BlackRock Inc. ($BLK) Stock: Declares $5.21 Quarterly Dividend, ESG Stance Draws Attention

By: coin central|2025/05/16 04:15:05
0
Share
copy
TLDRBlackRock stock rose 1.74% to $983.89 on May 15.Quarterly dividend of $5.21 declared; 2.1% annual yield.67% of shareholders supported the executive compensation plan.CEO Larry Fink addressed the global economy and ESG direction.Earnings are expected between July 14–29, 2025.BlackRock Inc. (NYSE: BLK) saw its stock rise 1.74% to $983.89 as of writing in early afternoon on May 15, 2025. The move comes after the asset manager declared a quarterly dividend and navigated a contentious annual meeting where executive pay and ESG practices were in focus.BlackRock Inc. ($BLK) During its annual meeting, 67% of votes backed executive compensation, up from 59% last year but still well below the S&P 500 average of about 90%. Proxy adviser ISS had urged a vote against the package, citing insufficient transparency. CEO Larry Fink received $30.8 million in total compensation for 2024. Rival advisory firm Glass Lewis recommended approval, citing strong financial performance.Dividend Maintained with June 2025 PayoutBlackRock confirmed a $5.21 quarterly dividend per share, equating to an annualized $20.84 and a 2.1% yield. The dividend is payable on June 23, 2025, to shareholders on record as of June 5, with an ex-dividend date of June 4.BlackRock Declares Quarterly Dividend of $5.21 on Common Stock #BLK #dividend #PressRelease #StockMarketNews https://t.co/8tlS0w7t1v— Stock Dividend USA (@DividendUsa) May 15, 2025This consistent payout continues to appeal to long-term investors, especially amid a relatively sluggish year-to-date performance. Despite a 1-year return of 23.21%, the stock is down 3.66% in 2025 so far, lagging the broader S&P 500’s 0.51% gain.CEO Fink Addresses Economy and ESGDuring the meeting, Fink struck a cautious yet confident tone on the global economy. He acknowledged the disruptive effects of former President Trump’s tariffs but noted markets have partially rebounded. “There isn’t systemic risk. Our financial system is safe and sound,” he assured shareholders.Fink also reiterated that BlackRock’s approach to environmental, social, and governance (ESG) issues is based on client mandates. In response to criticism from conservative investors, he said the firm remains balanced: “We are the largest investor in both hydrocarbons and the largest investor in renewables.”A resolution challenging BlackRock’s ESG policies received only 1% of shareholder votes, signaling little support for a shift in direction. All 18 of BlackRock’s board nominees were re-elected with over 98% backing.Earnings on the HorizonInvestors now look ahead to BlackRock’s next earnings report, expected between July 14 and July 29, 2025. Recent volatility in markets and economic uncertainty will make that report a key moment for the stock’s next move.OutlookBlackRock continues to walk a delicate line on executive pay and ESG amid political scrutiny, while maintaining shareholder value through dividends and steady long-term growth. The stock remains a strong performer over 1-year and 3-year horizons, outpacing the S&P 500, though near-term returns have dipped. The post BlackRock Inc. ($BLK) Stock: Declares $5.21 Quarterly Dividend, ESG Stance Draws Attention appeared first on CoinCentral.

You may also like

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Every trend here is affecting everyone's future survival.

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

The most important industry in the crypto world, only 300 kilometers away from the missile's impact point

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.

The little deer live by the water and grass

Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.

Popular coins

Latest Crypto News

Read more