Trailing Dividend / Share
$13.48
The Goldman Sachs Group, Inc. (GS) Dividend History
Income profile from 1999 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
1.6%
Payout Ratio
31.5%
Sustainable
Dividend Streak
14 years
3-Second Income Check
Safety
31.5% payout ratio with sustainable safety profile.
Consistency
14 straight years of dividend increases.
Income Trend
Yield on cost is 5.3% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield1.6%
Trailing DPS$13.48
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout31.5%
Earnings SafetySustainable
FCF Payout28.5%
FCF SafetyWell Covered
Piotroski F-Score4/9
Growth
Growth Streak14 years
3Y CAGR15.9%
5Y CAGR22.9%
Yield on Cost (5Y)5.3%
YOC Trendrising
Total Returns
Buyback Yield3.8%
Total Shareholder Yield5.4%
1Y Total Return40.4%
5Y Total Return176.1%
Div Contribution (5Y)15.6%
Estimated $10K growth (return + dividends):
5Y ago$27,61510Y ago$62,11920Y ago$66,931
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (28 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
The Goldman Sachs Group, Inc. distributes 31.5% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 28.5%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
GS has raised its dividend for 14 consecutive years, with a 3-year CAGR of 15.9% and 5-year CAGR of 22.9%.
Total Shareholder Returns
Beyond cash dividends, GS returns capital through share repurchases. The combined picture: 1.6% dividend yield, 3.8% buyback yield, 5.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.3% and is currently rising. The 5-year total return is 176.1%, with dividends contributing 15.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $62,119 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$54.75
Avg/Payment$2.7375
Latest Change+12.5%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 2, 2026Latest | $4.5000 | ↑ +12.5% | 1.80% | Mar 30, 2026 |
| Dec 2, 2025 | $4.0000 | — | 1.72% | Dec 30, 2025 |
| Aug 29, 2025 | $4.0000 | ↑ +33.3% | 1.74% | Sep 29, 2025 |
| May 30, 2025 | $3.0000 | — | 2.00% | Jun 27, 2025 |
| Feb 28, 2025 | $3.0000 | — | 1.89% | Mar 28, 2025 |
| Dec 2, 2024 | $3.0000 | — | 1.91% | Dec 30, 2024 |
| Aug 30, 2024 | $3.0000 | ↑ +9.1% | 2.20% | Sep 27, 2024 |
| May 30, 2024 | $2.7500 | — | 2.44% | Jun 27, 2024 |
Dividend Peer Comparison
Peer group: Investment Banking and M&A Advisory
#5 yield in peer group
Div Yield
1.6%
#5 of 9
Safety
Sustainable
31.5% payout
Streak
14Y
22.9% 5Y CAGR
Total Shareholder
5.4%
#1 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
GSThe Goldman Sachs Gr… | $267.0B | 1.6% | 31.5% | 14 | Sustainable |
MSMorgan Stanley | $264.9B | 2.3% | 45.8% | 11 | Sustainable |
EVREvercore Inc. | $26.9B | 1.1% | 35.9% | 18 | Sustainable |
3rd NMRNomura Holdings, Inc… | $26.6B | 2.6% | 33.0% | 2 | Sustainable |
1st JEFJefferies Financial … | $9.2B | 3.8% | — | 8 | Unknown |
PIPRPiper Sandler Compan… | $4.9B | 1.4% | 40.7% | 0 | Sustainable |
2nd LAZLazard Ltd | $4.8B | 3.5% | 64.0% | 0 | Watch |
MCMoelis & Company | $4.4B | 0.1% | 2.3% | 0 | Sustainable |
HLIHoulihan Lokey, Inc. | $2.5B | 1.5% | 41.3% | 7 | Sustainable |
Annual Dividend History
28 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $4.50 | — | 1 | — | — | — | 1.7% |
| 2025 | $14.00 | 21.7% | 4 | — | — | — | 5.3% |
| 2024 | $11.50 | 9.5% | 4 | $40.54 | 28.4% | 3.53x | 4.3% |
| 2023 | $10.50 | 16.7% | 4 | $22.87 | 45.9% | 2.18x | 4.0% |
| 2022 | $9.00 | 38.5% | 4 | $30.06 | 29.9% | 3.34x | 3.4% |
| 2021 | $6.50 | 30.0% | 4 | $59.45 | 10.9% | 9.15x | 2.5% |
| 2020 | $5.00 | 20.5% | 4 | $24.74 | 20.2% | 4.95x | 1.9% |
| 2019 | $4.15 | 31.7% | 4 | $21.03 | 19.7% | 5.07x | 1.6% |
| 2018 | $3.15 | 8.6% | 4 | $25.27 | 12.5% | 8.02x | 1.2% |
| 2017 | $2.90 | 11.5% | 4 | $9.01 | 32.2% | 3.11x | 1.1% |
See GS's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does GS pay per share?
The Goldman Sachs Group, Inc. (GS) pays a trailing 12-month dividend of $13.48 per share, with a current dividend yield of +1.6%. Payments are made Annual.
When is GS's next ex-dividend date?
GS's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. GS typically pays dividends Annual.
Is GS's dividend safe?
GS's dividend safety is rated "Sustainable" based on an earnings payout ratio of +31.5% and FCF payout ratio of +28.5%. With 14 consecutive years of dividend growth, the track record supports sustainability.
Is GS a Dividend Achiever?
Yes, The Goldman Sachs Group, Inc. is classified as a Dividend Achiever with 14 consecutive years of dividend increases. The 5-year dividend CAGR is +22.9%, demonstrating above-inflation dividend growth.
How often does GS pay dividends?
The Goldman Sachs Group, Inc. pays dividends Annual. The trailing 12-month total is $13.48 per share. Dividend data on this page covers 27+ years from 1999 to 2026.
How much would $10,000 invested in GS grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in GS five years ago would be worth approximately $27,615 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is GS's yield on cost for long-term holders?
GS's yield on cost — the current dividend divided by the original purchase price — is +5.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +1.6% market yield, thanks to consistent dividend growth.