Grenke Dividend

Dividend criteria checks 4/6

Grenke is a dividend paying company with a current yield of 1.9% that is well covered by earnings. Next payment date is on 6th May, 2024 with an ex-dividend date of 2nd May, 2024.

Key information

1.9%

Dividend yield

26%

Payout ratio

Industry average yield2.7%
Next dividend pay date06 May 24
Ex dividend date02 May 24
Dividend per sharen/a
Earnings per share€1.80
Dividend yield forecast in 3Y3.2%

Recent dividend updates

Recent updates

Take Care Before Diving Into The Deep End On Grenke AG (ETR:GLJ)

Mar 21
Take Care Before Diving Into The Deep End On Grenke AG (ETR:GLJ)

Potential Upside For Grenke AG (ETR:GLJ) Not Without Risk

Dec 21
Potential Upside For Grenke AG (ETR:GLJ) Not Without Risk

Grenke AG (ETR:GLJ) Has Got What It Takes To Be An Attractive Dividend Stock

Feb 21
Grenke AG (ETR:GLJ) Has Got What It Takes To Be An Attractive Dividend Stock

What Percentage Of Grenke AG (ETR:GLJ) Shares Do Insiders Own?

Jan 26
What Percentage Of Grenke AG (ETR:GLJ) Shares Do Insiders Own?

What Type Of Returns Would Grenke's(ETR:GLJ) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Dec 09
What Type Of Returns Would Grenke's(ETR:GLJ) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Are You An Income Investor? Don't Miss Out On Grenke AG (ETR:GLJ)

Nov 18
Are You An Income Investor? Don't Miss Out On Grenke AG (ETR:GLJ)

Upcoming Dividend Payment

TodayMar 28 2024Ex Dividend DateMay 02 2024Dividend Pay DateMay 06 20244 days from Ex DividendBuy in the next 35 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: GLJ's dividend payments have been volatile in the past 10 years.

Growing Dividend: GLJ's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Grenke Dividend Yield vs Market
How does GLJ dividend yield compare to the market?
SegmentDividend Yield
Company (GLJ)1.9%
Market Bottom 25% (DE)1.7%
Market Top 25% (DE)4.7%
Industry Average (Diversified Financial)2.7%
Analyst forecast in 3 Years (GLJ)3.2%

Notable Dividend: GLJ's dividend (1.9%) is higher than the bottom 25% of dividend payers in the German market (1.72%).

High Dividend: GLJ's dividend (1.9%) is low compared to the top 25% of dividend payers in the German market (4.7%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (26.3%), GLJ's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (6.8%), GLJ's dividend payments are thoroughly covered by cash flows.


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