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Blackstone (Blackstone) 3-Year Dividend Growth Rate : 20.20% (As of Dec. 2023)


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What is Blackstone 3-Year Dividend Growth Rate?

Blackstone's Dividends per Share for the three months ended in Dec. 2023 was $0.80.

The historical rank and industry rank for Blackstone's 3-Year Dividend Growth Rate or its related term are showing as below:

BX' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -19.8   Med: 12.9   Max: 77.3
Current: 20.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Blackstone was 77.30% per year. The lowest was -19.80% per year. And the median was 12.90% per year.

BX's 3-Year Dividend Growth Rate is ranked better than
87.4% of 865 companies
in the Asset Management industry
Industry Median: 1.7 vs BX: 20.20

During the past 12 months, Blackstone's average Dividends Per Share Growth Rate was -32.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 20.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Blackstone's Dividend Payout Ratio for the three months ended in Dec. 2023 was 4.00. As of today, Blackstone's Dividend Yield % is 2.75%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Blackstone Inc is 1.81, which seems too high.

Warning Sign:

Blackstone Inc stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Blackstone's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Blackstone's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Blackstone's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Blackstone's 3-Year Dividend Growth Rate falls into.



Blackstone 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Blackstone  (NYSE:BX) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Blackstone's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.8/ 0.2
=4.00

During the past 13 years, the highest Dividend Payout Ratio of Blackstone was 2.79. The lowest was 0.44. And the median was 1.07.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Blackstone Inc is 1.81, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Blackstone Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.9402024-02-022024-02-052024-02-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.8002023-10-272023-10-302023-11-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.7902023-07-282023-07-312023-08-07Cash DividendquarterlyUSD:USD 1.000000
USD 0.8202023-04-282023-05-012023-05-08Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Blackstone's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=3.35/121.67
=2.75 %

Current Share Price is $121.67.
Blackstone's Dividends per Share for the trailing twelve months (TTM) ended in Today is $3.35.

During the past 13 years, the highest Dividend Yield of Blackstone was 11.81%. The lowest was 2.01%. And the median was 4.78%.

Warning Sign:

Blackstone Inc stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Blackstone 3-Year Dividend Growth Rate Related Terms>


Blackstone (Blackstone) Business Description

Traded in Other Exchanges
Address
345 Park Avenue, New York, NY, USA, 10154
Blackstone is the world's largest alternative asset managers with $1.001 trillion in total asset under management, including $731.1 billion in fee-earning asset under management, at the end of June 2023. The company has four core business segments: private equity (23% of fee-earning AUM and 27% of base management fees); real estate (39% and 44%); credit & insurance (28% and 21%); and hedge fund solutions (10% and 8%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices located in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
Executives
David Payne officer: Chief Accounting Officer C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Ruth Porat director C/O GOOGLE INC., 1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043
John G Finley officer: Chief Legal Officer C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Joseph Baratta director C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Reginald J Brown director C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
William G Parrett director THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
James Breyer director ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301
Hamilton E James director, officer: President and COO JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jonathan Gray director C/O THE BLACKSTONE GROUP, 345 PARK AVE. 31ST FL., NEW YORK NY 10154
Joan Solotar officer: SMD - Public Market Activities THE BLACKSTONE GROUP L.P.,, 345 PARK AVENUE, NEW YORK NY 10154
Christopher Striano officer: Principal Accounting Officer C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
John A. Hood director C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Kelly Ayotte director C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Bennett J Goodman director C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
J Tomilson Hill director, officer: Vice Chairman