Glanbia paid a total dividend of 38 million EUR last year, for a market capitalization of 4,632 millions.
Dividend per share of Glanbia is 0.13 EUR, and his stock market price 15.65 EUR.
According to the chart, where dividend yield is displayed, Glanbia has a dividend yield of 0.80%, lower than the amount offered by both the market average and companies from Ireland. It is also lower than average of Consumer Goods industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
About the ability of Glanbia to maintain his current dividend of EUR 0.13 per share, an amount that accounts for 0.80%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Glanbia payout on ernings is currently 18.06%, which is lower than the market average and companies of Consumer Goods industry, which are 40.24% and 37.56% respectively. Both figures lead us to believe that there is confidence that Glanbiacan 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 Glanbia is EUR 0.98 per share, which is higher than the dividend per share paid by the company of EUR 0.13, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Glanbia, compared againt world market average, Ireland companies, Consumer Goods industry and Food Producers sector companies. You might also need to check full financial report of Glanbia.
GlaxoSmithKline. UK. Health Care.GlaxoSmithKline Phar. India. Health Care.GlaxoSmithKlinensume. India. Consumer Goods.Glencore. UK. Basic Materials.Glenmark Pharmaceuti. India. Health Care.Global Brands Group. Hong-Kong. Consumer Goods.
GKN. UK. Consumer Goods.Gjensidige Forsikrin. Norway. Financials.Givaudan N. Switzerland. Basic Materials.Gilead Sciences. USA. Health Care.Giant Manufacturing. Taiwan. Consumer Goods.GF Securities (H). China. Financials.
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