Greencoat Renewables Dividends and Buybacks
Dividend criteria checks 3/6
Greencoat Renewables is a dividend paying company with a current yield of 7.75%. Next payment date is on 29th November, 2024 with an ex-dividend date of 7th November, 2024.
Key information
7.7%
Dividend yield
1.0%
Buyback Yield
| Total Shareholder Yield | 8.8% |
| Future Dividend Yield | 8.1% |
| Dividend Growth | 5.0% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 07 Nov 24 |
| Dividend per share | €0.0674 |
| Payout ratio | 128% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GRP has been paying a dividend for less than 10 years.
Growing Dividend: GRP's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
| Greencoat Renewables Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRP) | 7.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Renewable Energy) | 4.2% |
| Analyst forecast (GRP) (up to 3 years) | 8.1% |
Notable Dividend: GRP's dividend (7.75%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: GRP's dividend (7.75%) is in the top 25% of dividend payers in the German market (4.8%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (127.6%), GRP's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.3%), GRP's dividend payments are covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/06 02:55 |
| End of Day Share Price | 2024/08/09 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Greencoat Renewables PLC is covered by 14 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Conor Finn | Barclays |
| Nicolas Vaysselier | BNP Paribas Exane |
| Arnaud Maurice Giblat | BNP Paribas Exane |