Grameenphone Dividend
Dividend criteria checks 4/6
Grameenphone is a dividend paying company with a current yield of 5.24% that is well covered by earnings.
Key information
5.2%
Dividend yield
41%
Payout ratio
Industry average yield | 4.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳22.90 |
Dividend yield forecast in 3Y | 13.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GP's dividend payments have been volatile in the past 10 years.
Growing Dividend: GP's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Grameenphone Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GP) | 5.2% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 3.9% |
Industry Average (Wireless Telecom) | 4.0% |
Analyst forecast in 3 Years (GP) | 13.6% |
Notable Dividend: GP's dividend (5.24%) is higher than the bottom 25% of dividend payers in the BD market (0.87%).
High Dividend: GP's dividend (5.24%) is in the top 25% of dividend payers in the BD market (3.85%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.5%), GP's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (52.4%), GP's dividend payments are covered by cash flows.