Golden Agri-Resources is a dividend paying company with a current yield of 2.23% that is well covered by earnings. Next payment date is on 31st May, 2024 with an ex-dividend date of 7th May, 2024.
Key information
2.2%
Dividend yield
30%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
31 May 24
Ex dividend date
07 May 24
Dividend per share
n/a
Earnings per share
US$0.016
Dividend yield forecast in 3Y
4.7%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GARP.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: GARP.Y's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Golden Agri-Resources Dividend Yield vs Market
How does GARP.Y dividend yield compare to the market?
Segment
Dividend Yield
Company (GARP.Y)
2.2%
Market Bottom 25% (US)
1.6%
Market Top 25% (US)
4.8%
Industry Average (Food)
3.1%
Analyst forecast in 3 Years (GARP.Y)
4.7%
Notable Dividend: GARP.Y's dividend (2.23%) is higher than the bottom 25% of dividend payers in the US market (1.56%).
High Dividend: GARP.Y's dividend (2.23%) is low compared to the top 25% of dividend payers in the US market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (29.8%), GARP.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.4%), GARP.Y's dividend payments are well covered by cash flows.