GR Engineering Services Limited

ASX:GNG Stock Report

Market Cap: AU$370.5m

GR Engineering Services Dividend

Dividend criteria checks 3/6

GR Engineering Services is a dividend paying company with a current yield of 8.48%.

Key information

8.5%

Dividend yield

107%

Payout ratio

Industry average yield4.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareAU$0.17
Dividend yield forecast in 3Y8.5%

Recent dividend updates

GR Engineering Services (ASX:GNG) Has Affirmed Its Dividend Of A$0.10

Aug 28
GR Engineering Services (ASX:GNG) Has Affirmed Its Dividend Of A$0.10

GR Engineering Services' (ASX:GNG) Dividend Will Be Increased To A$0.10

Aug 24
GR Engineering Services' (ASX:GNG) Dividend Will Be Increased To A$0.10

Recent updates

GR Engineering Services (ASX:GNG) Has Affirmed Its Dividend Of A$0.10

Aug 28
GR Engineering Services (ASX:GNG) Has Affirmed Its Dividend Of A$0.10

We Think Shareholders Will Probably Be Generous With GR Engineering Services Limited's (ASX:GNG) CEO Compensation

Nov 16
We Think Shareholders Will Probably Be Generous With GR Engineering Services Limited's (ASX:GNG) CEO Compensation

GR Engineering Services' (ASX:GNG) Dividend Will Be Increased To A$0.10

Aug 24
GR Engineering Services' (ASX:GNG) Dividend Will Be Increased To A$0.10

GR Engineering Services (ASX:GNG) Is Increasing Its Dividend To AU$0.09

Feb 24
GR Engineering Services (ASX:GNG) Is Increasing Its Dividend To AU$0.09

GR Engineering Services (ASX:GNG) Has A Rock Solid Balance Sheet

Nov 04
GR Engineering Services (ASX:GNG) Has A Rock Solid Balance Sheet

Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

May 23
Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Investors Should Be Encouraged By GR Engineering Services' (ASX:GNG) Returns On Capital

Apr 05
Investors Should Be Encouraged By GR Engineering Services' (ASX:GNG) Returns On Capital

Do Institutions Own GR Engineering Services Limited (ASX:GNG) Shares?

Mar 21
Do Institutions Own GR Engineering Services Limited (ASX:GNG) Shares?

Why It Might Not Make Sense To Buy GR Engineering Services Limited (ASX:GNG) For Its Upcoming Dividend

Mar 06
Why It Might Not Make Sense To Buy GR Engineering Services Limited (ASX:GNG) For Its Upcoming Dividend

GR Engineering Services Limited Just Recorded A 14% Revenue Beat: Here's What Analysts Think

Feb 24
GR Engineering Services Limited Just Recorded A 14% Revenue Beat: Here's What Analysts Think

GR Engineering Services Limited (ASX:GNG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

Feb 23
GR Engineering Services Limited (ASX:GNG) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?

What Does GR Engineering Services' (ASX:GNG) CEO Pay Reveal?

Feb 06
What Does GR Engineering Services' (ASX:GNG) CEO Pay Reveal?

Did You Participate In Any Of GR Engineering Services' (ASX:GNG) Fantastic 123% Return ?

Jan 10
Did You Participate In Any Of GR Engineering Services' (ASX:GNG) Fantastic 123% Return ?

Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Dec 15
Does GR Engineering Services (ASX:GNG) Have A Healthy Balance Sheet?

Zooming in on ASX:GNG's 5.5% Dividend Yield

Nov 24
Zooming in on ASX:GNG's 5.5% Dividend Yield

Are Dividend Investors Making A Mistake With GR Engineering Services Limited (ASX:GNG)?

Aug 20
Are Dividend Investors Making A Mistake With GR Engineering Services Limited (ASX:GNG)?

GR Engineering Services' (ASX:GNG) Shareholders Are Down 43% On Their Shares

Jul 16
GR Engineering Services' (ASX:GNG) Shareholders Are Down 43% On Their Shares

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: GNG's dividend payments have been volatile in the past 10 years.

Growing Dividend: GNG's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

GR Engineering Services Dividend Yield vs Market
How does GNG dividend yield compare to the market?
SegmentDividend Yield
Company (GNG)8.5%
Market Bottom 25% (AU)2.6%
Market Top 25% (AU)6.3%
Industry Average (Metals and Mining)4.9%
Analyst forecast in 3 Years (GNG)8.5%

Notable Dividend: GNG's dividend (8.48%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).

High Dividend: GNG's dividend (8.48%) is in the top 25% of dividend payers in the Australian market (6.25%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (107.2%), GNG's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (279.2%), GNG's dividend payments are not well covered by cash flows.


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