STEP Dividend History & Yield Analysis

STEP has 22 recorded dividend payments. Below is the full payout history with ex-dividend dates, pay dates, annual dividend totals and the current trailing and forward yield.

Yield & Payout Metrics

Dividend yield (TTM)
2.88%
Forward yield
5.16%
Dividend per share (TTM)
$1.39
Annualized rate
$2.49
Payout frequency
Semi-annual
Last payment
$0.8300
5-year dividend CAGR
Consecutive growth years
1

Yields calculated against a market price of $48.28.

Annual Dividend History

  • 2026$1.11
  • 2025$1.44
  • 2024$1.05
  • 2023$1.07
  • 2022$0.7500
  • 2021$0.3600

STEP Payout History & Ex-Dividend Dates

STEP dividend payments with ex-dividend date, pay date and amount per share
Ex-dividend datePay dateAmount / share
2026-06-012026-06-15$0.8300
2026-02-012026-02-27$0.2800
2025-11-012025-11-28$0.2800
2025-08-012025-08-29$0.2800
2025-06-012025-06-13$0.6400
2025-02-012025-02-28$0.2400
2024-11-012024-11-29$0.2400
2024-08-012024-08-30$0.2400
2024-06-012024-06-14$0.3600
2024-02-012024-02-28$0.2100
2023-11-012023-11-29$0.2100
2023-08-012023-08-30$0.2100
2023-06-012023-06-14$0.4500
2023-02-012023-02-27$0.2000
2022-11-012022-11-29$0.2000
2022-08-012022-08-30$0.2000
2022-06-012022-06-14$0.2000
2022-02-012022-02-25$0.1500
2021-11-012021-11-29$0.1500
2021-08-012021-08-30$0.0700
2021-06-012021-06-29$0.0700
2021-03-012021-03-18$0.0700

Does STEP pay dividends?

Yes. STEP pays on a semi-annual schedule, most recently $0.8300 per share with an ex-dividend date of 2026-06-01. To receive a payout you must own the shares before the ex-dividend date; buying on or after it means the previous holder collects that payment.

How the STEP yield is calculated

The trailing yield divides the last twelve months of dividends per share ($1.39) by the latest market price. The forward yield annualizes the most recent payment across 3 payments per year, which reacts faster after a dividend raise or cut. A rising yield is only good news when it comes from a growing payout rather than a falling share price — check the annual history above and the STEP DCF fair value page for the cash flow behind it.