Gestamp Automoción Dividend
Dividend criteria checks 3/6
Gestamp Automoción is a dividend paying company with a current yield of 5.82% that is well covered by earnings.
Key information
5.8%
Dividend yield
20%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$0.147 |
| Earnings per share | Mex$0.39 |
| Dividend yield forecast | 8.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GEST N has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GEST N's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Gestamp Automoción Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GEST N) | 5.8% |
| Market Bottom 25% (MX) | 2.3% |
| Market Top 25% (MX) | 6.9% |
| Industry Average (Auto Components) | 2.3% |
| Analyst forecast (GEST N) (up to 3 years) | 8.7% |
Notable Dividend: GEST N's dividend (5.82%) is higher than the bottom 25% of dividend payers in the MX market (2.11%).
High Dividend: GEST N's dividend (5.82%) is low compared to the top 25% of dividend payers in the MX market (7.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.7%), GEST N's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (73.8%), GEST N's dividend payments are covered by cash flows.