Blackstone Declares $1.16 Quarterly Dividend, Up 23% From Year-Ago Results
Blackstone Inc. (NYSE: BX), the world's largest alternative asset manager, declared a quarterly dividend of $1.16 per common share. The payment will go to shareholders of record on May 4, 2026.
Blackstone Inc. (NYSE: BX), the world's largest alternative asset manager with over $1.3 trillion in assets under management, declared a quarterly dividend of $1.16 per common share on April 23, 2026. The dividend will be paid to shareholders of record as of the close of business on May 4, 2026. Read more dividend announcements.
The payment represents part of the firm's capital return strategy that has distributed $4.97 per common share over the last twelve months through dividends. The company plans to distribute $1.5 billion to shareholders with respect to the first quarter through dividends and share repurchases.
| Dividend Details | Date |
|---|---|
| Amount Per Share | $1.16 |
| Record Date | May 4, 2026 |
| Payment Date | May 11, 2026 |
First Quarter Performance
The dividend announcement accompanied Blackstone's first quarter 2026 results, which showed distributable earnings of $1.8 billion, or $1.36 per share, for the quarter. That brought the last twelve months' distributable earnings to $7.5 billion, or $5.84 per share.
Fee-related earnings reached $1.5 billion in the quarter, or $1.26 per share. Over the last twelve months, fee-related earnings totaled $6.0 billion, or $4.90 per share.
Chairman and CEO Stephen Schwarzman said the firm delivered outstanding first-quarter results despite what he called a turbulent environment, highlighted by nearly $70 billion of inflows and positive appreciation across nearly all flagship strategies.
Capital Activity
Blackstone reported total assets under management of $1.3 trillion at quarter-end. Fee-earning assets under management stood at $937.6 billion, while perpetual capital assets reached $539.7 billion.
The firm raised $68.5 billion in inflows during the quarter and $246.3 billion over the last twelve months. Deployment totaled $35.6 billion in the quarter and $137.4 billion over the trailing year. Realizations amounted to $35.9 billion in the quarter and $136.0 billion for the last twelve months.
Net accrued performance revenues stood at $7.0 billion, or $5.69 per share. The company repurchased 0.2 million common shares in the quarter and 0.8 million shares over the last twelve months. Including dividends and buybacks, Blackstone returned $6.5 billion to shareholders over the last twelve months.
Business Overview
Blackstone operates global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Management and advisory fees rose 13% year-over-year to $2.1 billion in the quarter. Fee-related performance revenues jumped 66% to $488.1 million from $293.9 million in the year-ago quarter.