Ginebra San Miguel Dividends and Buybacks
Dividend criteria checks 3/6
Ginebra San Miguel is a dividend paying company with a current yield of 6.47% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
6.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 24.1% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | ₱16.250 |
| Payout ratio | 18% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GSMI has been paying a dividend for less than 10 years.
Growing Dividend: GSMI's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| Ginebra San Miguel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GSMI) | 6.5% |
| Market Bottom 25% (PH) | 1.9% |
| Market Top 25% (PH) | 6.6% |
| Industry Average (Beverage) | 2.9% |
| Analyst forecast (GSMI) (up to 3 years) | n/a |
Notable Dividend: GSMI's dividend (6.47%) is higher than the bottom 25% of dividend payers in the PH market (1.89%).
High Dividend: GSMI's dividend (6.47%) is low compared to the top 25% of dividend payers in the PH market (6.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.4%), GSMI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (64.3%), GSMI's dividend payments are covered by cash flows.