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 companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, consumer staples, financials, telecommunication services, energy, infrastructure, real estate, and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. It typically invests between $15 million and $200 million in firms with enterprise value between $150 million and $25000 million. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, Europe, Australia, and Asia.
StepStone Dividend Announcement
• StepStone announced a quarterly dividend of $0.24 per ordinary share which will be made payable on 2024-12-13. Ex dividend date: 2024-11-29
• StepStone annual dividend for 2024 was $1.05
• StepStone annual dividend for 2023 was $1.07
• StepStone's trailing twelve-month (TTM) dividend yield is 1.76%
• StepStone's payout ratio for the trailing twelve months (TTM) is 96.75%
StepStone Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.24 | quarterly | 2024-12-13 |
2024-08-30 | $0.24 | quarterly | 2024-09-13 |
2024-06-14 | $0.36 | quarterly | 2024-06-28 |
2024-02-28 | $0.21 | quarterly | 2024-03-15 |
2023-11-29 | $0.21 | quarterly | 2023-12-15 |
2023-08-30 | $0.21 | quarterly | 2023-09-15 |
2023-06-14 | $0.45 | quarterly | 2023-06-30 |
2023-02-27 | $0.20 | quarterly | 2023-03-15 |
2022-11-29 | $0.20 | quarterly | 2022-12-15 |
2022-08-30 | $0.20 | quarterly | 2022-09-15 |
2022-06-14 | $0.20 | quarterly | 2022-06-30 |
2022-02-25 | $0.15 | quarterly | 2022-03-15 |
2021-11-29 | $0.15 | quarterly | 2021-12-15 |
2021-08-30 | $0.07 | quarterly | 2021-09-15 |
2021-06-29 | $0.07 | quarterly | 2021-07-15 |
2021-03-18 | $0.07 | quarterly |
StepStone Dividend per year
StepStone Dividend growth
StepStone Dividend Yield
StepStone current trailing twelve-month (TTM) dividend yield is 1.76%. Interested in purchasing StepStone stock? Use our calculator to estimate your expected dividend yield:
StepStone Financial Ratios
StepStone Dividend FAQ
Other factors to consider when evaluating StepStone as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: StepStone's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, StepStone publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, StepStone distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from StepStone are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: StepStone sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, StepStone distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: StepStone declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of StepStone's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review StepStone's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.