Stable Dividend: Whilst dividend payments have been stable, GLO has been paying a dividend for less than 10 years.
Growing Dividend: GLO's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
ContourGlobal Dividend Yield vs Market
How does GLO dividend yield compare to the market?
Segment
Dividend Yield
Company (GLO)
4.9%
Market Bottom 25% (GB)
2.2%
Market Top 25% (GB)
5.7%
Industry Average (Renewable Energy)
2.3%
Analyst forecast (GLO) (up to 3 years)
7.6%
Notable Dividend: GLO's dividend (4.88%) is higher than the bottom 25% of dividend payers in the UK market (2%).
High Dividend: GLO's dividend (4.88%) is low compared to the top 25% of dividend payers in the UK market (5.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.2%), GLO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.4%), GLO's dividend payments are thoroughly covered by cash flows.
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2022/12/22 02:34
End of Day Share Price
2022/12/20 00:00
Earnings
2022/06/30
Annual Earnings
2021/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ContourGlobal plc is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.