GQG Partners Dividend
Dividend criteria checks 1/6
GQG Partners is a dividend paying company with a current yield of 5.56%. Next payment date is on 27th June, 2024 with an ex-dividend date of 8th May, 2024.
Key information
5.6%
Dividend yield
95%
Payout ratio
| Industry average yield | 3.6% |
| Next dividend pay date | 27 Jun 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | AU$0.094 |
| Dividend yield forecast in 3Y | 9.1% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GQG has been paying a dividend for less than 10 years.
Growing Dividend: GQG's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| GQG Partners Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GQG) | 5.6% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Capital Markets) | 3.6% |
| Analyst forecast in 3 Years (GQG) | 9.1% |
Notable Dividend: GQG's dividend (5.56%) is higher than the bottom 25% of dividend payers in the Australian market (2.57%).
High Dividend: GQG's dividend (5.56%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (95.3%), GQG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.3%), GQG's dividend payments are not well covered by cash flows.