Gestamp Automoción is a dividend paying company with a current yield of 5.06% that is well covered by earnings. Next payment date is on 3rd July, 2024 with an ex-dividend date of 1st July, 2024.
Key information
5.1%
Dividend yield
30%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
03 Jul 24
Ex dividend date
01 Jul 24
Dividend per share
n/a
Earnings per share
€0.49
Dividend yield forecast in 3Y
7.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 7GA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 7GA's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Gestamp Automoción Dividend Yield vs Market
How does 7GA dividend yield compare to the market?
Segment
Dividend Yield
Company (7GA)
5.1%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.6%
Industry Average (Auto Components)
3.1%
Analyst forecast in 3 Years (7GA)
7.7%
Notable Dividend: 7GA's dividend (5.06%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: 7GA's dividend (5.06%) is in the top 25% of dividend payers in the German market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.2%), 7GA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.9%), 7GA's dividend payments are well covered by cash flows.