SmarterDividends
STEP

StepStone Group Inc.

STEP

Financial Services · Stock · quarterly payer

Forward Yield

3.60%

Annual Dividend

$1.67

Payout Ratio

167%

5-Yr Growth

Ex-Date

Jun 15, 2026

Frequency

Quarterly

STEP Dividend Safety Score

66/ 100
Grade B

Safe

Dividend-growth streak4 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage167% of earnings paid out
Free-cash-flow coverage5% of free cash flow
Balance-sheet strengthDebt/equity of 1.47
Yield vs its historyYield is 1.5× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is STEP a good dividend stock?

Yes, with caveats

StepStone Group Inc. (STEP) pays a quarterly dividend yielding 3.60% ($1.67/yr), with 4 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (167%)

Key Data

Dividend Yield
3.60%
Payout Ratio
167%
Annual Dividend
$1.67
5-Yr Avg Growth
Ex-Dividend Date
Jun 15, 2026
Years of Growth
4
Frequency
quarterly
Beta
1.28
Market Cap
$5.8B
P/E Ratio
5-Yr Total Return
31%
52-Week Range
$40.58 – $77.80
Dividend Safety
B · 66/100
Ever Cut?
No
STEP ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.67 / yr per share

Per payment (quarterly)$41.75
Annual$167.00
Monthly avg$13.92