GraceKennedy Dividend
Dividend criteria checks 4/6
GraceKennedy Limited is a dividend paying company with a current yield of 2.6% that is well covered by earnings.
Key information
2.6%
Dividend yield
25%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | JA$2.02 |
| Earnings per share | JA$7.81 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Dividend Yield vs Market
| GraceKennedy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GK) | 2.6% |
| Market Bottom 25% (JM) | 1.7% |
| Market Top 25% (JM) | 3.9% |
| Industry Average (Consumer Retailing) | 2.2% |
| Analyst forecast in 3 Years (GK) | n/a |
Notable Dividend: GK's dividend (2.56%) is higher than the bottom 25% of dividend payers in the JM market (1.72%).
High Dividend: GK's dividend (2.56%) is low compared to the top 25% of dividend payers in the JM market (3.86%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 2/3/2023 | 2.02 | 2.57 |
| 11/14/2022 | 2.02 | 2.48 |
| 11/11/2021 | 1.93 | 1.94 |
| 11/6/2020 | 1.6 | 1.9 |
| 5/14/2020 | 1.6 | 2.79 |
| 2/28/2020 | 1.6 | 2.75 |
| 11/9/2019 | 1.15 | 1.66 |
| 8/2/2019 | 1.25 | 1.81 |
| 3/1/2019 | 1.3 | 2.08 |
| 11/9/2018 | 1.35 | 2.31 |
| 8/2/2018 | 1.3 | 2.23 |
| 3/1/2018 | 1.23 | 2.47 |
| 11/10/2017 | 1.13 | 2.63 |
| 7/28/2017 | 1.1 | 2.62 |
| 3/1/2017 | 1.06 | 2.52 |
| 2/28/2017 | 1.02 | 2.49 |
| 11/10/2016 | 1.54 | 3.79 |
| 8/2/2016 | 2.02 | 5.03 |
| 3/1/2016 | 0.84 | 2.61 |
| 11/5/2015 | 0.83 | 3.12 |
| 7/31/2015 | 0.81 | 3.76 |
| 3/2/2015 | 0.79 | 3.77 |
| 11/6/2014 | 0.78 | 3.81 |
| 8/4/2014 | 0.73 | 3.71 |
| 3/3/2014 | 0.73 | 3.88 |
| 11/8/2013 | 0.73 | 3.88 |
| 7/30/2013 | 0.73 | 3.88 |
| 2/27/2013 | 0.7 | 3.76 |
| 2/29/2012 | 0.5 | 2.85 |
Stable Dividend: GK's dividend payments have been volatile in the past 10 years.
Growing Dividend: GK's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.5%), GK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.8%), GK's dividend payments are well covered by cash flows.