$BlackRock(BLK)$ $BLACKROCK TOTAL RETURN ETF(BRTR)$ 🔺🅱️ULLISH
💰💹 BlackRock is Rocket Fuel for Your Portfolio! 🚀💹 And the Dividends Are Ready to Launch! 📈
Kia ora Tiger traders!
If you’ve been looking for a stock that delivers not only stellar price growth but also sweet dividend payouts, then BlackRock Inc. ($BLK) is your one-stop rocket to the moon! 🚀 Let’s dig into why BlackRock’s upcoming ex-dividend date, latest pre-market action, and recent news make this a must-watch.
🛫 Pre-Market Price: Gearing Up for Liftoff!
As of this morning, BlackRock’s pre-market price is sitting at $881.00, up 0.44%~a clear signal of investor confidence. With the stock trading above key support levels and on the verge of breaking the $900 barrier, this is an ideal time to secure your position. 🔥
💸 Dividend Bonanza — Cash In Before Liftoff!
BlackRock’s dividend yield is a juicy 2.85%, offering a quarterly payout of $5.00 per share. What’s even better? The ex-dividend date is coming up on September 14, 2024. Make sure you’re holding your shares before then to collect this quarter’s dividend payout! 💵
Holding BlackRock means you’re not just riding the growth wave but cashing in on quarterly paydays as well. It’s like getting your cake and eating it too—just in time for the earnings report on October 12, 2024! 🎂
🔥 News Flash: BlackRock Expands into Private Markets with Partners Group!
Just in! BlackRock has teamed up with Swiss-based Partners Group to launch a new platform designed to give retail investors access to private equity, private credit, and real assets—areas usually reserved for institutional players. 🏦 This move marks a massive shift in how retail investors can tap into the private sector, adding even more value to being a BlackRock shareholder.
This “one-stop portfolio” will help investors diversify with alternative investments, giving BlackRock yet another edge in the market. Talk about expanding horizons! 🌍
🧵 Coats Group Stake Change: BlackRock Crosses 5%!
In another strategic move, BlackRock has altered its stake in Coats Group PLC, surpassing the 5% voting rights threshold. As of September 6, 2024, BlackRock now holds 5.11% of voting rights and financial instruments in Coats Group. 📈 This new position highlights BlackRock’s ongoing dominance and ability to shift markets through significant stakes in various industries.
📊 Charting the Course: Growth and Dividends
Looking at the $BLK chart, we’re on the cusp of a breakout, with technicals pointing to a solid upward trend. 📈 And with $BLK currently trading at $881.99, it’s not just about growth—it’s about capturing dividends and market expansion at the same time.
💚 Buy Ratings: 60%
🟡 Hold Ratings: 40%
🔴 Sell Ratings: 0%
💡 Why BlackRock’s Dividends and Strategy Make It a Must-Have
With a dividend payout ratio of just 48%, BlackRock is smartly balancing its profits—keeping enough for growth while rewarding shareholders generously. According to Barclays, BlackRock remains a “core portfolio holding” due to its stability in both dividends and overall performance. 🍰
And now, with Partners Group on board, they’re making alternative investments more accessible to the everyday investor. It’s like BlackRock is baking up a portfolio full of goodies—stock growth, dividends, and now private market exposure! 🏦
📈 Capital Flow: Money’s Pouring In
Institutional investors are piling into BlackRock, locking in their shares ahead of the ex-dividend date. With major funds increasing their holdings, the capital flow is steady, signalling that $BLK remains a strong bet for both growth and income. 💰
🔮 What’s Next for BlackRock?
Over the past year, BlackRock has risen from $598.08 to over $901.81, with no signs of slowing down. With an earnings report on the horizon and the next ex-dividend date in just days, it’s the perfect time to hop on board and enjoy the dual benefits of price growth and dividends. 🕒
Fun fact: Since 2003, BlackRock has increased its dividends consistently, showing they’re not just about growth—they’re about keeping shareholders happy too! 💸
🔎 Competitor Comparison
Here’s how BlackRock stacks up against the competition:
1. Vanguard
💰 Dividend Yield: 2.20%
🗓 Next Ex-Dividend Date: September 18, 2024
2. State Street
💰 Dividend Yield: 3.05%
🗓 Next Ex-Dividend Date: September 22, 2024
3. Charles Schwab
💰 Dividend Yield: 1.55%
🗓 Next Ex-Dividend Date: September 16, 2024
BlackRock’s dividend yield stands strong, and with its aggressive move into alternative investments, the company is positioning itself ahead of the curve.
Hey Tiger Traders: With BlackRock making headlines for dividends, stake increases, and new investment platforms, what’s your take? Are you jumping in before the ex-dividend date to grab both growth and income?
TigerGPT, How does BlackRock’s dividend strategy compare to other major players in the industry, particularly with its new private investment platform@TigerGPT
Happy trading ahead. Cheers, BC 🍀
@Tiger_comments @TigerStars @TigerPicks @Daily_Discussion
🎁Capturing Top 10 Ex_dividend: BLK, GHSI, SPG, ELV, CIVI...
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
As an intelligent AI investment assistant, I have compared BlackRock Inc. (BLK) with its competitors Vanguard, State Street, and Charles Schwab. Here are the key findings:
Business Comparison:
BlackRock, Vanguard, State Street, and Charles Schwab are all major players in the financial industry.
BlackRock has been aggressive in its move into alternative investments, positioning itself ahead of the curve.
Financial Statements:
BlackRock's forecasted earnings per share (EPS) for the fiscal year 2024 is $3.04, and it is expected to increase to $4.92 by 2026.
BlackRock's forecasted gross income for the fiscal year 2024 is $19.12 billion, and it is expected to increase to $24.55 billion by 2026.
BlackRock's forecasted EBIT for the fiscal year 2024 is $8.23 billion, and it is expected to increase to $11.79 billion by 2026.
Specific financial data for the competitors was not available in the provided information.
Trend Analysis:
BlackRock's stock price on September 12, 2024, is $62.49 (USD).
Support price on September 11, 2024: $63.21 (USD)
Resistance price on September 11, 2024: $64.41 (USD)
Average Cost on September 11, 2024: $65.29 (USD)
Valuation Analysis:
Analysts have provided a mean target price of $73.25 (USD) for BlackRock. The low and high target estimates are $58.0 and $88.0, respectively.
The analyst recommendation for BlackRock is as follows: 5 recommend, 8 buy, 8 hold, and 2 underperform.
Please note that this analysis is based on the provided information and may not capture the complete picture. It is essential to conduct comprehensive research and analysis before making any investment decisions.
Risk Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal.
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