Global Industrial Dividend
Dividend criteria checks 3/6
Global Industrial is a dividend paying company with a current yield of 2.88% that is well covered by earnings. Next payment date is on 20th May, 2024 with an ex-dividend date of 10th May, 2024.
Key information
2.9%
Dividend yield
46%
Payout ratio
| Industry average yield | 1.6% |
| Next dividend pay date | 20 May 24 |
| Ex dividend date | 10 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.84 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Global Industrial (NYSE:GIC) Will Pay A Larger Dividend Than Last Year At US$0.18
May 07
Global Industrial (NYSE:GIC) Has Announced That It Will Be Increasing Its Dividend To US$0.18
Feb 19Recent updates
What Is Global Industrial Company's (NYSE:GIC) Share Price Doing?
Apr 08Global Industrial Company Raises Dividend But Faces Short-Term Margin Pressure
Apr 04Global Industrial Company (NYSE:GIC) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 03Returns On Capital Are A Standout For Global Industrial (NYSE:GIC)
Feb 23Global Industrial Company Lacks Momentum But Rides On Acquisition Benefits
Jan 09Some Shareholders Feeling Restless Over Global Industrial Company's (NYSE:GIC) P/E Ratio
Jan 06Is Now An Opportune Moment To Examine Global Industrial Company (NYSE:GIC)?
Dec 15Global Industrial Company: Expecting More Momentum From Upcoming Q3 Earnings Numbers
Oct 26Is Global Industrial (NYSE:GIC) A Risky Investment?
Sep 29What Is Global Industrial Company's (NYSE:GIC) Share Price Doing?
Sep 01Global Industrial Company: Stepping Back A Bit
Aug 07Investors Shouldn't Overlook Global Industrial's (NYSE:GIC) Impressive Returns On Capital
Jul 27An Intrinsic Calculation For Global Industrial Company (NYSE:GIC) Suggests It's 50% Undervalued
May 04Is There Now An Opportunity In Global Industrial Company (NYSE:GIC)?
Feb 16Is Global Industrial (NYSE:GIC) A Risky Investment?
Feb 02Returns on Capital Paint A Bright Future For Global Industrial (NYSE:GIC)
Jan 11Are Investors Undervaluing Global Industrial Company (NYSE:GIC) By 49%?
Dec 17Here's Why We Think Global Industrial (NYSE:GIC) Might Deserve Your Attention Today
Nov 18Global Industrial declares $0.18 dividend
Nov 09Global Industrial GAAP EPS of $0.53 misses by $0.06, revenue of $298.5M misses by $17.62M
Nov 01Is Global Industrial (NYSE:GIC) Using Too Much Debt?
Oct 13Global Industrial (NYSE:GIC) Is Investing Its Capital With Increasing Efficiency
Sep 30Global Industrial Company: Balancing The Cost Structure Will Be The Key
Sep 18Should You Think About Buying Global Industrial Company (NYSE:GIC) Now?
Aug 29Global Industrial goes ex dividend tomorrow
Aug 11We Ran A Stock Scan For Earnings Growth And Global Industrial (NYSE:GIC) Passed With Ease
Jul 31Global Industrial (NYSE:GIC) Could Easily Take On More Debt
Jul 14Global Industrial Company: A Solid Business At A Fair Price
Jul 08Global Industrial Company's (NYSE:GIC) Intrinsic Value Is Potentially 75% Above Its Share Price
Jun 24Global Industrial (NYSE:GIC) Will Pay A Larger Dividend Than Last Year At US$0.18
May 07Global Industrial Company: Steady Operation And Dividend Hike Despite Cash Flow Problem
Apr 18Does Global Industrial (NYSE:GIC) Have A Healthy Balance Sheet?
Apr 06Global Industrial Company's (NYSE:GIC) Intrinsic Value Is Potentially 56% Above Its Share Price
Mar 16Is Now The Time To Look At Buying Global Industrial Company (NYSE:GIC)?
Mar 04Global Industrial (NYSE:GIC) Has Announced That It Will Be Increasing Its Dividend To US$0.18
Feb 19Investors Shouldn't Overlook Global Industrial's (NYSE:GIC) Impressive Returns On Capital
Feb 07Global Industrial Company's (NYSE:GIC) Intrinsic Value Is Potentially 30% Above Its Share Price
Nov 29Investors Shouldn't Overlook Global Industrial's (NYSE:GIC) Impressive Returns On Capital
Oct 13Returns On Capital Are A Standout For Systemax (NYSE:SYX)
Jun 08Calculating The Fair Value Of Systemax Inc. (NYSE:SYX)
May 07Systemax EPS beats by $0.10, beats on revenue
May 04Is Systemax Inc. (NYSE:SYX) A Smart Choice For Dividend Investors?
Mar 15Systemax Inc. (NYSE:SYX) Will Pay A US$0.16 Dividend In Four Days
Feb 28Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GIC has been paying a dividend for less than 10 years.
Growing Dividend: GIC's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Global Industrial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GIC) | 2.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Trade Distributors) | 1.6% |
| Analyst forecast in 3 Years (GIC) | n/a |
Notable Dividend: GIC's dividend (2.88%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: GIC's dividend (2.88%) is low compared to the top 25% of dividend payers in the US market (4.69%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.2%), GIC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.6%), GIC's dividend payments are well covered by cash flows.