Goldman Sachs (GS) Raises Quarterly Dividend 9.1% to $0.60; 1.4% Yield

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Go back to Goldman Sachs (GS) Raises Quarterly Dividend 9.1% to $0.60; 1.4% Yield

Goldman Sachs (GS) Posts Q3 EPS of $4.57; Boosts Qtr. Dividend to 60c/Share

October 16, 2014 7:35 AM EDT

(Updated - October 16, 2014 7:38 AM EDT)

Goldman Sachs (NYSE: GS) reported Q3 EPS of $4.57, $1.38 better than the analyst estimate of $3.19. Revenue for the quarter came in at $8.39 billion versus the consensus estimate of $7.69 billion.

The combination of improving economic conditions in the U.S. and a strong global franchise continued to drive client activity across our diverse set of businesses, said Lloyd C. Blankfein, Chairman and Chief Executive Officer. While conditions and sentiment can shift quickly, the strength of our transaction backlog indicates our clients desire to pursue and execute their strategic plans for... More