Gannett Co. paid a total dividend of 18 million USD last year, for a market capitalization of 1,964 millions.
Dividend per share of Gannett Co. is 0.16 USD, and his stock market price 17.08 USD.
According to the chart, where dividend yield is displayed, Gannett Co. has a dividend yield of 0.94%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Consumer Services industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
About the ability of Gannett Co. to maintain his current dividend of USD 0.16 per share, an amount that accounts for 0.94%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Gannett Co. payout on ernings is currently 8.16%, which is lower than the market average and companies of Consumer Services industry, which are 40.09% and 38.58% respectively. Both figures lead us to believe that there is confidence that Gannett Co.can maintain his current dividend.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of Gannett Co. is USD 3.00 per share, which is higher than the dividend per share paid by the company of USD 0.16, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Gannett Co., compared againt world market average, USA companies, Consumer Services industry and Media sector companies. You might also need to check full financial report of Gannett Co..
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