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Should Income Investors Buy This Blue-Chip Dividend Stock?

Should Income Investors Buy This Blue-Chip Dividend Stock?

BlackRock generated $17.9 billion in revenue in 2022, which was 7.7% lower than the year-ago period. What was behind BlackRock this dip in revenue? Because of the decline in markets, BlackRock's average assets under management (AUM) fell 4.4% year over year to $8.9 trillion in 2022.