Goldman Sachs (GS) Raises Quarterly Dividend 8.3% to $0.65; 1.3% Yield

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Goldman Sachs Reports First Quarter Earnings Per Common Share of $5.94 and Increases the Quarterly Dividend to $0.65 Per Common Share

April 16, 2015 7:35 AM EDT

NEW YORK--(BUSINESS WIRE)-- The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $10.62 billion and net earnings of $2.84 billion for the first quarter ended March 31, 2015. Diluted earnings per common share were $5.94 compared with $4.02 for the first quarter of 2014 and $4.38 for the fourth quarter of 2014. Annualized return on average common shareholders equity (ROE) (1) was 14.7% for the first quarter of 2015.

Highlights

Goldman Sachs generated net revenues of $10.62 billion, the highest quarterly result in four years. The firm ranked first in worldwide... More