How Many STEP Shares for $500 or $1,000 a Month?
At $1.32 a share a year, $500 a month takes about 4,546 STEP shares, about $213,662 at the Nov 12, 2026 close of $47.00. $1,000 a month takes about 9,091 shares, about $427,277. Before taxes, and only while the rate holds.
StepStone Group (STEP) pays $0.33 a share quarterly, $1.32 a year, a 2.81% run-rate yield at the Nov 12, 2026 close of $47.00. A special dividend of $0.83 came on top in the last year; specials are paid case by case, so they never count in the rate or the yield here. It has paid since 2021 and raised its annual dividend 1 years in a row.
At today’s rate of $0.33 quarterly and the last close of $47.00, this is what STEP pays before taxes, if the rate stays where it is:
| You hold | Each payment | Per month (avg) | Per year |
|---|---|---|---|
| 1 share | $0.33 | $0.11 | $1.32 |
| 100 shares | $33.00 | $11.00 | $132.00 |
| $10,000 invested (212.8 shares) | $70.21 | $23.40 | $280.85 |
| 4,546 shares ($500/mo) | $1,500.18 | $500.06 | $6,000.72 |
| 9,091 shares ($1,000/mo) | $3,000.03 | $1,000.01 | $12,000.12 |
With DRIP on, every payment buys more shares instead of landing as cash. 100 STEP shares reinvest into 0.70 new shares each payment, about 2.8 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 143 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with STEP’s own history in the STEP DRIP calculator.
- Coverage (EPS): are profits enough to pay the dividend rating
- Coverage (FCF): is spare cash enough to pay the dividend rating
- Dividend vs cash flow + debt: is the dividend paid with borrowed money report
- Debt load: how much the balance sheet leans on borrowing rating
- Debt interest coverage: can profits easily pay the interest bill rating
- Liquidity: is there cash for debts due this year rating
- Earnings direction: are sales and profits growing or shrinking report
- Raise streak: how many years in a row it raised see details
- Years without a cut: how long since the last dividend cut see details
- Raise vs trend: are recent raises keeping their usual pace history
- Yield vs history: is today’s yield high or low versus its past rating
- Recession record: what the dividend did in past crashes history
STEP Dividend Yield Today vs Its 5-Year Range
- STEP yields 2.81% today, at the Nov 12, 2026 close of $47.00.
- Its own 5-year median is 2.33%, so today’s yield is above its usual level.
- No steady norm: its payout changed too much in 3 years to read a steady norm. So this reads today’s yield against its own 5-year history as it is.
Where today ranks in its own history is in the paid report
How it works. Each month-end over the last 5 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.
When Is STEP’s Next Dividend? Ex-Date and Pay Date After September 2026
STEP has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Nov 30, 2026, with the cash around Dec 3, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.33 a share, went ex on Aug 31, 2026 and paid Sep 2, 2026.
- Ex-dates: about every 91 days (quarterly)
- Payment: usually about 3 days after the ex-date
- Next earnings report: Feb 4, 2027
Every payer going ex-dividend this week is on the dividend calendar.
How Often Does STEP Pay?
STEP pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Feb, Jun, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 3 days later.
- Streak: 1 year of higher annual totals (through 2025)
- Last raise: Jun 15, 2026 - $0.28 to $0.83 (+$0.55, +196.43%)
- Usual $ step: $0.25 (median of the raises before it)
- EPS payout: n/a (EPS negative) - $1.22 paid / -$3.93 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 300.0% (median of 12 earlier trailing years)
- FCF payout: n/a (free cash flow per share negative) - $1.12 paid / -$5.35 free cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 40.7% (median of 12 earlier trailing years)
STEP vs Similar Dividend Stocks (INDB, HLNE...)
Against the 10 dividend-paying Financial Services companies closest to STEP in market value, STEP’s 2.81% run-rate yield is close to the group’s middle yield of 2.75%, and its raise streak of 1 year is the 6th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.
| Ticker | Dividend ⓘ | Yield | Safety Rating | Recessions ⓘ | No cut ⓘ |
|---|---|---|---|---|---|
| STEP $47.00StepStone Group | $0.33/qtr$1.32/yr fwd | 2.81% | Dividend Safety Rating: paid plans only | — | 4+ yrsraised 1 yr in a row |
| INDB $84.64Independent Bank | $0.64/qtr$2.56/yr fwd | 3.02% | Dividend Safety Rating: paid plans only | — | 30+ yrsraised 15 yrs in a row |
| HLNE $96.78Hamilton Lane | $0.60/qtr$2.40/yr fwd | 2.48% | Dividend Safety Rating: paid plans only | — | 8+ yrsraised 8+ yrs in a row |
| FBP $26.21First BanCorp. | $0.20/qtr$0.80/yr fwd | 3.05% | Dividend Safety Rating: paid plans only | — | 6+ yrsraised 6 yrs in a row |
| CVBF $22.66CVB Financial | $0.20/qtr$0.80/yr fwd | 3.53% | Dividend Safety Rating: paid plans only | No cut in all 42000 raised2008 held2020 held2022 raised | 33+ yrsno raise streak |
| BANF $118.17BancFirst | $0.52/qtr$2.08/yr fwd | 1.76% | Dividend Safety Rating: paid plans only | — | 32 yrsraised 29 yrs in a row |
| HG $38.53Hamilton Insurance Group | $2.00/qtr$8.00/yr fwd | 20.76% | Dividend Safety Rating: paid plans only | — | —no raise streak |
| WSFS $80.08WSFS Financial | $0.20/qtr$0.80/yr fwd | 1.00% | Dividend Safety Rating: paid plans only | — | 27 yrsraised 1 yr in a row |
| PJT $152.94PJT Partners | $0.25/qtr$1.00/yr fwd | 0.65% | Dividend Safety Rating: paid plans only | — | 9+ yrsno raise streak |
| PLMR $159.16Palomar Holdings | $0.45/qtr$1.80/yr fwd | 1.13% | Dividend Safety Rating: paid plans only | — | —no raise streak |
| CNS $72.66Cohen & Steers | $0.67/qtr$2.68/yr fwd | 3.69% | Dividend Safety Rating: paid plans only | Cut in 20082008 cut2020 raised2022 raisedno 2000 record | 12 yrsraised 16 yrs in a row |
Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: STEP vs INDB, STEP vs HLNE, STEP vs FBP.
STEP Dividend History: Every Payment Since 2021
| Ex-date | Pay date | Amount | Frequency | Type |
|---|---|---|---|---|
| Aug 31, 2026 | Sep 2, 2026 | $0.33 | Quarterly | Regular |
| Jun 15, 2026 | Jun 17, 2026 | $0.83 | Quarterly | Special |
| Feb 27, 2026 | Mar 2, 2026 | $0.28 | Quarterly | Regular |
| Nov 28, 2025 | Dec 1, 2025 | $0.28 | Quarterly | Regular |
| Aug 29, 2025 | Sep 1, 2025 | $0.28 | Quarterly | Regular |
| Jun 13, 2025 | Jun 16, 2025 | $0.64 | Quarterly | Regular |
| Feb 28, 2025 | Mar 3, 2025 | $0.24 | Quarterly | Regular |
| Nov 29, 2024 | Dec 2, 2024 | $0.24 | Quarterly | Regular |
| Aug 30, 2024 | Sep 2, 2024 | $0.24 | Quarterly | Regular |
| Jun 14, 2024 | Jun 17, 2024 | $0.36 | Quarterly | Regular |
| Feb 28, 2024 | Mar 1, 2024 | $0.21 | Quarterly | Regular |
| Nov 29, 2023 | Dec 1, 2023 | $0.21 | Quarterly | Regular |
| Aug 30, 2023 | Sep 1, 2023 | $0.21 | Quarterly | Regular |
| Jun 14, 2023 | Jun 16, 2023 | $0.45 | Quarterly | Regular |
| Feb 27, 2023 | Mar 1, 2023 | $0.20 | Quarterly | Regular |
| Nov 29, 2022 | Dec 15, 2022 | $0.20 | Quarterly | Regular |
| Aug 30, 2022 | Sep 15, 2022 | $0.20 | Quarterly | Regular |
| Jun 14, 2022 | Jun 30, 2022 | $0.20 | Quarterly | Regular |
| Feb 25, 2022 | Mar 15, 2022 | $0.15 | Quarterly | Regular |
| Nov 29, 2021 | Dec 15, 2021 | $0.15 | Quarterly | Regular |
| Aug 30, 2021 | Sep 15, 2021 | $0.07 | Quarterly | Regular |
| Jun 29, 2021 | Jul 15, 2021 | $0.07 | Quarterly | Regular |
| Mar 18, 2021 | Mar 22, 2021 | $0.07 | Quarterly | Regular |
What the Dividend Safety Rating Means for STEP
STEP Dividend Questions
How often does STEP pay dividends?
STEP pays quarterly, 4 times a year. Recent payments arrived in Mar, Jun, Sep and Dec, with ex-dates in Feb, Jun, Aug and Nov. The ex-date comes about every 91 days, and the cash usually lands about 3 days later.
Does STEP pay dividends monthly?
No. STEP pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.
When is the next STEP dividend?
STEP has not declared its next dividend yet. By its usual rhythm of about 91 days between ex-dates, the next ex-date falls around Nov 30, 2026, with the cash around Dec 3, 2026. An estimate, not a promise: only the declaration makes it final. The latest one, $0.33 a share, went ex on Aug 31, 2026 and paid Sep 2, 2026. The current rate is $0.33 per share, $1.32 a year.
Does STEP pay a dividend in December 2026?
Not declared yet. By its usual rhythm the next ex-date falls around Nov 30, 2026, with the cash around Dec 3, 2026, so a payment in December 2026 is likely. Only the company’s declaration makes it final.
How much does STEP pay per share?
STEP pays $0.33 a share quarterly, $1.32 a year. At the Nov 12, 2026 close of $47.00 that is a 2.81% run-rate yield, above its usual level: its own 5-year median is 2.33%.
Has STEP raised its dividend?
Yes. STEP has raised its annual dividend 1 years in a row, through 2025. The latest raise, on Jun 15, 2026, took the rate from $0.28 to $0.83 (+196.43%). Over five years the dividend grew 36.4% a year.
Is STEP’s dividend safe?
No rating can promise a future payment, but the record on file says a lot. It has raised its dividend 1 years in a row and gone 4+ years without a cut. This is data, not investment advice. The full 8-check rating comes with a plan.
How do I track my STEP dividends?
Add STEP to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run STEP in the DRIP calculator.