Goldman Sachs plans 11% dividend increase after Fed stress test
Goldman Sachs said it plans to raise its quarterly common stock dividend by 11% following the Federal Reserve's release of its 2026 Comprehensive Capital Analysis and Review (CCAR) results.
The firm said it intends to increase its common dividend from $4.50 to $5.00 per share beginning July 1, 2026. The increase represents a 25% rise compared to the prior year. The dividend increase is subject to approval by Goldman Sachs' Board of Directors at its scheduled third quarter meeting.
The Federal Reserve's stress test results indicated Goldman Sachs remains sufficiently capitalized to withstand a range of economic conditions. Consistent with a February 2026 Federal Reserve announcement, the firm's stress capital buffer will remain at 3.4% through September 30, 2027, and its Standardized Common Equity Tier 1 ratio requirement will remain at 11.4%.
Chairman and Chief Executive David Solomon said in a statement: "Our planned dividend increase reflects the strength of our franchise, our earnings power, and our confidence in our ability to support clients, invest for the long term, and deliver sustainable returns to shareholders."