By Kathryn Hardison

 

Goldman Sachs Group Inc. plans to raise its quarterly dividend to $2.50 per share from $2 a share, the company said Monday.

The board of directors will consider the dividend boost at its third-quarter meeting.

Goldman Sachs expects its stress capital buffer to be 6.3% following the 2022 Comprehensive Capital Analysis and Review stress test process.

Shares traded up 2% to $307 after market close.

 

Write to Kathryn Hardison at kathryn.hardison@wsj.com

 

(END) Dow Jones Newswires

June 27, 2022 18:06 ET (22:06 GMT)

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