Globe Telecom Dividends and Buybacks
Dividend criteria checks 5/6
Globe Telecom is a dividend paying company with a current yield of 4.76% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 20th November, 2024.
Key information
4.8%
Dividend yield
-5.5%
Buyback Yield
| Total Shareholder Yield | -0.8% |
| Future Dividend Yield | 5.7% |
| Dividend Growth | 2.8% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | US$1.713 |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GTME.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: GTME.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Globe Telecom Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GTME.F) | 4.8% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Wireless Telecom) | 3.3% |
| Analyst forecast (GTME.F) (up to 3 years) | 5.7% |
Notable Dividend: GTME.F's dividend (4.76%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: GTME.F's dividend (4.76%) is in the top 25% of dividend payers in the US market (4.26%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.2%), GTME.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.5%), GTME.F's dividend payments are well covered by cash flows.