Globe International Carriers Dividend
Dividend criteria checks 3/6
Globe International Carriers is a dividend paying company with a current yield of 0.62% that is well covered by earnings.
Key information
0.6%
Dividend yield
24%
Payout ratio
| Industry average yield | 1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹1.14 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Globe International Carriers Limited's (NSE:GICL) Share Price Is Still Matching Investor Opinion Despite 28% Slump
Mar 27
Calculating The Fair Value Of Globe International Carriers Limited (NSE:GICL)
Mar 18Earnings Tell The Story For Globe International Carriers Limited (NSE:GICL) As Its Stock Soars 51%
Feb 01Globe International Carriers Limited's (NSE:GICL) 40% Jump Shows Its Popularity With Investors
Dec 18Is Now The Time To Put Globe International Carriers (NSE:GICL) On Your Watchlist?
Oct 31We Ran A Stock Scan For Earnings Growth And Globe International Carriers (NSE:GICL) Passed With Ease
Feb 11Globe International Carriers Limited's (NSE:GICL) 35% Price Boost Is Out Of Tune With Earnings
Jun 04Calculating The Fair Value Of Globe International Carriers Limited (NSE:GICL)
Apr 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether GICL's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if GICL's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Globe International Carriers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GICL) | 0.6% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Transportation) | 1.0% |
| Analyst forecast in 3 Years (GICL) | n/a |
Notable Dividend: GICL's dividend (0.62%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: GICL's dividend (0.62%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.8%), GICL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (8.4%), GICL's dividend payments are thoroughly covered by cash flows.