Why It Might Not Make Sense To Buy StepStone Group Inc. (NASDAQ:STEP) For Its Upcoming Dividend

By Yahoo! Finance   |   1 year ago
Why It Might Not Make Sense To Buy StepStone Group Inc. (NASDAQ:STEP) For Its Upcoming Dividend

StepStone Group Inc. (NASDAQ:STEP) is going ex-dividend soon, with a payout of US$0.24 per share. However, the company distributed an unsustainable high percentage of its profit as dividends last year, raising concerns about the sustainability of future dividends.

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