G.M. Leather Dividends and Buybacks
Dividend criteria checks 1/6
G.M. Leather is a dividend paying company with a current yield of 1.93% that is well covered by earnings.
Key information
1.9%
Dividend yield
0.05%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 1.9% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.022 |
| Payout ratio | 13% |
Recent dividend and buyback updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GML has been paying a dividend for less than 10 years.
Growing Dividend: GML has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| G.M. Leather Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GML) | 1.9% |
| Market Bottom 25% (IT) | 1.9% |
| Market Top 25% (IT) | 5.6% |
| Industry Average (Luxury) | 2.1% |
| Analyst forecast (GML) (up to 3 years) | 1.9% |
Notable Dividend: GML's dividend (1.93%) isn’t notable compared to the bottom 25% of dividend payers in the Italian market (1.94%).
High Dividend: GML's dividend (1.93%) is low compared to the top 25% of dividend payers in the Italian market (5.59%).
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.