GrainCorp Dividend
Dividend criteria checks 4/6
GrainCorp is a dividend paying company with a current yield of 5.98% that is well covered by earnings.
Key information
6.0%
Dividend yield
63%
Payout ratio
| Industry average yield | 3.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.540 |
| Earnings per share | AU$0.45 |
| Dividend yield forecast | 3.6% |
Recent dividend updates
Recent updates
GrainCorp Limited's (ASX:GNC) Business Is Yet to Catch Up With Its Share Price
Sep 13
Is Now The Time To Look At Buying GrainCorp Limited (ASX:GNC)?
Apr 02Improved Earnings Required Before GrainCorp Limited (ASX:GNC) Shares Find Their Feet
Mar 08GrainCorp (ASX:GNC) Has A Somewhat Strained Balance Sheet
Dec 05Calculating The Intrinsic Value Of GrainCorp Limited (ASX:GNC)
Jun 29GrainCorp (ASX:GNC) Has A Somewhat Strained Balance Sheet
Jun 13When Should You Buy GrainCorp Limited (ASX:GNC)?
Feb 17GrainCorp (ASX:GNC) Has A Pretty Healthy Balance Sheet
Jan 18Calculating The Fair Value Of GrainCorp Limited (ASX:GNC)
Dec 20Revenue Beat: GrainCorp Limited Exceeded Revenue Forecasts By 7.4% And Analysts Are Updating Their Estimates
Nov 17At AU$8.59, Is GrainCorp Limited (ASX:GNC) Worth Looking At Closely?
Sep 12Calculating The Intrinsic Value Of GrainCorp Limited (ASX:GNC)
Aug 22We Think GrainCorp (ASX:GNC) Is Taking Some Risk With Its Debt
Aug 04GrainCorp's (ASX:GNC) Upcoming Dividend Will Be Larger Than Last Year's
Jun 03Is GrainCorp Limited (ASX:GNC) Potentially Undervalued?
May 13Upgrade: Analysts Just Made A Substantial Increase To Their GrainCorp Limited (ASX:GNC) Forecasts
Apr 18GrainCorp Limited's (ASX:GNC) Intrinsic Value Is Potentially 40% Above Its Share Price
Feb 28Is Now An Opportune Moment To Examine GrainCorp Limited (ASX:GNC)?
Jan 19Here's Why GrainCorp (ASX:GNC) Can Manage Its Debt Responsibly
Dec 29GrainCorp Limited's (ASX:GNC) Intrinsic Value Is Potentially 45% Above Its Share Price
Nov 19Is GrainCorp (ASX:GNC) Using Too Much Debt?
May 27Is Now An Opportune Moment To Examine GrainCorp Limited (ASX:GNC)?
Mar 25Should GrainCorp Limited (ASX:GNC) Be Part Of Your Dividend Portfolio?
Mar 07Is GrainCorp (ASX:GNC) A Risky Investment?
Feb 17
Is GrainCorp Limited (ASX:GNC) Trading At A 34% Discount?
Feb 01Could The GrainCorp Limited (ASX:GNC) Ownership Structure Tell Us Something Useful?
Jan 17We're Not Counting On GrainCorp (ASX:GNC) To Sustain Its Statutory Profitability
Jan 02Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GNC's dividend payments have been volatile in the past 10 years.
Growing Dividend: GNC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| GrainCorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GNC) | 6.0% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Consumer Retailing) | 3.7% |
| Analyst forecast (GNC) (up to 3 years) | 3.6% |
Notable Dividend: GNC's dividend (5.98%) is higher than the bottom 25% of dividend payers in the Australian market (2.58%).
High Dividend: GNC's dividend (5.98%) is low compared to the top 25% of dividend payers in the Australian market (5.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.4%), GNC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.3%), GNC's dividend payments are well covered by cash flows.