Ginebra San Miguel is a dividend paying company with a current yield of 6.11% that is well covered by earnings. Next payment date is on 7th June, 2024 with an ex-dividend date of 16th May, 2024.
Key information
6.1%
Dividend yield
12%
Payout ratio
Industry average yield
2.6%
Next dividend pay date
07 Jun 24
Ex dividend date
16 May 24
Dividend per share
n/a
Earnings per share
₱24.61
Dividend yield forecast in 3Y
n/a
Recent dividend updates
Recent updates
Upcoming Dividend Payment
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 5 years.
Dividend Yield vs Market
Ginebra San Miguel Dividend Yield vs Market
How does GSMI dividend yield compare to the market?
Segment
Dividend Yield
Company (GSMI)
6.1%
Market Bottom 25% (PH)
1.9%
Market Top 25% (PH)
5.9%
Industry Average (Beverage)
2.6%
Analyst forecast in 3 Years (GSMI)
n/a
Notable Dividend: GSMI's dividend (6.11%) is higher than the bottom 25% of dividend payers in the PH market (1.86%).
High Dividend: GSMI's dividend (6.11%) is in the top 25% of dividend payers in the PH market (6%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.2%), GSMI's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48.8%), GSMI's dividend payments are well covered by cash flows.