Griffon Dividends and Buybacks
Dividend criteria checks 3/6
Griffon is a dividend paying company with a current yield of 0.85% that is well covered by earnings. Next payment date is on 18th December, 2024 with an ex-dividend date of 25th November, 2024.
Key information
0.8%
Dividend yield
7.8%
Buyback Yield
| Total Shareholder Yield | 8.7% |
| Future Dividend Yield | 0.8% |
| Dividend Growth | 10.3% |
| Next dividend pay date | 18 Dec 24 |
| Ex dividend date | 25 Nov 24 |
| Dividend per share | €0.720 |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GFF's dividend payments have been volatile in the past 10 years.
Growing Dividend: GFF's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Griffon Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GFF) | 0.8% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Building) | 2.0% |
| Analyst forecast (GFF) (up to 3 years) | 0.8% |
Notable Dividend: GFF's dividend (0.85%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: GFF's dividend (0.85%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.6%), GFF's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.1%), GFF's dividend payments are thoroughly covered by cash flows.