Grindrod Dividend
Dividend criteria checks 3/6
Grindrod is a dividend paying company with a current yield of 5.94% that is well covered by earnings.
Key information
5.9%
Dividend yield
49%
Payout ratio
Industry average yield | 4.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | R1.48 |
Dividend yield forecast in 3Y | 6.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GND's dividend payments have been volatile in the past 10 years.
Growing Dividend: GND's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Grindrod Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (GND) | 5.9% |
Market Bottom 25% (ZA) | 4.1% |
Market Top 25% (ZA) | 9.6% |
Industry Average (Infrastructure) | 4.2% |
Analyst forecast in 3 Years (GND) | 6.8% |
Notable Dividend: GND's dividend (5.94%) is higher than the bottom 25% of dividend payers in the ZA market (4.1%).
High Dividend: GND's dividend (5.94%) is low compared to the top 25% of dividend payers in the ZA market (9.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.9%), GND's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (290.6%), GND's dividend payments are not well covered by cash flows.