Risk-on sentiment allowed Goldman Sachs to post 2.51% gain yesterday

Yesterday at a glance: Goldman Sachs ended Thursday at $323.88. yesterday it went up to $332.87 only to drop back, yet still managed to close at $332.

• Daily trading volume (2.14 million shares) increased, making up 128% of the 21-day average (1.67 million).
• Goldman Sachs discloses $2.5 per share dividend to be paid on Thursday, March 30th

With only 3 days remaining until market open, yesterday's session was noteworthy in that Dow Jones built upon its previous close around 32,765 to gain 1%, before closing the session at 33,100. S&P 500 rose 1.3% and finished the day at 4,205.45. Goldman Sachs climbed to $323.88 with similar gains seen throughout the Financial Services sector (up 0.157%).

The investment banking and securities company is now trading 9.38% below its 3-month high of $388.86. So far this year, it has been under-performing the Dow Jones by 4.07%. Goldman Sachs is currently trading with a market cap of $110.38 billion with an average daily trading volume of 1.67 million shares. Goldman Sachs last reported revenue of $12.22 billion with an EPS of $8.79.

Goldman Sachs disclosed a quarterly dividend of $2.5 per share on Friday, January 13th that was paid on Thursday, March 30th to all shareholders of record up until Thursday, March 2nd. Based on current prices, the company's decision thereby provides Goldman Sachs investors with an annual dividend yield of 3%.

A look at other financials stocks also showed bullish price action as American Express was up 4.08%. The Blackstone Group Inc. added 2.6% to its value, and traded at $85.7. Royal Bank Of Canada gained 1.47%, as it traded at $90.41.