> ## Content Index > Fetch the complete content index at: https://www.bullished.co/llms.txt > Use this file to discover other available public pages before exploring further. # Blackstone's Dividend Falls 13% To $1.12 A Share As Profit From Asset Sales Shrinks - URL: https://www.bullished.co/blackstones-dividend-falls-13-to-1-12-a-share-as-profit-from-asset-sales-shrinks-2d9826ef/ - Published: 2026-10-22T11:09:46.000Z - Updated: 2026-10-28T18:29:15.000Z - Description: Fee profit rose 6% in the third quarter, but realized performance revenues dropped 38% and assets under management grew 10%. - Author: Matteo Parrino - Tags: Earnings, BX, Industry: Financials [Blackstone](https://www.bullished.co/tag/bx/) declared a [quarterly dividend of $1.12 per share](https://www.sec.gov/Archives/edgar/data/0001393818/000119312526428297/d160590dex991.htm?ref=bullished.co), down 13% from $1.29 in the third quarter of last year, in an [8-K](https://www.bullished.co/learn/8-k-items-explained/) filed Thursday. The cut tracks distributable earnings, the cash profit that funds the payout, which fell 9% to $1.7 billion, or $1.32 per share. ## What the results show Distributable earnings were $1,715.7 million, against $1,889.5 million a year earlier. Per common share, they dropped 13% from $1.52 to $1.32. The drag was realized performance revenues, the fees earned when funds sell investments. They fell 38% to $464.4 million. Fee related earnings, the profit from recurring fees, rose 6% to $1.6 billion, or $1.26 per share. On a standard accounting basis, net income attributable to Blackstone was $662 million, or $0.83 per share, up from $0.80 a year earlier. The dividend is payable November 9 to holders of record on November 2\. After retained capital, the payout is set from distributable earnings per share: $1.32 less $0.20 leaves $1.12. ## Growth underneath the decline Total assets under management rose 10% from a year earlier to $1,368.3 billion. Inflows reached $63.3 billion in the quarter and $271.6 billion over the last twelve months. Blackstone deployed $30.1 billion and realized $33.1 billion in the quarter. Dry powder, capital raised but not yet invested, stood at $228.9 billion. By segment, private equity assets rose 18% to $465.4 billion and credit and insurance rose 11% to $480.0 billion. Real estate assets fell 4% to $309.0 billion, and its fee related earnings fell 9%. Chairman and CEO Stephen A. Schwarzman said the firm delivered "strong third-quarter results amid a volatile external environment." ## Cash and shareholder returns Blackstone ended the quarter with $13.2 billion in cash, corporate treasury and other investments. It has a $4.3 billion credit revolver, with $3.6 billion undrawn. It said $1.5 billion will go to shareholders for the quarter through dividends and buybacks. It repurchased 0.2 million shares in the quarter, with $1.6 billion of authorization remaining. Blackstone's stock closed at $109.57 on Wednesday, before the report. Management hosts its third-quarter investor webcast Thursday at 9:00 a.m. ET, with a replay on the company's investor site. Learn - [Item 2.02: results of operations →](https://www.bullished.co/learn/8-k-items-explained/#item-202-results-of-operations) From 8-K Items Explained: What Every Item Code From 1.01 To 9.01 Tells You, With Examples ### Sources - [8-K Filing — Blackstone Inc. (BX)](https://www.sec.gov/Archives/edgar/data/0001393818/000119312526428297/d160590d8k.htm?ref=bullished.co) — SEC EDGAR - [Exhibit d160590dex991.htm — Blackstone Inc. 8-K exhibit](https://www.sec.gov/Archives/edgar/data/0001393818/000119312526428297/d160590dex991.htm?ref=bullished.co) — SEC EDGAR ### More on Blackstone - [Blackstone Prices $1.1 Billion Of Senior Notes, With Coupons Of 5.650% And 5.900%](https://www.bullished.co/blackstone-prices-1-1-billion-of-senior-notes-with-coupons-of-5-650-and-5-900-9d38745d/) - [Blackstone Moves To Sell Senior Notes Through A Finance Subsidiary, With Six Guarantors Behind Them](https://www.bullished.co/blackstone-moves-to-sell-senior-notes-through-a-finance-subsidiary-with-six-guarantors-0ee92457/) - [Blackstone Director Joseph Baratta To Resign December 31, And The Board Shrinks To Seven](https://www.bullished.co/blackstone-director-joseph-baratta-to-resign-december-31-and-the-board-shrinks-to-seven-67d16c86/) [All Blackstone (BX) coverage →](https://www.bullished.co/tag/bx/)