This company has been acquired
Gram Car Carriers Dividends and Buybacks
Dividend criteria checks 4/6
Gram Car Carriers is a dividend paying company with a current yield of 16.34% that is well covered by earnings.
Key information
16.3%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 17.0% |
| Future Dividend Yield | 10.7% |
| Dividend Growth | 97.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$3.916 |
| Payout ratio | 76% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, GCCR.F has been paying a dividend for less than 10 years.
Growing Dividend: GCCR.F's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Gram Car Carriers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GCCR.F) | 16.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Shipping) | 10.3% |
| Analyst forecast (GCCR.F) (up to 3 years) | 10.7% |
Notable Dividend: GCCR.F's dividend (16.34%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: GCCR.F's dividend (16.34%) is in the top 25% of dividend payers in the US market (4.61%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.9%), GCCR.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (68.9%), GCCR.F's dividend payments are covered by cash flows.