BX Raises Quarterly Dividend 11.21% to $1.29, Ex-Date Aug 3

Blackstone Inc. (BX) has announced a quarterly dividend increase of 11.21%, raising its payout to $1.29 per share from the previous $1.16. The new dividend is payable to shareholders of record as of the ex-dividend date, which is set for August 3, 2026.

The numbers

The new quarterly dividend of $1.29 translates to an annualized rate of $5.16 per share. Based on the current stock price of $134.68, the trailing twelve-month (TTM) yield stands at 3.88%, with TTM dividend per share of $5.23. This increase continues a trend of consistent growth: over the past five years, the dividend has grown at a compound annual growth rate (CAGR) of 19.7%, and BX has now increased its dividend for two consecutive years. Recent quarterly payments have varied, including $0.93 (April 2025), $1.03 (August 2025), $1.29 (November 2025), $1.49 (February 2026), and $1.16 (May 2026), before this latest raise.

What it means for income investors

For income-focused investors, this raise implies that a holder of 100 shares would receive $129 per quarter, or $516 annually, based on the new rate. The increase reflects the company's ongoing commitment to returning capital to shareholders. Investors can review the full dividend history to see the pattern of payments over time.

Reporting based on: DividendSmart market data. Figures verified against market data where available.