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 yield4.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per share৳22.90
Dividend yield forecast in 3Y13.6%

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
How does GP dividend yield compare to the market?
SegmentDividend 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.


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