or overvalued, the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:BLK) Similar Articles: Market Update (NYSE:BLK): BlackRock Declares Quarterly Dividend of $2.29 on Common Stock Stock Update (NYSE:STT): State Street Corporation Declares Quarterly Dividend on its Common Stock Stock Update (NYSE:MO): Altria Declares Regular Quarterly Dividend of $0.565 per Common Share