Grafton Group is a dividend paying company with a current yield of 3.69% that is well covered by earnings. Next payment date is on 9th May, 2024 with an ex-dividend date of 11th April, 2024.
Key information
3.7%
Dividend yield
52%
Payout ratio
Industry average yield
2.1%
Next dividend pay date
09 May 24
Ex dividend date
11 Apr 24
Dividend per share
n/a
Earnings per share
UK£0.74
Dividend yield forecast in 3Y
3.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GFTUL's dividends per share have been stable in the past 10 years.
Growing Dividend: GFTUL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Grafton Group Dividend Yield vs Market
How does GFTUL dividend yield compare to the market?
Segment
Dividend Yield
Company (GFTUL)
3.7%
Market Bottom 25% (GB)
2.2%
Market Top 25% (GB)
6.2%
Industry Average (Trade Distributors)
2.1%
Analyst forecast in 3 Years (GFTUL)
3.8%
Notable Dividend: GFTUL's dividend (3.69%) is higher than the bottom 25% of dividend payers in the UK market (2.22%).
High Dividend: GFTUL's dividend (3.69%) is low compared to the top 25% of dividend payers in the UK market (6.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.8%), GFTUL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33%), GFTUL's dividend payments are well covered by cash flows.