As of today (2024-12-14), the Forward Annual Dividend Yield of Grenke AG is 2.99%.
As of today (2024-12-14), the Trailing Annual Dividend Yield of Grenke AG is 2.99%.
XTER:GLJ's Forward Dividend Yield % is ranked worse than 57.64% of 203
companies
in the Credit Services industry
Industry Median: 3.33
vs XTER:GLJ: 2.99
During the past 12 months, Grenke AG's average Dividends Per Share Growth Rate was 4.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -17.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -12.50% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 4.20% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Grenke AG was 24.00% per year. The lowest was -28.10% per year. And the median was 10.60% 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 Grenke AG's Forward Dividend Yield %
For the Credit Services subindustry, Grenke AG'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.
Grenke AG's Forward Dividend Yield % Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Grenke AG's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Grenke AG's Forward Dividend Yield % falls into.
Grenke AG Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Grenke AG Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
EUR 0.470000
2024-05-02
2024-05-03
2024-05-06
Cash Dividend
annually
EUR:EUR 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Grenke AG's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.47
/
15.72
=
2.99 %
Current Share Price is €15.72. Grenke AG's Dividends per Share for the forward twelve months is calculated as €0.47 * 1 = €0.47.
Grenke AG's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.47
/
15.72
=
2.99 %
Current Share Price is €15.72. Grenke AG's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.47.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Grenke AG (XTER:GLJ) 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.
Thank you for viewing the detailed overview of Grenke AG's Forward Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.
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