Gestamp Automoción is a dividend paying company with a current yield of 5.22% that is well covered by earnings. Next payment date is on 3rd July, 2024 with an ex-dividend date of 1st July, 2024.
Key information
5.2%
Dividend yield
30%
Payout ratio
Industry average yield
3.5%
Next dividend pay date
03 Jul 24
Ex dividend date
01 Jul 24
Dividend per share
n/a
Earnings per share
€0.49
Dividend yield forecast in 3Y
7.9%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GESTE has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GESTE's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Gestamp Automoción Dividend Yield vs Market
How does GESTE dividend yield compare to the market?
Segment
Dividend Yield
Company (GESTE)
5.2%
Market Bottom 25% (GB)
2.1%
Market Top 25% (GB)
5.8%
Industry Average (Auto Components)
3.5%
Analyst forecast in 3 Years (GESTE)
7.9%
Notable Dividend: GESTE's dividend (5.22%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: GESTE's dividend (5.22%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.2%), GESTE's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.9%), GESTE's dividend payments are well covered by cash flows.