Globe Trade Centre Dividend
Dividend criteria checks 2/6
Globe Trade Centre is a dividend paying company with a current yield of 4.02%.
Key information
4.0%
Dividend yield
-86%
Payout ratio
Industry average yield | 7.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R0.018 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GTC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GTC has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
Globe Trade Centre Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GTC) | 4.0% |
Market Bottom 25% (ZA) | 4.0% |
Market Top 25% (ZA) | 9.3% |
Industry Average (Real Estate) | 7.9% |
Analyst forecast in 3 Years (GTC) | 4.9% |
Notable Dividend: GTC's dividend (4.02%) is higher than the bottom 25% of dividend payers in the ZA market (4.02%).
High Dividend: GTC's dividend (4.02%) is low compared to the top 25% of dividend payers in the ZA market (9.49%).
Earnings Payout to Shareholders
Earnings Coverage: GTC is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.8%), GTC's dividend payments are well covered by cash flows.