The Goldman Sachs Group Incorporated announced a regular quarterly dividend of $0.60, a 9 percent increase from the prior rate of $0.55 per share. The dividend will be paid at the new higher rate on December 30, 2014, to shareholders of record at close of business on December 2, 2014.
Analysis of Valuation of Goldman Sachs (Symbol GS).
Goldman Sachs is trading below its average price/book value (P/BV) range. Goldman Sachs is trading above its average historical dividend yield.
|Price 10/16/14||% Yield||5 Year Div. Growth Rate||BV 2014||P/BV Ratio||10 yr P/BV Low||10 yr P/BV High||5 yr max Yield %||5 yr lowest Yield %|
Goldman Sachs Dividend Yield Chart (Click to enlarge)
Explanation: Dividend growth financial stocks may be valued upon historical relative price/book value and current yield analysis. Dividend financial stocks trading at a low historical price/book value (P/BV) ratio should be viewed more highly to investors due to their depressed valuation versus other higher P/BV ratio stocks. Max P/BV price target is based upon company reaching its highest historical P/BV ratio. Dividend stocks should also be viewed favorably when the current yield is above historical readings for the past 10 years. Further information on evaluating dividend growth candidates can be found at http://seekingalpha.com/author/timothy-mcintosh/articles