Grand Banks Yachts Dividends and Buybacks
Dividend criteria checks 3/6
Grand Banks Yachts is a dividend paying company with a current yield of 3.33% that is well covered by earnings.
Key information
3.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 27.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | S$0.020 |
| Payout ratio | 13% |
Recent dividend and buyback updates
Recent updates
We Think Some Shareholders May Hesitate To Increase Grand Banks Yachts Limited's (SGX:G50) CEO Compensation
Oct 17
Grand Banks Yachts' (SGX:G50) Promising Earnings May Rest On Soft Foundations
Oct 14Investors Still Aren't Entirely Convinced By Grand Banks Yachts Limited's (SGX:G50) Earnings Despite 26% Price Jump
Sep 05Here's Why Grand Banks Yachts (SGX:G50) Has Caught The Eye Of Investors
Aug 29A Piece Of The Puzzle Missing From Grand Banks Yachts Limited's (SGX:G50) Share Price
May 30Grand 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 29
Do 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) | 3.3% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 6.0% |
| Industry Average (Machinery) | 2.8% |
| Analyst forecast (G50) (up to 3 years) | n/a |
Notable Dividend: G50's dividend (3.33%) is higher than the bottom 25% of dividend payers in the SG market (2.71%).
High Dividend: G50's dividend (3.33%) is low compared to the top 25% of dividend payers in the SG market (5.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13%), G50's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (87.2%), G50's dividend payments are covered by cash flows.