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BlackRock Asset Management Canada Announces Estimated Annual Reinvested Capital Gains for iShares ETFs

  • BlackRock Canada, a subsidiary of BlackRock, Inc. (NYSE:BLK), has announced estimated annual reinvested capital gains distributions for its iShares ETFs for the 2025 tax year.
  • The final annual reinvested distribution amounts are set to be announced on December 29, 2025, with the record date on December 30, 2025, and payments scheduled for January 5, 2026.
  • Morgan Stanley has maintained an "Overweight" grade for BlackRock (BLK) with a raised price target from $1,486 to $1,514, indicating a potential increase of approximately 40.02% from the current price.

BlackRock Asset Management Canada Limited, a subsidiary of BlackRock, Inc. (NYSE: BLK), is a key player in the financial services industry, offering a wide range of investment solutions. BlackRock Canada has announced the estimated annual reinvested capital gains distributions for its iShares ETFs listed on the TSX or Cboe Canada for the 2025 tax year. These distributions are non-cash and are typically reinvested in additional units of the respective funds at year-end.

The reinvested capital gains distributions are subject to change due to factors such as subscriptions or redemptions before the ex-dividend date. BlackRock Canada plans to announce the final annual reinvested distribution amounts around December 29, 2025. The record date is set for December 30, 2025, with payments scheduled for January 5, 2026. The actual taxable amounts of reinvested and cash distributions will be reported to brokers in early 2026.

BlackRock's iShares ETFs, including IBIT.U and XAGG.U, have their distribution per unit amounts specified in U.S. dollars. The iShares Premium Money Market ETF (CMR) distribution may include an income component. BlackRock emphasizes that these forward-looking statements involve risks and uncertainties, which could lead to actual distributions differing from estimates.

Morgan Stanley maintained its "Overweight" grade for BlackRock (BLK) on December 17, 2025, with a stock price of $1,068.14. They raised BlackRock's price target from $1,486 to $1,514, indicating a potential increase of approximately 40.02% from the current price. This reflects confidence in BlackRock's financial health and growth prospects.

BlackRock's financial metrics further support its strong market position. The company has a price-to-earnings (P/E) ratio of approximately 27.64, indicating the price investors are willing to pay for each dollar of earnings. Its price-to-sales ratio stands at about 7.37, reflecting the market's valuation of its revenue. BlackRock's enterprise value to sales ratio is around 7.03, suggesting how the market values the company's total worth relative to its sales.