GSK Dividend
Dividend criteria checks 3/6
GSK is a dividend paying company with a current yield of 3.7% that is well covered by earnings. Next payment date is on 10th October, 2024 with an ex-dividend date of 15th August, 2024.
Key information
3.7%
Dividend yield
60%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 10 Oct 24 |
| Ex dividend date | 15 Aug 24 |
| Dividend per share | UK£0.580 |
| Earnings per share | UK£0.99 |
| Dividend yield forecast in 3Y | 4.3% |
Recent dividend updates
GSK (LON:GSK) Is Paying Out A Dividend Of £0.15
Aug 05
GSK (LON:GSK) Will Pay A Dividend Of £0.15
May 05Recent updates
GSK (LON:GSK) Is Paying Out A Dividend Of £0.15
Aug 05GSK (LON:GSK) Will Pay A Dividend Of £0.15
May 05We Think Shareholders Are Less Likely To Approve A Large Pay Rise For GSK plc's (LON:GSK) CEO For Now
May 02These 4 Measures Indicate That GSK (LON:GSK) Is Using Debt Reasonably Well
Apr 19GSK's (LON:GSK) Solid Earnings Are Supported By Other Strong Factors
Feb 07We Think GSK (LON:GSK) Can Stay On Top Of Its Debt
Jan 17Insufficient Growth At GSK plc (LON:GSK) Hampers Share Price
Dec 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GSK's dividend payments have been volatile in the past 10 years.
Growing Dividend: GSK's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| GSK Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GSK) | 3.7% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.7% |
| Industry Average (Pharmaceuticals) | 2.2% |
| Analyst forecast in 3 Years (GSK) | 4.3% |
Notable Dividend: GSK's dividend (3.7%) is higher than the bottom 25% of dividend payers in the UK market (2.03%).
High Dividend: GSK's dividend (3.7%) is low compared to the top 25% of dividend payers in the UK market (5.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.5%), GSK's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.3%), GSK's dividend payments are well covered by cash flows.