Grenke Dividend
Dividend criteria checks 4/6
Grenke is a dividend paying company with a current yield of 2.15% 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
2.1%
Dividend yield
26%
Payout ratio
Industry average yield | 2.7% |
Next dividend pay date | 06 May 24 |
Ex dividend date | 02 May 24 |
Dividend per share | n/a |
Earnings per share | €1.81 |
Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (GLJ) | 2.1% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Diversified Financial) | 2.7% |
Analyst forecast in 3 Years (GLJ) | 3.6% |
Notable Dividend: GLJ's dividend (2.15%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: GLJ's dividend (2.15%) 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 (6.7%), GLJ's dividend payments are thoroughly covered by cash flows.