Goldman Sachs declares dividends on various non-cumulative preferred stocks

Banking & Finance
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David Solomon Chairman and Chief Executive Officer | Official website

NEW YORK, July 12, 2024 -- The Goldman Sachs Group, Inc. (NYSE: GS) announced today the declaration of dividends on various series of its non-cumulative preferred stock. These are represented by depositary shares, each representing a 1/1,000th interest in a share of preferred stock, except for the Series P Preferred Stock, the Series Q Preferred Stock, the Series R Preferred Stock, the Series S Preferred Stock, the Series U Preferred Stock, and the Series W Preferred Stock where each depositary share represents a 1/25th interest in a share of preferred stock.

The declared dividends are as follows:

- $413.68 per share of Floating Rate Non-Cumulative Preferred Stock, Series A;

- $413.68 per share of Floating Rate Non-Cumulative Preferred Stock, Series C;

- $408.45 per share of Floating Rate Non-Cumulative Preferred Stock, Series D;

- $552.33 per share of 5.00% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series P;

- $687.50 per share of 5.50% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series Q;

- $618.75 per share of 4.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series R;

- $550.00 per share of 4.40% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series S;

- $456.25 per share of 3.65% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series U; and

- $937.50 per share of 7.50% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series W.

Additionally, Goldman Sachs has declared dividends on Perpetual Non-Cumulative Preferred Stocks:

- A dividend of $1,629.22 per share for Perpetual Non-Cumulative Preferred Stock, Series E.

- A dividend of $1,629.85 per share for Perpetual Non-Cumulative Preferred Stock, Series F.

The dividends on the aforementioned series will be payable on August 10 but occurring on August 12 to shareholders recorded by July 28 for most series mentioned above and payable on September 1 but occurring on September 3 to shareholders recorded by August 19 for the remaining series.

Goldman Sachs is a prominent global financial institution offering a wide range of financial services to corporations, financial institutions governments and individuals worldwide since its founding in New York in 1869.

For further information:

Media Contact:

Tony Fratto

Tel: +1 212 902 5400

Investor Contact:

Jehan Ilahi

Tel: +1 212 902 0300

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