GCM Grosvenor's last quarterly dividend payment of $0.11 per share was made to shareholders on record before Feb 29, 2024. The dividend payment stands at $0.44 per share annually, which equates to a dividend yield of 4.73%.
GCM Grosvenor's dividend yield of 4.73% is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.41%, GCM Grosvenor's dividend yield is 39% higher.
GCM Grosvenor has been paying dividends for the last three years. According to our records GCMG has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 4.8% since one year ago. However with the stock price up by 18% from a year ago, the dividend yield marks a decrease of 11%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 29, 2024 | Mar 15, 2024 | Feb 8, 2024 | $0.11 | normal |
| Nov 30, 2023 | Dec 15, 2023 | Nov 7, 2023 | $0.11 | normal |
| Aug 31, 2023 | Sep 15, 2023 | Aug 9, 2023 | $0.11 | normal |
| May 31, 2023 | Jun 15, 2023 | May 10, 2023 | $0.11 | normal |
| Feb 28, 2023 | Mar 15, 2023 | Feb 14, 2023 | $0.11 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 9, 2022 | $0.11 | normal |
| Aug 31, 2022 | Sep 15, 2022 | Aug 9, 2022 | $0.1 | normal |
| May 31, 2022 | Jun 15, 2022 | May 5, 2022 | $0.1 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Feb 15, 2022 | $0.1 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Nov 10, 2021 | $0.1 | normal |
| Aug 31, 2021 | Sep 15, 2021 | Aug 10, 2021 | $0.09 | normal |
| May 28, 2021 | Jun 15, 2021 | Feb 25, 2021 | $0.08 | normal |
| Feb 26, 2021 | Mar 15, 2021 | Jan 4, 2021 | $0.06 | normal |
GCM Grosvenor's payout ratio of 146.7% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 39.6%, GCM Grosvenor's payout ratio is 270% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PAX Patria Investments Ltd | 7.89% | $1.08 | 134.4% |
| GCMG GCM Grosvenor Inc | 4.73% | $0.44 | 146.7% |
Yes, GCM Grosvenor has paid four dividends in the last 12 months. GCMG has been paying dividends since 2021.
GCMG hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2024.
GCM Grosvenor's last regular dividend was on Feb 29, 2024 (ex-date) with the amount of $0.11 per share.
GCMG has paid dividend of $0.44 per share in the last year.
GCM Grosvenor's current dividend yield is 4.73%.
GCM Grosvenor pays dividends quarterly.
GCM Grosvenor's dividend payout ratio is 146.7%.
GCM Grosvenor's dividend yield is higher than the Financial Services sector average.