Grange Resources Dividend
Dividend criteria checks 3/6
Grange Resources is a dividend paying company with a current yield of 4.94% that is well covered by earnings.
Key information
4.9%
Dividend yield
15%
Payout ratio
Industry average yield | 5.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.13 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRR's dividend payments have been volatile in the past 10 years.
Growing Dividend: GRR's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
Grange Resources Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GRR) | 4.9% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Metals and Mining) | 5.0% |
Analyst forecast in 3 Years (GRR) | n/a |
Notable Dividend: GRR's dividend (4.94%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: GRR's dividend (4.94%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.4%), GRR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.4%), GRR's dividend payments are thoroughly covered by cash flows.