Goldman Sachs and 3 Other Bank Stocks Boost Dividends

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Updated June 28, 2022 8:55 americium ET / Original June 28, 2022 6:22 americium ET

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Morgan Stanley Goldman Sachs Wells Fargo and Bank of America said they would rise their dividends aft the Federal Reserve gave the banks a cleanable measure of wellness successful its yearly accent test, saying they could withstand a terrible economical recession.

Goldman Sachs (ticker: GS) said it would summation its dividend to $2.50 a stock from $2. “We volition proceed to dynamically negociate superior and stay good positioned to enactment our clients,” Chief Executive David Solomon said successful a regulatory filing connected Monday.

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