8 Unstoppable Dividend Stocks to Invest in

3. The Goldman Sachs Group, Inc. (NYSE:GS)

12-Month Return as of January 27: 65.8%

The Goldman Sachs Group, Inc. (NYSE:GS) is an American investment banking company that offers a wide range of financial services to its consumers. A major part of the bank’s operations is its asset and wealth management division, which manages trillions of dollars in assets and plays a key role in its revenue. Investors are eager for Goldman to grow this segment, as its steady revenue helps boost market valuations. The firm has been transitioning to a more capital-efficient model by reducing its equity and debt investments. This strategy streamlines growth, improves stability, and increases its reliance on fee-based income. With a 12-month return of nearly 66%, GS is one of the best unstoppable stocks on our list.

In the fourth quarter of 2024, The Goldman Sachs Group, Inc. (NYSE:GS) reported revenue of $13.87 billion, which showed a 23% growth from the same period last year. For FY24, the company’s assets under supervision grew by 12% over the year, reaching a record high of $3.14 trillion. In addition, its book value per common share rose by 7.4%, climbing to $336.77. The company’s cash position also came in strong as it ended the year with $182 billion available in cash and cash equivalents, up from $155 billion a quarter ago.

The Goldman Sachs Group, Inc. (NYSE:GS) has been making regular dividend payments to shareholders since 1999. In FY24, the company returned $3.8 billion to shareholders through dividends. On January 15, it declared a quarterly dividend of $3.00 per share, which was in line with its previous dividend. The stock supports a dividend yield of 1.89%, as of January 27.

The number of hedge funds tracked by Insider Monkey owning stakes in The Goldman Sachs Group, Inc. (NYSE:GS) grew to 72 in Q3 2024, from 68 in the previous quarter. These stakes have a total value of over $5.6 billion. With over 6 million shares, Fisher Asset Management was the company’s leading stakeholder in Q3.