Grieg Seafood Dividend
Dividend criteria checks 2/6
Grieg Seafood is a dividend paying company with a current yield of 2.46% that is well covered by earnings.
Key information
2.5%
Dividend yield
35%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$4.99 |
Dividend yield forecast in 3Y | 4.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRGS.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GRGS.F's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Grieg Seafood Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GRGS.F) | 2.5% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Food) | 3.1% |
Analyst forecast in 3 Years (GRGS.F) | 4.7% |
Notable Dividend: GRGS.F's dividend (2.46%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: GRGS.F's dividend (2.46%) 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 (35%), GRGS.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GRGS.F is paying a dividend but the company has no free cash flows.