GS – Dividend Returns, History & Calculator
The Goldman Sachs Group, Inc., a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. It operates through Global Banking
...Company Info
Price Data
Dividend Data
Growth Rates
Total Returns
Fair Value
Financial Metrics
Calculate your GS Dividend Returns
Quickly and easily calculate GS dividend yield using our GS calculator. Adjust the fields below to see how your GS investments snowball over time.
Portfolio Growth Over Time
Data last updated: October 15, 2025 4:07 pm
Year-by-Year Portfolio Growth (Realistic DRIP Scenario)
Year | Start Balance | Start Shares | Share Price | Dividend / Share | Dividend Yield | Yield on Cost | Annual Dividend | Total Dividends | End Shares | End Balance |
---|---|---|---|---|---|---|---|---|---|---|
1 | $10,000 | 13 | $772.27 | $4.00 | 2.07% | 2.07% | $224 | $224 | 15 | $11,424 |
2 | $13,200 | 15 | $892.27 | $4.80 | 2.15% | 2.48% | $302 | $527 | 16 | $14,702 |
3 | $16,987 | 16 | $1,030.93 | $5.75 | 2.23% | 2.98% | $399 | $926 | 18 | $18,586 |
4 | $21,474 | 18 | $1,191.12 | $6.90 | 2.32% | 3.57% | $519 | $1,445 | 19 | $23,193 |
5 | $26,797 | 19 | $1,376.22 | $8.27 | 2.40% | 4.29% | $668 | $2,114 | 21 | $28,666 |
6 | $33,120 | 21 | $1,590.07 | $9.92 | 2.50% | 5.14% | $853 | $2,967 | 22 | $35,173 |
7 | $40,639 | 22 | $1,837.15 | $11.90 | 2.59% | 6.16% | $1,083 | $4,050 | 23 | $42,922 |
8 | $49,592 | 23 | $2,122.63 | $14.27 | 2.69% | 7.39% | $1,368 | $5,417 | 25 | $52,159 |
9 | $60,264 | 25 | $2,452.47 | $17.12 | 2.79% | 8.86% | $1,721 | $7,138 | 26 | $63,185 |
10 | $73,004 | 26 | $2,833.57 | $20.53 | 2.90% | 10.63% | $2,160 | $9,299 | 27 | $76,364 |
GS Dividend History
Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
---|---|---|---|---|---|
08/29/2025 | 08/29/2025 | $4.00 | 1.74% | 2.15% | $745.25 |
05/30/2025 | 05/30/2025 | $3.00 | 2.00% | 2.00% | $600.45 |
02/28/2025 | 02/28/2025 | $3.00 | 1.89% | 1.93% | $622.29 |
12/02/2024 | 12/02/2024 | $3.00 | 1.91% | 1.99% | $601.71 |
08/30/2024 | 08/30/2024 | $3.00 | 2.20% | 2.35% | $510.25 |
05/30/2024 | 05/30/2024 | $2.75 | 2.44% | 2.44% | $450.23 |
02/28/2024 | 02/28/2024 | $2.75 | 2.73% | 2.80% | $393.18 |
11/29/2023 | 11/29/2023 | $2.75 | 3.09% | 3.23% | $340.26 |
08/30/2023 | 08/30/2023 | $2.75 | 3.12% | 3.35% | $328.58 |
05/31/2023 | 05/31/2023 | $2.50 | 3.09% | 3.09% | $323.90 |
03/01/2023 | 03/01/2023 | $2.50 | 2.74% | 2.89% | $346.23 |
11/30/2022 | 11/30/2022 | $2.50 | 2.33% | 2.59% | $386.15 |
08/31/2022 | 08/31/2022 | $2.50 | 2.56% | 3.01% | $332.67 |
05/31/2022 | 05/31/2022 | $2.00 | 2.45% | 2.45% | $326.85 |
03/01/2022 | 03/01/2022 | $2.00 | 2.21% | 2.44% | $328.20 |
12/01/2021 | 12/01/2021 | $2.00 | 1.73% | 2.12% | $376.48 |
08/31/2021 | 08/31/2021 | $2.00 | 1.39% | 1.93% | $413.51 |
05/28/2021 | 05/28/2021 | $1.25 | 1.34% | 1.34% | $372.02 |
03/01/2021 | 03/01/2021 | $1.25 | 1.52% | 1.52% | $329.92 |
12/01/2020 | 12/01/2020 | $1.25 | 2.15% | 2.15% | $232.08 |
GS 10-yr Total Return ($10,000 invested)
This analysis of GS demonstrates the power of dividend reinvestment over a 10-year period with a $10,000 initial investment. The dividend reinvestment strategy delivered a 17.5% CAGR, representing strong long-term performance. Recent 5-year performance has been particularly strong at 32.8% annually, outpacing the 10-year average. The DRIP strategy provided 19% more total return compared to collecting dividends as cash, highlighting the compounding effect of reinvestment.
Total Return with and without DRIP (GS)
Over the selected period, investing $10,000 in GS would grow to $59,934 with DRIP (499.3%), and $52,125 without DRIP (421.2%).
GS Dividend Reinvestment Snowball
Investing $10,000 + $100/mo in GS with historic price growth (15.47%) and dividend growth (19.93%) produces dramatically different outcomes depending on whether you reinvest dividends.
After 20 Years
Your Investment: $34,000
Portfolio: $531,072
Annual Dividend: $23,581
Yield on Cost: 69.35%
Total Dividends: $95,028
Portfolio: $384,621
Total Dividends: $66,208
After 30 Years
Your Investment: $46,000
Portfolio: $3,681,597
Annual Dividend: $238,639
Yield on Cost: 518.78%
Total Dividends: $926,106
Portfolio: $1,806,700
Total Dividends: $437,457
Milestones on the way
By year 13, the compounding really starts to show. Your total dividends collected reach $19,047 against a total investment of $25,600. At this point, your portfolio is throwing off $4,997 per year in dividends alone.
By year 17, the annual dividend climbs to around your initial contribution. For a starting investment of $10,000, the yearly dividend now sits at approximately $12,089, a powerful “income on autopilot” milestone.
After two decades, cumulative dividends total $95,028 versus $34,000 invested, nearly a 279% recovery of capital purely from income. Yield on cost reaches 69.35%.
At year 25, the income engine takes over. The portfolio’s annual dividend of $73,490 is greater than total contributions to date ($40,000), and cumulative dividends exceed $293,553.
By year 30, the DRIP snowball is in full force. Yearly income reaches $238,639, cumulative dividends total $926,106, and the DRIP portfolio value stands at $3,681,597, compared with $1,806,700 if dividends weren’t reinvested.
How we estimate these numbers
We use the latest calculator inputs for GS, price $767.93, dividend per period $4.00 (4×/year), along with historic growth assumptions: price growth 15.47% and dividend growth 19.93% annually.
We simulate month by month for 30 years. Every month, a $100 contribution is added and converted to shares at that month’s price. Dividends are paid roughly evenly across the year based on the dividend frequency; in the DRIP path, each payout immediately buys additional shares at the then-current price. In the No‑DRIP path, dividends accrue as cash. Prices grow using a monthly rate derived from the annual price growth. Dividends per share increase once per year at the annual dividend growth rate.
This model isn’t investment advice; it’s a simple, transparent framework that illustrates how reinvesting dividends can accelerate both income and total return over time.
Projected Future Returns & Dividends for GS
Based on past 10-year performance, here are GS growth metrics:
Using GS CAGR metrics, we can estimate that your initial $10,000 investment, over the next 10 years, should grow as follows:
GS (DRIP) | GS (No DRIP) | |
---|---|---|
Current Price | $772.27 | $772.27 |
Start Shares | 12.95 | 12.95 |
Start Value | $10,000 | $10,000 |
After 10 years: | ||
Final Share Count | 17.56 | 12.95 |
Dividends Payment | $83.20 | $83.20 |
Annual Dividends | $1,403 | $1,077 |
Yield on cost | 14.03% | 10.77% |
Share Price | $2,007.08 | $2,007.08 |
Total Dividends | $6,732 | $5,725 |
Final Value | $35,243 | $31,714 |
Estimated Future Value + Dividends – GS
Dividend History: Payments & Yield
Shows quarterly dividend payments with trailing yield and a 5-year rolling average overlay. Use the range pills to switch the visible period.
Dividend Growth
Lifetime quarterly dividend amounts, with range controls for 1Y/2Y/5Y/10Y. Useful to visualize the cadence and pace of dividend increases over time.
Dividend Payments & Yield
Quarterly dividends with TTM yield and a 5‑year rolling average overlay. Helps compare current yield versus recent history across different ranges.
GS Dividend History
Ex-Date | Payment Date | Amount | TTM Yield | Forward Yield | Price on Ex-Date |
---|---|---|---|---|---|
08/29/2025 | 08/29/2025 | $4.00 | 1.74% | 2.15% | $745.25 |
05/30/2025 | 05/30/2025 | $3.00 | 2.00% | 2.00% | $600.45 |
02/28/2025 | 02/28/2025 | $3.00 | 1.89% | 1.93% | $622.29 |
12/02/2024 | 12/02/2024 | $3.00 | 1.91% | 1.99% | $601.71 |
08/30/2024 | 08/30/2024 | $3.00 | 2.20% | 2.35% | $510.25 |
05/30/2024 | 05/30/2024 | $2.75 | 2.44% | 2.44% | $450.23 |
02/28/2024 | 02/28/2024 | $2.75 | 2.73% | 2.80% | $393.18 |
11/29/2023 | 11/29/2023 | $2.75 | 3.09% | 3.23% | $340.26 |
08/30/2023 | 08/30/2023 | $2.75 | 3.12% | 3.35% | $328.58 |
05/31/2023 | 05/31/2023 | $2.50 | 3.09% | 3.09% | $323.90 |
03/01/2023 | 03/01/2023 | $2.50 | 2.74% | 2.89% | $346.23 |
11/30/2022 | 11/30/2022 | $2.50 | 2.33% | 2.59% | $386.15 |
08/31/2022 | 08/31/2022 | $2.50 | 2.56% | 3.01% | $332.67 |
05/31/2022 | 05/31/2022 | $2.00 | 2.45% | 2.45% | $326.85 |
03/01/2022 | 03/01/2022 | $2.00 | 2.21% | 2.44% | $328.20 |
12/01/2021 | 12/01/2021 | $2.00 | 1.73% | 2.12% | $376.48 |
08/31/2021 | 08/31/2021 | $2.00 | 1.39% | 1.93% | $413.51 |
05/28/2021 | 05/28/2021 | $1.25 | 1.34% | 1.34% | $372.02 |
03/01/2021 | 03/01/2021 | $1.25 | 1.52% | 1.52% | $329.92 |
12/01/2020 | 12/01/2020 | $1.25 | 2.15% | 2.15% | $232.08 |
08/31/2020 | 08/31/2020 | $1.25 | 2.44% | 2.44% | $204.87 |
05/29/2020 | 05/29/2020 | $1.25 | 2.54% | 2.54% | $196.49 |
02/28/2020 | 02/28/2020 | $1.25 | 2.29% | 2.49% | $200.77 |
11/29/2019 | 11/29/2019 | $1.25 | 1.87% | 2.26% | $221.35 |
08/29/2019 | 08/29/2019 | $1.25 | 1.82% | 2.46% | $203.44 |
05/29/2019 | 05/29/2019 | $0.850 | 1.73% | 1.81% | $188.05 |
02/27/2019 | 02/27/2019 | $0.800 | 1.62% | 1.62% | $198.10 |
11/29/2018 | 11/29/2018 | $0.800 | 1.62% | 1.64% | $194.85 |
08/29/2018 | 08/29/2018 | $0.800 | 1.28% | 1.33% | $241.40 |
05/30/2018 | 05/30/2018 | $0.800 | 1.33% | 1.40% | $229.16 |
02/28/2018 | 02/28/2018 | $0.750 | 1.14% | 1.14% | $262.93 |
11/29/2017 | 11/29/2017 | $0.750 | 1.20% | 1.24% | $241.36 |
08/29/2017 | 08/29/2017 | $0.750 | 1.27% | 1.36% | $219.96 |
05/30/2017 | 05/30/2017 | $0.750 | 1.24% | 1.37% | $218.42 |
02/28/2017 | 02/28/2017 | $0.650 | 1.05% | 1.05% | $248.06 |
11/29/2016 | 11/29/2016 | $0.650 | 1.23% | 1.23% | $211.75 |
08/30/2016 | 08/30/2016 | $0.650 | 1.54% | 1.54% | $169.37 |
05/27/2016 | 05/27/2016 | $0.650 | 1.63% | 1.63% | $159.53 |
02/29/2016 | 02/29/2016 | $0.650 | 1.74% | 1.74% | $149.53 |
11/30/2015 | 11/30/2015 | $0.650 | 1.34% | 1.37% | $190.02 |
08/28/2015 | 08/28/2015 | $0.650 | 1.33% | 1.38% | $187.75 |
05/28/2015 | 05/28/2015 | $0.650 | 1.15% | 1.25% | $208.48 |
02/26/2015 | 02/26/2015 | $0.600 | 1.20% | 1.25% | $192.20 |
11/28/2014 | 11/28/2014 | $0.600 | 1.19% | 1.27% | $188.41 |
08/27/2014 | 08/27/2014 | $0.550 | 1.24% | 1.24% | $177.81 |
05/28/2014 | 05/28/2014 | $0.550 | 1.33% | 1.36% | $161.19 |
02/26/2014 | 02/26/2014 | $0.550 | 1.29% | 1.35% | $162.80 |
11/27/2013 | 11/27/2013 | $0.550 | 1.22% | 1.31% | $168.22 |
08/28/2013 | 08/28/2013 | $0.500 | 1.31% | 1.31% | $152.97 |
05/28/2013 | 05/28/2013 | $0.500 | 1.22% | 1.24% | $160.70 |
02/26/2013 | 02/26/2013 | $0.500 | 1.30% | 1.35% | $148.00 |
11/28/2012 | 11/28/2012 | $0.500 | 1.48% | 1.68% | $119.33 |
08/28/2012 | 08/28/2012 | $0.460 | 1.54% | 1.75% | $105.03 |
05/29/2012 | 05/29/2012 | $0.460 | 1.54% | 1.88% | $97.86 |
02/28/2012 | 02/28/2012 | $0.350 | 1.20% | 1.20% | $117.11 |
11/29/2011 | 11/29/2011 | $0.350 | 1.58% | 1.58% | $88.81 |
08/30/2011 | 08/30/2011 | $0.350 | 1.22% | 1.22% | $115.18 |
05/27/2011 | 05/27/2011 | $0.350 | 1.01% | 1.01% | $138.66 |
02/28/2011 | 02/28/2011 | $0.350 | 0.85% | 0.85% | $163.78 |
11/30/2010 | 11/30/2010 | $0.350 | 0.90% | 0.90% | $156.14 |
08/30/2010 | 08/30/2010 | $0.350 | 1.02% | 1.02% | $136.66 |
05/27/2010 | 05/27/2010 | $0.350 | 0.97% | 0.97% | $144.95 |
02/26/2010 | 02/26/2010 | $0.350 | 0.90% | 0.90% | $156.35 |
11/30/2009 | 11/30/2009 | $0.350 | 0.89% | 0.83% | $169.66 |
08/21/2009 | 08/21/2009 | $0.350 | 0.93% | 0.86% | $163.51 |
05/21/2009 | 05/21/2009 | $0.350 | 1.11% | 1.02% | $137.16 |
02/20/2009 | 02/20/2009 | $0.467 | 1.79% | 2.21% | $84.59 |
10/23/2008 | 10/23/2008 | $0.350 | 1.29% | 1.29% | $108.58 |
07/25/2008 | 07/25/2008 | $0.350 | 0.78% | 0.78% | $178.66 |
04/25/2008 | 04/25/2008 | $0.350 | 0.73% | 0.73% | $192.00 |
01/25/2008 | 01/25/2008 | $0.350 | 0.73% | 0.73% | $191.37 |
10/25/2007 | 10/25/2007 | $0.350 | 0.62% | 0.62% | $226.66 |
07/27/2007 | 07/27/2007 | $0.350 | 0.73% | 0.73% | $192.65 |
04/20/2007 | 04/20/2007 | $0.350 | 0.64% | 0.64% | $220.00 |
01/19/2007 | 01/19/2007 | $0.350 | 0.67% | 0.67% | $210.29 |
10/19/2006 | 10/19/2006 | $0.350 | 0.72% | 0.78% | $180.05 |
07/21/2006 | 07/21/2006 | $0.350 | 0.84% | 0.99% | $142.04 |
04/21/2006 | 04/21/2006 | $0.350 | 0.66% | 0.84% | $165.89 |
01/20/2006 | 01/20/2006 | $0.250 | 0.76% | 0.76% | $131.44 |
10/20/2005 | 10/20/2005 | $0.250 | 0.84% | 0.84% | $118.75 |
07/22/2005 | 07/22/2005 | $0.250 | 0.92% | 0.92% | $109.13 |
04/22/2005 | 04/22/2005 | $0.250 | 0.96% | 0.96% | $104.19 |
01/21/2005 | 01/21/2005 | $0.250 | 0.97% | 0.97% | $103.33 |
10/21/2004 | 10/21/2004 | $0.250 | 1.07% | 1.07% | $93.47 |
07/23/2004 | 07/23/2004 | $0.250 | 1.14% | 1.14% | $87.55 |
04/23/2004 | 04/23/2004 | $0.250 | 1.00% | 1.00% | $100.41 |
01/23/2004 | 01/23/2004 | $0.250 | 0.87% | 1.01% | $99.50 |
10/23/2003 | 10/23/2003 | $0.250 | 0.85% | 1.15% | $87.00 |
07/25/2003 | 07/25/2003 | $0.250 | 0.71% | 1.16% | $86.42 |
04/25/2003 | 04/25/2003 | $0.120 | 0.63% | 0.63% | $75.87 |
01/24/2003 | 01/24/2003 | $0.120 | 0.69% | 0.69% | $69.15 |
12/26/2002 | 12/26/2002 | $0.120 | 0.69% | 0.69% | $69.55 |
10/24/2002 | 10/24/2002 | $0.120 | 0.66% | 0.66% | $72.50 |
07/26/2002 | 07/26/2002 | $0.120 | 0.69% | 0.69% | $69.58 |
04/26/2002 | 04/26/2002 | $0.120 | 0.61% | 0.61% | $79.15 |
01/17/2002 | 01/17/2002 | $0.120 | 0.53% | 0.53% | $89.86 |
10/25/2001 | 10/25/2001 | $0.120 | 0.59% | 0.59% | $81.40 |
07/27/2001 | 07/27/2001 | $0.120 | 0.57% | 0.57% | $84.82 |
04/20/2001 | 04/20/2001 | $0.120 | 0.50% | 0.50% | $95.66 |
01/18/2001 | 01/18/2001 | $0.120 | 0.45% | 0.45% | $107.50 |
10/19/2000 | 10/19/2000 | $0.120 | 0.48% | 0.48% | $100.56 |
07/20/2000 | 07/20/2000 | $0.120 | 0.46% | 0.46% | $103.69 |
04/19/2000 | 04/19/2000 | $0.120 | 0.52% | 0.52% | $92.06 |
01/20/2000 | 01/20/2000 | $0.120 | 0.42% | 0.56% | $85.94 |
Dividend Payout Ratio
Tracks the percentage of earnings paid out as dividends each quarter. Lower and stable ratios often indicate safer, more sustainable payouts.
Dividend to Free Cash Flow Ratio
Shows dividends as a percentage of free cash flow. Consistently high values may signal limited reinvestment capacity or potential dividend risk.
Share Price
Historical closing price with range controls. Table view includes quarter‑over‑quarter and year‑over‑year changes for additional context.
Price to Earnings
GS trades at a 59.6x price-to-earnings ratio. This elevated valuation suggests investors expect strong future growth.
Price to Sales
GS trades at a 15.2x price-to-sales ratio, providing insight into market valuation relative to revenue generation.
Revenue
GS generated $15.2B in revenue.
Net Income
GS reported $3.9B in net income. Net income has declined by 27% over the period.
Revenue vs Net Income
GS generated $15.2B in revenue with net income of $3.9B, representing a 25.4% net profit margin.
Gross Profit
GS achieved $11.4B in gross profit, showing revenue after direct production costs.
Operating Income
GS generated $5.3B in operating income, representing profit from core business operations.
EBITDA
GS generated $6.1B in EBITDA, measuring operational profitability before interest, taxes, depreciation, and amortization.
Operating Cash Flow
GS generated $4.4B in operating cash flow, demonstrating the company’s ability to convert earnings into cash.
Free Cash Flow
GS generated $3.9B in free cash flow. Free cash flow has decreased by 30% over the period.
Free Cash Flow / Share
GS generates $12.65 in free cash flow per share. FCF per share has declined by 30% over the period.
Earnings Per Share (EPS)
GS reported $12.50 in earnings per share. EPS has declined by 27% over the period.
Return on Equity (ROE)
GS delivered a 21.2% return on equity, indicating how effectively the company generates returns for shareholders.
Return on Assets (ROA)
GS achieved a 12.7% return on assets, measuring how efficiently the company uses its assets to generate profit.
Net Profit Margin
GS maintains a 25.4% net profit margin, showing the percentage of revenue retained as profit after all expenses.
Gross Profit Margin
GS operates with a 75.2% gross profit margin, reflecting pricing power and cost efficiency in core operations.
Cash & Debt
GS holds $2.3B in cash against $0.8B in debt, resulting in a net cash position of $1.5B.
Shares Outstanding
GS has 0.3B shares outstanding.
Stock-Based Comp
GS reported $0.4B in stock-based compensation.
FCF vs Stock Based Comp
GS generated $3.9B in free cash flow while spending $0.4B on stock-based compensation, representing 10% of FCF.
FCF vs FCF / Share
GS reported $3.9B in free cash flow, translating to $12.65 per share.
Revenue: Actual + Estimates
This chart tracks GS revenue: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EPS: Actual + Estimates
This chart tracks GS eps: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
Net Income: Actual + Estimates
This chart tracks GS net income: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.
EBITDA: Actual + Estimates
This chart tracks GS ebitda: actual + estimates metrics over time, providing insights into the company’s financial performance and trends.