Grit Real Estate Income Group Dividend
Dividend criteria checks 3/6
Grit Real Estate Income Group is a dividend paying company with a current yield of 12%.
Key information
12.0%
Dividend yield
-15%
Payout ratio
| Industry average yield | 2.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | -UK£0.098 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
We Think Some Shareholders May Hesitate To Increase Grit Real Estate Income Group Limited's (LON:GR1T) CEO Compensation
Dec 13
We Think Shareholders Should Be Aware Of Some Factors Beyond Grit Real Estate Income Group's (LON:GR1T) Profit
Mar 04Is Grit Real Estate Income Group Limited (LON:GR1T) At Risk Of Cutting Its Dividend?
Feb 18
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GR1T has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GR1T has only been paying a dividend for 5 years, and since then payments have fallen.
Dividend Yield vs Market
| Grit Real Estate Income Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GR1T) | 12.0% |
| Market Bottom 25% (GB) | 2.2% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Real Estate) | 2.9% |
| Analyst forecast in 3 Years (GR1T) | n/a |
Notable Dividend: GR1T's dividend (12%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: GR1T's dividend (12%) is in the top 25% of dividend payers in the UK market (5.78%)
Earnings Payout to Shareholders
Earnings Coverage: GR1T is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (49%), GR1T's dividend payments are well covered by cash flows.