G.M. Leather Dividend
Dividend criteria checks 2/6
G.M. Leather is a dividend paying company with a current yield of 1.98% that is well covered by earnings.
Key information
2.0%
Dividend yield
13%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.18 |
Dividend yield forecast in 3Y | 6.3% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether GML's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if GML's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
G.M. Leather Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GML) | 2.0% |
Market Bottom 25% (IT) | 1.9% |
Market Top 25% (IT) | 5.7% |
Industry Average (Luxury) | 1.7% |
Analyst forecast in 3 Years (GML) | 6.3% |
Notable Dividend: GML's dividend (1.98%) is higher than the bottom 25% of dividend payers in the Italian market (1.93%).
High Dividend: GML's dividend (1.98%) is low compared to the top 25% of dividend payers in the Italian market (5.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.8%), GML's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GML is paying a dividend but the company has no free cash flows.