Blackstone Inc. Offers Attractive Dividend Yield for Investors

Current Dividend Yield Exceeds 2%

In trading on Monday, shares of Blackstone Inc (Symbol: BX) yielded over 2%, based on its quarterly dividend of $3.44, with the stock trading as low as $169.20. Dividends play a significant role for investors, as they historically contribute to a large part of stock market returns. For instance, someone who bought shares of the S&P 500 ETF (SPY) on December 31, 1999, at a price of $146.88 per share would have seen the price drop to $142.41 by December 31, 2012. This decline represents a loss of $4.67 per share over that period. However, during the same time, the investor would have earned $25.98 in dividends, leading to a total return of 23.36%. Even with reinvested dividends, the average annual total return only amounts to about 1.6%. In this context, a sustainable yield above 2% from Blackstone Inc is particularly appealing. As a member of the S&P 500, Blackstone holds a prominent position among large-cap companies.

Assessing Blackstone’s Dividend Sustainability

Dividend payments can fluctuate and often reflect the financial health of a company. To evaluate whether Blackstone Inc’s recent dividend is likely to continue, it’s useful to analyze its historical dividend trends shown in the chart below.

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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.