Grand Parade Investments Dividend
Dividend criteria checks 0/6
Grand Parade Investments is a dividend paying company with a current yield of 2.96%.
Key information
3.0%
Dividend yield
146%
Payout ratio
Industry average yield | 7.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R0.069 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GPL's dividend payments have been volatile in the past 10 years.
Growing Dividend: GPL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Grand Parade Investments Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GPL) | 3.0% |
Market Bottom 25% (ZA) | 4.0% |
Market Top 25% (ZA) | 9.2% |
Industry Average (Hospitality) | 7.4% |
Analyst forecast in 3 Years (GPL) | n/a |
Notable Dividend: GPL's dividend (2.96%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.96%).
High Dividend: GPL's dividend (2.96%) is low compared to the top 25% of dividend payers in the ZA market (9.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (145.8%), GPL's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: GPL is paying a dividend but the company has no free cash flows.