GRIN (Grindrod Shipping Holdings) Forward Dividend Yield % : 0.00% (As of Sep. 20, 2024)

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What is Grindrod Shipping Holdings Forward Dividend Yield %?

As of today (2024-09-20), the Forward Annual Dividend Yield of Grindrod Shipping Holdings is 0.00%.

As of today (2024-09-20), the Trailing Annual Dividend Yield of Grindrod Shipping Holdings is 0.00%.

GRIN's Forward Dividend Yield % is not ranked ^*
in the Transportation industry.
Industry Median: 3.16
* Ranked among companies with meaningful Forward Dividend Yield % only.

Grindrod Shipping Holdings's Dividends per Share for the three months ended in Dec. 2023 was $0.00.

During the past 12 months, Grindrod Shipping Holdings's average Dividends Per Share Growth Rate was -97.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Grindrod Shipping Holdings's Forward Dividend Yield %

For the Marine Shipping subindustry, Grindrod Shipping Holdings's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Grindrod Shipping Holdings's Forward Dividend Yield % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grindrod Shipping Holdings's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Grindrod Shipping Holdings's Forward Dividend Yield % falls into.

Grindrod Shipping Holdings Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Grindrod Shipping Holdings (NAS:GRIN) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.

Grindrod Shipping Holdings Forward Dividend Yield % Related Terms

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Grindrod Shipping Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grindrod Shipping Holdings Ltd (NAS:GRIN) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

GSH:South Africa 1RZ:Germany

Address

200 Cantonment Road, No. 03-01 Southpoint, Singapore, SGP, 089763

Website

https://www.grinshipping.com

Grindrod Shipping Holdings Ltd owns charters in and operates a fleet of drybulk carriers and one tanker. The drybulk carrier's business is further divided into handysize, and supramax. It generates its revenue from Vessels which comprise charter hire of ships and freight revenue.

Executives

Industrial Partnership Investments Proprietary Ltd

10 percent owner

P O BOX 456, STELLENBOSCH T3 7599