Greencoat Renewables PLC

ISE:GRP Stock Report

Market Cap: €922.0m

Greencoat Renewables Dividends and Buybacks

Dividend criteria checks 3/6

Greencoat Renewables is a dividend paying company with a current yield of 8.14%. Next payment date is on 29th November, 2024 with an ex-dividend date of 7th November, 2024.

Key information

8.1%

Dividend yield

1.1%

Buyback Yield

Total Shareholder Yield9.2%
Future Dividend Yield8.5%
Dividend Growth5.2%
Next dividend pay date29 Nov 24
Ex dividend date07 Nov 24
Dividend per share€0.0674
Payout ratio128%

Recent dividend and buyback updates

Recent updates

Estimating The Fair Value Of Greencoat Renewables PLC (ISE:GRP)

Mar 01
Estimating The Fair Value Of Greencoat Renewables PLC (ISE:GRP)

Based On Its ROE, Is Greencoat Renewables PLC (ISE:GRP) A High Quality Stock?

Mar 03
Based On Its ROE, Is Greencoat Renewables PLC (ISE:GRP) A High Quality Stock?

Are Greencoat Renewables's (ISE:GRP) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 19
Are Greencoat Renewables's (ISE:GRP) Statutory Earnings A Good Guide To Its Underlying Profitability?

Is Greencoat Renewables PLC (ISE:GRP) Popular Amongst Institutions?

Nov 25
Is Greencoat Renewables PLC (ISE:GRP) Popular Amongst Institutions?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, GRP has been paying a dividend for less than 10 years.

Growing Dividend: GRP's dividend payments have increased, but the company has only paid a dividend for 7 years.


Dividend Yield vs Market

Greencoat Renewables Dividend Yield vs Market
How does GRP dividend yield compare to the market?
SegmentDividend Yield
Company (GRP)8.1%
Market Bottom 25% (IE)2.1%
Market Top 25% (IE)6.0%
Industry Average (Renewable Energy)4.0%
Analyst forecast (GRP) (up to 3 years)8.5%

Notable Dividend: GRP's dividend (8.14%) is higher than the bottom 25% of dividend payers in the Irish market (2.12%).

High Dividend: GRP's dividend (8.14%) is in the top 25% of dividend payers in the Irish market (5.98%)


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (127.6%), GRP's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: At its current cash payout ratio (76.3%), GRP's dividend payments are covered by cash flows.


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