Gränges Dividends and Buybacks
Dividend criteria checks 4/6
Gränges is a dividend paying company with a current yield of 2.53% that is well covered by earnings.
Key information
2.5%
Dividend yield
-0.07%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | -0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | SEK 3.000 |
| Payout ratio | 34% |
Recent dividend and buyback updates
Recent updates
Analyst Estimates: Here's What Brokers Think Of Gränges AB (publ) (STO:GRNG) After Its Third-Quarter Report
Oct 27
Does Gränges (STO:GRNG) Have A Healthy Balance Sheet?
Sep 26Returns On Capital At Gränges (STO:GRNG) Paint A Concerning Picture
Aug 23These 4 Measures Indicate That Gränges (STO:GRNG) Is Using Debt Extensively
May 26Gränges (STO:GRNG) Is Paying Out A Larger Dividend Than Last Year
Apr 22Gränges (STO:GRNG) Is Increasing Its Dividend To kr2.25
Apr 07Gränges (STO:GRNG) Has Some Way To Go To Become A Multi-Bagger
Mar 21Is Gränges (STO:GRNG) A Risky Investment?
Feb 19Gränges' (STO:GRNG) Returns Have Hit A Wall
Nov 09We Think Gränges (STO:GRNG) Can Stay On Top Of Its Debt
Oct 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRNG's dividend payments have been volatile in the past 10 years.
Growing Dividend: GRNG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gränges Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRNG) | 2.5% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.8% |
| Industry Average (Metals and Mining) | 4.7% |
| Analyst forecast (GRNG) (up to 3 years) | 4.2% |
Notable Dividend: GRNG's dividend (2.53%) is higher than the bottom 25% of dividend payers in the Swedish market (1.63%).
High Dividend: GRNG's dividend (2.53%) is low compared to the top 25% of dividend payers in the Swedish market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.8%), GRNG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (47.7%), GRNG's dividend payments are well covered by cash flows.