Is BlackRock the Dividend Stock for You?
BlackRock (NYSE: BLK) is the largest asset management firm in the country, with $9 trillion in assets under management. It's also the largest manager of exchange-traded funds (ETFs), through iShares. The ongoing surge in popularity of ETFs has helped propel BlackRock's growth over the past decade, and they should continue to drive profits over the next decade.
This year, BlackRock's stock price is up about 14% as of Friday's close, following a 47% gain in 2020. It also pays out a reliable dividend -- and for many investors, this combination of steady capital appreciation and attractive payouts makes it a stock worth considering. Let's take a closer look to see if BlackRock is the right dividend stock for you.
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Source Fool.com
