6 unchanged sentences
Dividend Policy
−Removed: The Board of Directors of the Company declared a quarterly cash dividend of $0.15 per share of Class A common stock, which was paid on March 15, 2022 to holders of record at the close of business on February 28, 2022.
−Removed: In addition, on May 26, 2022, we announced a dividend of $0.20 per share of Class A common stock, which is payable on June 30, 2022 to holders of record at the close of business on June 15, 2022.
−Removed: This dividend relates to earnings in respect of our fourth quarter of fiscal year 2022.
+Added: The declaration and payment of any dividends is subject to the approval of the board of directors of the Company, which may change our dividend policy at any time.
+Added: Holders of our Class B common stock will not be entitled to dividends distributed by the Company, but will share in the distributions made by the Partnership on a pro rata basis as further discussed below.
+Added: On May 24, 2023, we announced a quarterly cash dividend of $0.20 per share of Class A common stock and a supplemental cash dividend of $0.25 per share of Class A common stock, both payable on June 30, 2023 to holders of record at the close of business on June 15, 2023.
+Added: The quarterly cash dividend and supplemental cash dividend relate to earnings in respect of our fourth fiscal quarter and full fiscal year 2023, respectively.
+Added: The declaration of this supplemental dividend does not guarantee that the Company will declare supplemental dividends in the future and the board of directors may, in its discretion, decrease the level of dividends or discontinue the payment of dividends entirely.
+Added: See “Risk Factors—Risks Related to Our Organizational Structure— We currently pay dividends to our stockholders, but our ability to do so is subject to the discretion of our board of directors and may be limited by our holding company structure and applicable provisions of Delaware law.”
The following table presents information regarding quarterly dividends on Class A common shares for the periods indicated:
11 unchanged sentences
Total dividends paid in FY2022 $ 0.44
+Added: First quarter June 30, 2022 $ 0.20
+Added: Second quarter September 15, 2022 0.20
+Added: Third quarter December 15, 2022 0.20
+Added: Fourth quarter March 15, 2023 0.20
+Added: Total dividends paid in FY2023 $ 0.80
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20 unchanged sentences
Use of Proceeds
+Added: Not applicable.
Issuer Purchases of Equity Securities
4 unchanged sentences
The performance shown in the graph below is not intended to forecast or be indicative of future stock price performance.
−Removed: September 16, 2020 March 31, 2021 March 31, 2022
+Added: September 16, 2020 March 31, 2021 March 31, 2022 March 31, 2023
StepStone Group Inc.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.