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BlackRock, Inc. - BLK

Posted on the 22 March 2012 by Divstkforcomman @DivStkForComMan
BlackRock, Inc., stock ticker BLK, is currently paying a $1.50 quarterly dividend to their loyal shareholders. That calculates to a current dividend yield of 3.02%, which qualifies them as an excellent company for the Common Man's stock portfolio. BLK has been increasing their dividend since March 5th, 2004 and it does not look like they are going to stop anytime soon!
BLK is an industry leading independent investment management firm. They serve their clients as a fiduciary, and derive all of their revenues from client business. BLK focuses on investment management and risk management. They invest in capital markets globally. Clients include taxable, tax-exempt and official institutions, retail investors and high net worth individuals. Their platform brings together active investments with index products and risk management to develop tailored solutions for clients. BLK's products range includes single and multi asset class portfolios investing in equities, fixed income and money market instruments.
In January of 2010, BLK completed the acquisition of Helix Financial Group LLC. During October of 2010 they completed the acquisition of all of the net assets of Primasia Investment Trust Co., LTD. Then again in March of 2012 they acquired Claymore Investments, Inc. from Guggenheim Partners, LLC. These are all signs that BLK management are on the prowl for new opportunities and maximize shareholder profits!
Please see below for BLK's statistics as of March 22nd, 2012:
52 week range $137.00 - $207.42
Mkt cap$35.58B
P/E16.03
Dividend/Dividend yield$1.50/3.02%
EPS12.38
Beta1.49
Inst. own64%
BLK has good growth prospects and a growing market share within their industry. Their P/E is still at recession lows. Their target retirement date funds continue to grow and show great growth in their iShares ETFs. BLK is definitely a powerhouse!
As previously stated, BLK continues to grow their dividend which is excellent for your Roth IRA. Their management team makes solid decisions and have proven results in every economic environment. In the last year BLK stock is up 10%. Additionally, earnings projections have increased over the past few months.
Feel free to click here to learn more about BlackRock, Inc. Also, click here to learn how to Invest for a "New World" (See video below as well). BlackRock is here to stay and in my opinion would be a great addition to your retirement Roth IRA stock portfolio. Let their dividend compound year after year and watch your money work for you!

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