What is the ex-dividend date for the stock BX?

The ex-dividend date for BX is typically set a few business days before the record date, which is the date on which Blackstone determines who is eligible to receive the upcoming dividend payment.

On the ex-dividend date, the stock will start trading without the value of the next dividend, meaning that if an investor buys the stock on or after the ex-dividend date, they will not be eligible to receive that particular dividend payment.

Blackstone Inc.

is a major global investment management firm that pays regular quarterly dividends to its shareholders.

The company has a history of consistently increasing its dividend over time.

The most recent ex-dividend date for BX was April 26, 2024, with the dividend payment of $0.83 per share being made on May 6, 2024.

Blackstone's dividend yield as of June 7, 2024, was 2.82%, which is higher than the average dividend yield of the S&P 500 index.

The company's dividend payout ratio, which is the percentage of earnings paid out as dividends, was 112.18% based on the trailing 12-month earnings, indicating that Blackstone is paying out more in dividends than it is earning.

Blackstone's dividend growth rate over the past year was 12.2%, reflecting the firm's commitment to rewarding its shareholders with increasing payouts.

The ex-dividend date is important for investors because it determines whether they will be eligible to receive the upcoming dividend payment.

Buying the stock before the ex-dividend date is crucial to receive the dividend.

Investors who purchase the stock on or after the ex-dividend date will not receive the dividend, but the stock price may still adjust lower to reflect the upcoming dividend payment.

The ex-dividend date is determined by the company's board of directors and is typically set a few business days before the record date to allow for the settlement of trades.

The ex-dividend date is a critical factor in the overall investment strategy for income-oriented investors who rely on dividend payments as a source of regular income.

Blackstone's dividend policy and ex-dividend dates are closely monitored by the investment community, as they provide insights into the company's financial health and its commitment to returning capital to shareholders.