Berry Global Group Dividends and Buybacks
Dividend criteria checks 2/6
Berry Global Group is a dividend paying company with a current yield of 1.58% that is well covered by earnings. Last payment was on 15th September, 2023 with an ex-dividend date of 31st August, 2023.
Key information
1.6%
Dividend yield
6.1%
Buyback Yield
| Total Shareholder Yield | 7.7% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | -9.9% |
| Next dividend pay date | 15 Sep 23 |
| Ex dividend date | 31 Aug 23 |
| Dividend per share | n/a |
| Payout ratio | 14% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether BERY *'s dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if BERY *'s dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Berry Global Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BERY *) | 1.6% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.2% |
| Industry Average (Packaging) | 5.3% |
| Analyst forecast (BERY *) (up to 3 years) | 1.4% |
Notable Dividend: BERY *'s dividend (1.58%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.31%).
High Dividend: BERY *'s dividend (1.58%) is low compared to the top 25% of dividend payers in the MX market (7.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.9%), BERY *'s dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (11.6%), BERY *'s dividend payments are thoroughly covered by cash flows.