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Gram Car Carriers Dividends and Buybacks
Dividend criteria checks 4/6
Gram Car Carriers is a dividend paying company with a current yield of 16.49% that is well covered by earnings.
Key information
16.5%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 17.2% |
| Future Dividend Yield | 10.8% |
| Dividend Growth | 98.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €42.658 |
| Payout ratio | 76% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, G39 has been paying a dividend for less than 10 years.
Growing Dividend: G39's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Gram Car Carriers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (G39) | 16.5% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Shipping) | 6.2% |
| Analyst forecast (G39) (up to 3 years) | 10.8% |
Notable Dividend: G39's dividend (16.49%) is higher than the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: G39's dividend (16.49%) is in the top 25% of dividend payers in the German market (4.91%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.9%), G39's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.9%), G39's dividend payments are covered by cash flows.