Grindrod Dividends and Buybacks
Dividend criteria checks 4/6
Grindrod is a dividend paying company with a current yield of 5.39% that is well covered by earnings.
Key information
5.4%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | 16.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.760 |
| Payout ratio | 40% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GRDL.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: GRDL.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Grindrod Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GRDL.F) | 5.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Infrastructure) | 3.2% |
| Analyst forecast (GRDL.F) (up to 3 years) | 5.0% |
Notable Dividend: GRDL.F's dividend (5.39%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: GRDL.F's dividend (5.39%) is in the top 25% of dividend payers in the US market (4.3%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.5%), GRDL.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (180.1%), GRDL.F's dividend payments are not well covered by cash flows.