George Weston Dividend
Dividend criteria checks 5/6
George Weston is a dividend paying company with a current yield of 1.62% that is well covered by earnings. Next payment date is on 1st April, 2024 with an ex-dividend date of 14th March, 2024.
Key information
1.6%
Dividend yield
26%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | 01 Apr 24 |
Ex dividend date | 14 Mar 24 |
Dividend per share | CA$2.078 |
Earnings per share | CA$11.14 |
Dividend yield forecast | 1.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WNGP.F's dividends per share have been stable in the past 10 years.
Growing Dividend: WNGP.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
George Weston Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (WNGP.F) | 1.6% |
Market Bottom 25% (US) | 1.4% |
Market Top 25% (US) | 4.3% |
Industry Average (Consumer Retailing) | 1.2% |
Analyst forecast (WNGP.F) (up to 3 years) | 1.9% |
Notable Dividend: WNGP.F's dividend (1.62%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: WNGP.F's dividend (1.62%) is low compared to the top 25% of dividend payers in the US market (4.74%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.7%), WNGP.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (10.9%), WNGP.F's dividend payments are thoroughly covered by cash flows.