Gamma Communications is a dividend paying company with a current yield of 1.31% that is well covered by earnings. Next payment date is on 20th June, 2024 with an ex-dividend date of 30th May, 2024.
Key information
1.3%
Dividend yield
31%
Payout ratio
Industry average yield
3.2%
Next dividend pay date
20 Jun 24
Ex dividend date
30 May 24
Dividend per share
n/a
Earnings per share
€0.55
Dividend yield forecast in 3Y
1.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 6GC has been paying a dividend for less than 10 years.
Growing Dividend: 6GC's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Gamma Communications Dividend Yield vs Market
How does 6GC dividend yield compare to the market?
Segment
Dividend Yield
Company (6GC)
1.3%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Telecom)
3.2%
Analyst forecast in 3 Years (6GC)
1.7%
Notable Dividend: 6GC's dividend (1.31%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: 6GC's dividend (1.31%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31%), 6GC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (19.5%), 6GC's dividend payments are well covered by cash flows.