Grindrod Dividend yield report

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   ZAR per share 
 Price  13.63
 Dividend  0.20
 Earnings  -1.66
 Cash-flow  3.89
 Book value  22.72
 Equity  22.13

Grindrod is part of Industrial Transportation business, which is part of Industrials industry. Grindrod is a company from South Africa, and his stocks are publicly traded.

Grindrod paid a total dividend of 152 million ZAR last year, for a market capitalization of 10,386 millions. Dividend per share of Grindrod is 0.20 ZAR, and his stock market price 13.63 ZAR.

According to the chart below, where dividend yield is displayed, Grindrod has a dividend yield of 1.44%, lower than the amount offered by both the market average and companies from South Africa. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

Dividend yield of Grindrod

About the ability of Grindrod to maintain his current dividend of ZAR 0.20 per share, an amount that accounts for 1.44%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Grindrod payout on ernings is currently -12.05%, which is lower than the market average and companies of Industrials industry, which are 40.24% and 36.79% respectively. Both figures lead us to believe that there is confidence that Grindrodcan 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 Grindrod is ZAR 3.89 per share, which is higher than the dividend per share paid by the company of ZAR 0.20, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Grindrod, compared againt world market average, South Africa companies, Industrials industry and Industrial Transportation sector companies. You might also need to check full financial report of Grindrod.

Finally, you could compare Grindrod dividend yield with other Industrial Transportation companies or firms from South Africa.

Grindrod payout

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