Grindrod Dividend

What is Grindrod current dividend yield, its reliability and sustainability?

[object Object] Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


10.40%

Current Dividend Yield

Upcoming Dividend Payment

TodayDec 02 2022Ex Dividend DateDec 13 2022Dividend Pay DateDec 19 20226 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Grindrod Dividend Yield vs Market
How does GND dividend yield compare to the market?
SegmentDividend Yield
Company (GND)10.4%
Market Bottom 25% (ZA)3.8%
Market Top 25% (ZA)8.8%
Industry Average (Infrastructure)5.0%
Analyst forecast in 3 Years (GND)n/a

Notable Dividend: GND's dividend (10.4%) is higher than the bottom 25% of dividend payers in the ZA market (3.85%).

High Dividend: GND's dividend (10.4%) is in the top 25% of dividend payers in the ZA market (8.8%)


Stability and Growth of Payments

How stable has Grindrod's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/2/20221.1210.4
11/23/20221.129.98
8/29/20220.343.42
3/4/20220.22.6
8/27/2021-0
4/29/2021-0
3/4/2021-0
8/27/2020-0
3/4/20200.195.57
8/23/20190.12.1
4/15/20190.152.27
3/6/20190.151.89
8/23/2017-0
3/31/2017-0
3/2/2017-0
8/25/2016-0
3/3/20160.21.67
4/8/20150.342.56
2/25/20150.341.88
8/21/20140.311.42
2/27/20140.371.41
9/2/20130.351.37
2/27/20130.331.58
8/22/20120.291.89
4/20/20120.241.72
2/29/20120.241.58

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.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.3%), GND's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (141.1%), GND's dividend payments are not well covered by cash flows.


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