GCM Grosvenor Boosts Dividend to $0.12, Yielding 4.3%

GCM Grosvenor will increase its dividend to $0.12, a 4.3% yield, which is above the industry average. The company has a solid dividend track record, with a 15% CAGR over the last five years. Earnings per share are forecast to rise 17.5% in the next year, and the dividend payout ratio is expected to be 68%, which is considered sustainable. The company's ability to sustainably cover its dividend payments and fuel growth through reinvestment of earnings is positive for investors.