Grand City Properties Dividend
Dividend criteria checks 4/6
Grand City Properties is a dividend paying company with a current yield of 9.06% that is well covered by earnings.
Key information
9.1%
Dividend yield
27%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -US$2.43 |
Dividend yield forecast in 3Y | 8.6% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GRDD.Y has been paying a dividend for less than 10 years.
Growing Dividend: GRDD.Y's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Grand City Properties Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GRDD.Y) | 9.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Real Estate) | 2.4% |
Analyst forecast in 3 Years (GRDD.Y) | 8.6% |
Notable Dividend: GRDD.Y's dividend (9.06%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: GRDD.Y's dividend (9.06%) is in the top 25% of dividend payers in the US market (4.85%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.9%), GRDD.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (65.3%), GRDD.Y's dividend payments are covered by cash flows.