Grieg Seafood is a dividend paying company with a current yield of 2.44% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 20th June, 2024.
Key information
2.4%
Dividend yield
35%
Payout ratio
Industry average yield
3.6%
Next dividend pay date
27 Jun 24
Ex dividend date
20 Jun 24
Dividend per share
n/a
Earnings per share
€4.99
Dividend yield forecast in 3Y
4.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GR8 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GR8's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Grieg Seafood Dividend Yield vs Market
How does GR8 dividend yield compare to the market?
Segment
Dividend Yield
Company (GR8)
2.4%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Food)
3.6%
Analyst forecast in 3 Years (GR8)
4.7%
Notable Dividend: GR8's dividend (2.44%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: GR8's dividend (2.44%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35%), GR8's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GR8 is paying a dividend but the company has no free cash flows.