Grindrod Dividends and Buybacks
Dividend criteria checks 3/6
Grindrod is a dividend paying company with a current yield of 5.61% that is well covered by earnings.
Key information
5.6%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 5.6% |
| Future Dividend Yield | 5.2% |
| Dividend Growth | 16.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | R0.760 |
| Payout ratio | 40% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GND) | 5.6% |
| Market Bottom 25% (ZA) | 3.2% |
| Market Top 25% (ZA) | 8.0% |
| Industry Average (Infrastructure) | 2.9% |
| Analyst forecast (GND) (up to 3 years) | 5.2% |
Notable Dividend: GND's dividend (5.61%) is higher than the bottom 25% of dividend payers in the ZA market (3.25%).
High Dividend: GND's dividend (5.61%) is low compared to the top 25% of dividend payers in the ZA market (8.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.5%), GND's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (180.1%), GND's dividend payments are not well covered by cash flows.