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 yield2.2%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareJA$2.02
Earnings per shareJA$7.81
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Dividend Yield vs Market

GraceKennedy Dividend Yield vs Market
How does GK dividend yield compare to the market?
SegmentDividend 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

How stable has GraceKennedy's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
2/3/20232.022.57
11/14/20222.022.48
11/11/20211.931.94
11/6/20201.61.9
5/14/20201.62.79
2/28/20201.62.75
11/9/20191.151.66
8/2/20191.251.81
3/1/20191.32.08
11/9/20181.352.31
8/2/20181.32.23
3/1/20181.232.47
11/10/20171.132.63
7/28/20171.12.62
3/1/20171.062.52
2/28/20171.022.49
11/10/20161.543.79
8/2/20162.025.03
3/1/20160.842.61
11/5/20150.833.12
7/31/20150.813.76
3/2/20150.793.77
11/6/20140.783.81
8/4/20140.733.71
3/3/20140.733.88
11/8/20130.733.88
7/30/20130.733.88
2/27/20130.73.76
2/29/20120.52.85

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.


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