BlackRock’s Payouts Steady amid Rising Flows, Product Offerings

The company has declared a quarterly dividend of $2.88 in 2018 compared to $2.50 in 4Q17, forming an annualized yield of 2.1%. Asset managers (VFH) have maintained dividend yields in the range of 1.5%–2.0% aided by a rise in broader markets, wealth generation, and fund flows toward new offerings. Asset managers could see relatively low returns on equity holdings in 1H18 due to the stock market rout as well as a shift in investments, a fall in the dollar index, and a higher fiscal deficit.