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GS Goldman Sachs Group dividend history, payout ratio & dates

  1. Stocks
  2. Financial Services
  3. NYSE: GS
  4. Dividend

Goldman Sachs Group's last quarterly dividend was on Nov 29, 2023 (ex-date) with a distribution of $2.75 per share. On an annualized basis, the company has a current payout of $10.5 per share. This brings the dividend yield to 3.07% based on its recent close price.

Key dates

  • GS last dividend date: Nov 29, 2023
  • GS next dividend date: Not announced
Peer dividends: MS JPM BAC C
GS dividend stats
DPS
$10.5
Dividend yield
3.07%
Payout ratio
50.3%
vs. Financial Services sector
Dividend yield
3.38%
Payout ratio
36.5%

Dividend yield

What is Goldman Sachs Group current dividend yield

Goldman Sachs Group's dividend yield of 3.07% is above the industry average but below the Financial Services sector and its peers average. Compared to its Financial Services sector average of 3.38%, Goldman Sachs Group's dividend yield is 9% lower. The current dividend yield is above the historical average of 2.2% of the last 5 years.

Dividend history

What is GS dividend payout history and dates

Goldman Sachs Group has been paying dividends since 1999. GS has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 17% since one year ago. And with the stock price down by 6% from a year ago, the dividend yield marks an increase of 24%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 29, 2023 Dec 28, 2023 Oct 12, 2023 $2.75 normal
Aug 30, 2023 Sep 28, 2023 Jul 19, 2023 $2.75 normal
May 31, 2023 Jun 29, 2023 Apr 18, 2023 $2.5 normal
Mar 1, 2023 Mar 30, 2023 Jan 13, 2023 $2.5 normal
Nov 30, 2022 Dec 29, 2022 Oct 17, 2022 $2.5 normal
Aug 31, 2022 Sep 29, 2022 Jul 14, 2022 $2.5 normal
May 31, 2022 Jun 29, 2022 Apr 13, 2022 $2 normal
Mar 1, 2022 Mar 30, 2022 Jan 14, 2022 $2 normal
Dec 1, 2021 Dec 30, 2021 Oct 13, 2021 $2 normal
Aug 31, 2021 Sep 29, 2021 Jul 12, 2021 $2 normal
May 28, 2021 Jun 29, 2021 Apr 13, 2021 $1.25 normal
Mar 1, 2021 Mar 30, 2021 Jan 15, 2021 $1.25 normal
Dec 1, 2020 Dec 30, 2020 Oct 13, 2020 $1.25 normal
Aug 31, 2020 Sep 29, 2020 Jul 14, 2020 $1.25 normal
May 29, 2020 Jun 29, 2020 Apr 14, 2020 $1.25 normal
Feb 28, 2020 Mar 30, 2020 Jan 14, 2020 $1.25 normal
Nov 29, 2019 Dec 30, 2019 Oct 14, 2019 $1.25 normal
Aug 29, 2019 Sep 27, 2019 Jul 15, 2019 $1.25 normal
May 29, 2019 Jun 27, 2019 Apr 12, 2019 $0.85 normal
Feb 27, 2019 Mar 28, 2019 Jan 15, 2019 $0.8 normal
Nov 29, 2018 Dec 28, 2018 Oct 15, 2018 $0.8 normal
Aug 29, 2018 Sep 27, 2018 Jul 16, 2018 $0.8 normal
May 30, 2018 Jun 28, 2018 Apr 16, 2018 $0.8 normal
Feb 28, 2018 Mar 29, 2018 Jan 16, 2018 $0.75 normal
Nov 29, 2017 Dec 28, 2017 Oct 16, 2017 $0.75 normal
Aug 29, 2017 Sep 28, 2017 $0.75 normal
May 30, 2017 Jun 29, 2017 Apr 18, 2017 $0.75 normal
Feb 28, 2017 Mar 30, 2017 Jan 17, 2017 $0.65 normal
Nov 29, 2016 Dec 29, 2016 Oct 17, 2016 $0.65 normal
Aug 30, 2016 Sep 29, 2016 Jul 18, 2016 $0.65 normal
May 27, 2016 Jun 29, 2016 Apr 18, 2016 $0.65 normal
Feb 29, 2016 Mar 30, 2016 Jan 19, 2016 $0.65 normal
Nov 30, 2015 Dec 30, 2015 Oct 14, 2015 $0.65 normal
Aug 28, 2015 Sep 29, 2015 Jul 15, 2015 $0.65 normal

Goldman Sachs Group dividend payout ratio

What is Goldman Sachs Group dividend payout ratio compared to the sector

Payout ratio

Goldman Sachs Group's payout ratio of 50.3% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 36.5%, Goldman Sachs Group's payout ratio is 38% higher.

Total amount of dividends paid per financial year (from cash flow)

GS dividend vs peer dividends

How does GS dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
C Citigroup Inc 4.35% $2.08 32.7%
MS Morgan Stanley 4.09% $3.25 57.6%
GS Goldman Sachs Group Inc 3.07% $10.5 50.3%
BAC Bank Of America Corp 3.01% $0.92 25.6%
JPM Jpmorgan Chase & Co 2.59% $4.05 24.2%

Frequently asked questions

Does Goldman Sachs Group pay a dividend?

Yes, Goldman Sachs Group has paid four dividends in the last 12 months. GS has been paying dividends since 1999.

When is Goldman Sachs Group's next dividend?

GS 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 February 2024.

When was GS's last dividend?

Goldman Sachs Group's last regular dividend was on Nov 29, 2023 (ex-date) with the amount of $2.75 per share.

How much dividend does Goldman Sachs Group pay (per share)?

On an annual basis GS pays $10.5 per share.

What is Goldman Sachs Group's dividend yield?

Goldman Sachs Group's current dividend yield is 3.07%.

How often does Goldman Sachs Group pay dividends?

Goldman Sachs Group pays four dividends per year.

What is Goldman Sachs Group's dividend payout ratio?

The dividend payout ratio of Goldman Sachs Group is 50.3%.

Does Goldman Sachs Group pay a good dividend?

Goldman Sachs Group's dividend yield is below the Financial Services sector average.