FTAI is up +138.36% since Oct ’23 pick Unlock All Top Buy Picks

StepStone Group Inc. Stock Dividends Overview

STEP pays dividends quarterly. Last paid amount was $0.210 at Mar 15, 2024. As of today, dividend yield (TTM) is 3.83%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of STEP
Powered by GPT-4o
New!
Dividend Analysis

Key Stats

Dividend Yield (TTM) 3.83%
Frequency Quarterly
1Y Growth -53.33%
Payout Ratio 0
Amount Per Share $0.210
Next Ex-Dividend Date Jun 14, 2024
Next Payment Date Jun 28, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from STEP the purchase should be done within the next 13 days.
Here's a simple guide on how to buy STEP stock.

STEP Dividend Payout History

To ensure a understanding of STEP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
11 Nov 10, 2021 Nov 29, 2021 Dec 15, 2021 $0.150 0.353%
12 Aug 10, 2021 Aug 30, 2021 Sep 15, 2021 $0.0700 0.151%
13 Jun 15, 2021 Jun 29, 2021 Jul 15, 2021 $0.0700 0.182%
14 Mar 17, 2021 Mar 18, 2021 Mar 12, 2021 $0.0700 0.230%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (49.76%)

Growth potential

Stable (5.83%)

STEP Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from STEP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in STEP stock here.

Comparing STEP to Sector and Country

STEP pays a solid dividend yield of 3.83%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.76%). STEP’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.04%), which means that there are more attractive dividend stocks to consider.

STEP Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Brookline Bancorp 751.159M $0.135 5.79% 58.41%
OceanFirst Financial Corp. 842.539M $0.200 5.08% 49.01%
AMERISAFE 831.607M $0.370 5.05% 152.17%
Safety Insurance Group 1.141B $0.90 4.80% 103.64%
StepStone Group Inc. 2.917B $0.210 3.83% 117.87%
City Holding Company 1.497B $0.720 2.86% 34.30%
First Bancorp 1.277B $0.220 2.79% 31.63%
1st Source Corporation 1.236B $0.340 2.65% 27.20%

FAQ

What factors can affect the amount of STEP's dividend payments?
The amount of STEP's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in STEP sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from STEP stock be automatically reinvested?
If STEP offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy STEP stock.

How often does STEP pay dividend?
StepStone Group Inc. (STEP) pays dividends quarterly. The most recent payout was on Mar 15, 2024. The upcoming dividend Ex Date is Jun 14, 2024, with an amount of $0.360.

How much does STEP pays per share?
The last recorder (Feb 28, 2024) dividend per share was $0.210.

What is STEP dividend growth rate?
Over the last year, StepStone Group Inc. has witnessed growth rate of -53.33% . Looking back over the past 3 years, this growth rate has been 44.22%. Furthermore, examining the past 5 years, StepStone Group Inc. has maintained an average Dividends Per Share Growth Rate of 24.57%.
Click to get the best stock tips daily for free!

About StepStone Group Inc.

StepStone Group. StepStone Group Inc. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, and buyout investments in mature and middle market compa... STEP Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT