This is Why Goldman Sachs (GS) is a Great Dividend Stock

Company Overview - Goldman Sachs (GS) is headquartered in New York and has experienced a price change of 1.49% this year [3] - The company currently pays a dividend of $6 per share, resulting in a dividend yield of 2.06%, which is significantly higher than the Financial - Investment Bank industry's yield of 0.85% and the S&P 500's yield of 1.57% [3] Dividend Performance - Goldman Sachs has an annualized dividend of$ 12, reflecting a 4.3% increase from the previous year [4] - Over the past five years, the company has increased its dividend four times, achieving an average annual increase of 24.53% [4] - The current payout ratio is 30%, indicating that the company distributes 30% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year, Goldman Sachs anticipates solid earnings growth, with the Zacks Consensus Estimate for 2025 projected at $47.12 per share, representing a year-over-year growth rate of 16.23% [5] Investment Appeal - Goldman Sachs is viewed as an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 1 (Strong Buy) [7]