The Goldman Sachs Group, Inc.
GSFinancial Services · Stock · quarterly payer
Forward Yield
1.88%
Annual Dividend
$20.00
Payout Ratio
26%
5-Yr Growth
22.9%
Ex-Date
Sep 1, 2026
Frequency
Quarterly
Summary
As of July 2026, The Goldman Sachs Group, Inc. (GS) yields 1.88% ($20.00 per share annually), with a blended fair-value estimate of $1,030.80 — -3% downside, so it screens as fairly valued. Dividend safety grade: A (89/100). 14 years of dividend growth.
Is GS a good dividend stock?
YesThe Goldman Sachs Group, Inc. (GS) pays a quarterly dividend yielding 1.88% ($20.00/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (26%)
- Strong 22.9% 5-yr dividend growth
- 158% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.88%
- Payout Ratio
- 26%
- Annual Dividend
- $20.00
- 5-Yr Avg Growth
- 22.9%
- Ex-Dividend Date
- Sep 1, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 1.29
- Market Cap
- $311.2B
- P/E Ratio
- 16.4
- 5-Yr Total Return
- 158%
- 52-Week Range
- $691.88 – $1,153.99
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
Frequently Asked Questions
GS Price — Last 12 Months
Daily close
Price Return
1 Year
+43%
3 Years
+225%
5 Years
+158%
52-Week Range
$691.88 – $1,153.99
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GS worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for The Goldman Sachs Group, Inc. is $1,030.80 per share, versus a market price of $1,065.22. That implies the stock is roughly fairly priced.
Fair Value
$1,030.80
Current Price
$1,065.22
Gap
-3%
Margin of Safety
-3%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 12.0% annual free-cash-flow growth. We model 5.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 10.8% discount rate (CAPM), 5.5% stage-1 growth, 2.5% terminal growth, $64.77 EPS, $20.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GS Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $4.5000 | regular |
| Mar 2, 2026 | — | $4.5000 | regular |
| Dec 2, 2025 | — | $4.0000 | regular |
| Aug 29, 2025 | — | $4.0000 | regular |
| May 30, 2025 | — | $3.0000 | regular |
| Feb 28, 2025 | — | $3.0000 | regular |
| Dec 2, 2024 | — | $3.0000 | regular |
| Aug 30, 2024 | — | $3.0000 | regular |
| May 30, 2024 | — | $2.7500 | regular |
| Feb 28, 2024 | — | $2.7500 | regular |
| Nov 29, 2023 | — | $2.7500 | regular |
| Aug 30, 2023 | — | $2.7500 | regular |
| May 31, 2023 | — | $2.5000 | regular |
| Mar 1, 2023 | — | $2.5000 | regular |
Income Calculator
At $20.00 / yr per share
