Michael M. Santiago
Goldman Sachs Group (NYSE:GS) plans to boost its quarterly dividend by 33% to $4.00 per share starting July 1, 2025, from its current level of $3.00 per share, the company said on Tuesday.
The capital return increase comes after Goldman Sachs’ (NYSE:GS) 2025 stress test result showed a 280-basis-point improvement in its estimated stress capital buffer — to 3.4% from 6.2% in 2024. The Federal Reserve will issue the final SCB requirement by Aug. 31, 2025.
The bank’s SCB from 2024 was revised to 6.1% from the 6.2% final ratio issued in August 2024.
“Today’s announcement is a reflection of the work we have done over the years to reduce our capital intensity,” said Chairman and CEO David Solomon.
Goldman Sachs (GS) stock was little changed in after-hours trading.
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