GCP Asset Backed Income Fund Dividend
Dividend criteria checks 4/6
GCP Asset Backed Income Fund is a dividend paying company with a current yield of 9.11% that is well covered by earnings. Next payment date is on 4th June, 2024 with an ex-dividend date of 2nd May, 2024.
Key information
9.1%
Dividend yield
0.0907%
Payout ratio
| Industry average yield | 3.2% |
| Next dividend pay date | 04 Jun 24 |
| Ex dividend date | 02 May 24 |
| Dividend per share | n/a |
| Earnings per share | UK£0.043 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GABI has been paying a dividend for less than 10 years.
Growing Dividend: GABI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| GCP Asset Backed Income Fund Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GABI) | 9.1% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Capital Markets) | 3.2% |
| Analyst forecast in 3 Years (GABI) | n/a |
Notable Dividend: GABI's dividend (9.11%) is higher than the bottom 25% of dividend payers in the UK market (2.15%).
High Dividend: GABI's dividend (9.11%) is in the top 25% of dividend payers in the UK market (5.88%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (0.09%), GABI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), GABI's dividend payments are well covered by cash flows.