Grand Banks Yachts Dividend
Dividend criteria checks 2/6
Grand Banks Yachts is a dividend paying company with a current yield of 2.7% that is well covered by earnings.
Key information
2.7%
Dividend yield
21%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | S$0.073 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Grand Banks Yachts' (SGX:G50) Earnings Are Of Questionable Quality
Feb 22Here's Why Grand Banks Yachts (SGX:G50) Can Manage Its Debt Responsibly
Feb 15Grand Banks Yachts (SGX:G50) Has A Pretty Healthy Balance Sheet
Feb 20We Believe That Grand Banks Yachts' (SGX:G50) Weak Earnings Are A Good Indicator Of Underlying Profitability
Sep 05Does Grand Banks Yachts (SGX:G50) Have A Healthy Balance Sheet?
Jun 10Grand Banks Yachts (SGX:G50) Seems To Use Debt Quite Sensibly
Dec 29Do Its Financials Have Any Role To Play In Driving Grand Banks Yachts Limited's (SGX:G50) Stock Up Recently?
Dec 08Stability and Growth of Payments
Fetching dividends data
Stable Dividend: G50 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: G50's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
Grand Banks Yachts Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (G50) | 2.7% |
Market Bottom 25% (SG) | 2.7% |
Market Top 25% (SG) | 6.3% |
Industry Average (Machinery) | 3.3% |
Analyst forecast in 3 Years (G50) | n/a |
Notable Dividend: G50's dividend (2.7%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.74%).
High Dividend: G50's dividend (2.7%) is low compared to the top 25% of dividend payers in the SG market (6.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.7%), G50's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.6%), G50's dividend payments are well covered by cash flows.