GCM Grosvenor's last quarterly dividend payment of $0.11 per share was made to shareholders on record before Aug 31, 2023. The dividend payment stands at $0.44 per share annually, which equates to a dividend yield of 5.35%.
GCM Grosvenor's dividend yield of 5.35% is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.53%, GCM Grosvenor's dividend yield is 52% higher.
GCM Grosvenor has been paying dividends for the last two years. According to our records GCMG has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 10% since one year ago. And with the stock price down by 5% from a year ago, the dividend yield marks an increase of 16%.
|Ex-date||Payment date||Declared on||Amount||Type|
|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 137.5% is above the Financial Services sector and the industry average. If we compare it with its Financial Services sector average of 36.6%, GCM Grosvenor's payout ratio is 276% higher.
Yes, GCM Grosvenor has paid four dividends in the last 12 months. GCMG has been paying dividends since 2021.
GCMG has announced its next dividend with ex-date Nov 30, 2023.
GCM Grosvenor's last regular dividend was on Aug 31, 2023 (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 5.35%.
GCM Grosvenor pays dividends quarterly.
GCM Grosvenor's dividend payout ratio is 137.5%.
GCM Grosvenor's dividend yield is higher than the Financial Services sector average.