Grenke Dividend
Dividend criteria checks 3/6
Grenke is a dividend paying company with a current yield of 2.18% that is well covered by earnings.
Key information
2.1%
Dividend yield
26%
Payout ratio
| Industry average yield | 2.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | €1.84 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
Take Care Before Diving Into The Deep End On Grenke AG (ETR:GLJ)
Mar 21
Potential Upside For Grenke AG (ETR:GLJ) Not Without Risk
Dec 21Grenke AG (ETR:GLJ) Has Got What It Takes To Be An Attractive Dividend Stock
Feb 21
What Percentage Of Grenke AG (ETR:GLJ) Shares Do Insiders Own?
Jan 26What Type Of Returns Would Grenke's(ETR:GLJ) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Dec 09Are You An Income Investor? Don't Miss Out On Grenke AG (ETR:GLJ)
Nov 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GLJ's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLJ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Grenke Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GLJ) | 2.1% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.6% |
| Industry Average (Diversified Financial) | 2.6% |
| Analyst forecast in 3 Years (GLJ) | 3.6% |
Notable Dividend: GLJ's dividend (2.18%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: GLJ's dividend (2.18%) is low compared to the top 25% of dividend payers in the German market (4.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.8%), GLJ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GLJ is paying a dividend but the company has no free cash flows.