Gudang Garam paid a total dividend of 5,001,784 million IDR last year, for a market capitalization of 118,807,000 millions.
Dividend per share of Gudang Garam is 2,599.68 IDR, and his stock market price 61,750.00 IDR.
According to the chart, where dividend yield is displayed, Gudang Garam has a dividend yield of 4.21%, which is higher than the amount offered by both the market average and companies from Indonesia. It is also bigger than average of Consumer Goods industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
About the ability of Gudang Garam to maintain his current dividend of IDR 2599.68 per share, an amount that accounts for 4.21%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Gudang Garam payout on ernings is currently 77.89%, which is higher than the market average, and companies of Consumer Goods industry, which are 40.24% and 37.56% respectively. Both figures show that Gudang Garam can have problems to keep with his present dividend yield.
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 Gudang Garam is IDR 1,664.42 per share, which is lower than the dividend per share paid by the company of IDR 2,599.68, so the company does not generate enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Gudang Garam, compared againt world market average, Indonesia companies, Consumer Goods industry and Tobacco sector companies. You might also need to check full financial report of Gudang Garam.
Gulf International S. Qatar. Oil and Gas.GungHo Online Entert. Japan. Consumer Goods.Gunma Bank. Japan. Financials.Guotai Junan Interna. Hong-Kong. Financials.H. Lundbeck. Denmark. Health Care.H.I.S.. Japan. Consumer Services.
Guangzhou R&F Prpt H. China. Financials.Guangzhou Baiyunsha. China. Health Care.Guangzhou Automobile. China. Consumer Goods.Guangshen Railw Co H. China. Consumer Services.Guangdong Inv RC. China. Utilities.Guangdng Elc Pw Dv B. China. Utilities.
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