StepStone Group's most recent cash dividend of $0.15 per share was issued to shareholders on record before Jun 14, 2024. The payout stands at $0.78 per share annually, which works out to a dividend yield of 1.58%.
StepStone Group's dividend yield of 1.58% is lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 2.83%, StepStone Group's dividend yield is 44% lower.
StepStone Group has been paying dividends for the last four years. According to our data STEP has distributed four dividends in the past year. The annualized dividend per share has decreased by 2.5% for the last twelve months. And since the stock price has gone up by 77% from a year ago, the dividend yield has decreased by 45%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jun 14, 2024 | Jun 28, 2024 | May 21, 2024 | $0.15 | normal |
| Feb 28, 2024 | Mar 15, 2024 | Feb 5, 2024 | $0.21 | normal |
| Nov 29, 2023 | Dec 15, 2023 | Nov 6, 2023 | $0.21 | normal |
| Aug 30, 2023 | Sep 15, 2023 | Aug 3, 2023 | $0.21 | normal |
| Jun 14, 2023 | Jun 30, 2023 | May 24, 2023 | $0.25 | special |
| Jun 14, 2023 | Jun 30, 2023 | May 24, 2023 | $0.2 | normal |
| Feb 27, 2023 | Mar 15, 2023 | Feb 9, 2023 | $0.2 | normal |
| Nov 29, 2022 | Dec 15, 2022 | Nov 3, 2022 | $0.2 | normal |
| Aug 30, 2022 | Sep 15, 2022 | Aug 4, 2022 | $0.2 | normal |
| Jun 14, 2022 | Jun 30, 2022 | May 26, 2022 | $0.2 | normal |
| Feb 25, 2022 | Mar 15, 2022 | Feb 8, 2022 | $0.15 | normal |
| Nov 29, 2021 | Dec 15, 2021 | Nov 9, 2021 | $0.15 | normal |
| Aug 30, 2021 | Sep 15, 2021 | Aug 10, 2021 | $0.07 | normal |
| Jun 29, 2021 | Jul 15, 2021 | Jun 15, 2021 | $0.07 | normal |
| Mar 18, 2021 | Mar 12, 2021 | Feb 9, 2021 | $0.07 | normal |
StepStone Group's payout ratio of 85.7% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 41.2%, StepStone Group's payout ratio is 108% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PAX Patria Investments Ltd | 7.85% | $1.02 | 128% |
| STEP StepStone Group Inc | 1.58% | $0.78 | 85.7% |
Yes, StepStone Group has been paying dividends for the last four years.
StepStone Group's last dividend ex-date was on Jun 14, 2024. The dividend amount was $0.15 per share.
STEP's annualized dividend per share is $0.78.
StepStone Group's current dividend yield is 1.58%.
StepStone Group's dividend payout ratio is 85.7%.
StepStone Group's dividend yield is lower than the Financial Services sector average.