Glencore Dividend
Dividend criteria checks 3/6
Glencore is a dividend paying company with a current yield of 2.23% that is well covered by earnings. Next payment date is on 5th June, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
2.2%
Dividend yield
38%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | 05 Jun 24 |
Ex dividend date | 02 May 24 |
Dividend per share | n/a |
Earnings per share | €0.35 |
Dividend yield forecast in 3Y | 3.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 8GC's dividend payments have been volatile in the past 10 years.
Growing Dividend: 8GC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Glencore Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (8GC) | 2.2% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Metals and Mining) | 3.8% |
Analyst forecast in 3 Years (8GC) | 3.3% |
Notable Dividend: 8GC's dividend (2.23%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: 8GC's dividend (2.23%) 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 (37.7%), 8GC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.1%), 8GC's dividend payments are well covered by cash flows.