Dividend Announcements from BLK, IBM, PAG, ALEX, BAC, and FE

BlackRock declared a $5.21 per share quarterly dividend, IBM approved a $1.68 per share quarterly dividend, and Penske Automotive Group increased its quarterly dividend to $1.32 per share. Alexander & Baldwin announced a $0.225 per share third-quarter dividend, Bank of America declared a $0.28 per share quarterly dividend, and FirstEnergy declared a $0.445 per share quarterly dividend.

In a series of recent announcements, several prominent companies have declared or adjusted their quarterly dividends. These moves are significant for shareholders and investors, offering insights into the companies' financial health and dividend policies.

BlackRock, Inc. (NYSE: BLK) announced a quarterly cash dividend of $5.21 per share of common stock, payable on September 23, 2025, to shareholders of record as of September 5, 2025 [1]. This dividend is part of BlackRock’s ongoing commitment to shareholder returns and financial well-being.

IBM (NYSE: IBM) approved a quarterly cash dividend of $1.68 per common share, to be paid on September 10, 2025, to shareholders of record as of August 8, 2025 [2]. This dividend is part of IBM’s long-standing history of consistent dividend payments, which began in 1916.

Penske Automotive Group (NYSE: PAG) increased its quarterly dividend to $1.32 per share, representing a 4.8% increase, or $0.06 per share. The dividend is payable on September 3, 2025, to shareholders of record as of August 15, 2025 [2]. This is the company's 19th consecutive quarterly increase.

Alexander & Baldwin (NYSE: ALEX) announced a third-quarter 2025 dividend of $0.225 per share, payable on October 7, 2025, to shareholders of record as of September 12, 2025 [2].

Bank of America (NYSE: BAC) declared a regular quarterly cash dividend on its common stock of $0.28 per share, payable on September 26, 2025, to shareholders of record as of September 5, 2025 [2]. This represents a $0.02 increase from the prior quarter.

FirstEnergy (NYSE: FE) declared a quarterly dividend of $0.445 per share of outstanding common stock, payable on September 1, 2025, to shareholders of record as of August 7, 2025 [2]. The company expects to declare dividends totaling $1.78 per share in 2025, an increase of more than 11% from 2024.

These dividend announcements reflect the companies' commitment to returning value to shareholders and are a positive indicator of their financial stability and performance. For investors, these dividends provide a steady income stream, while for companies, they signal a focus on shareholder returns and long-term value creation.

References:
[1] https://www.businesswire.com/news/home/20250717892512/en/BlackRock-Declares-Quarterly-Dividend-of-%245.21-on-Common-Stock
[2] https://www.nasdaq.com/articles/daily-dividend-report-blkibmpagalexbacfe