Grindrod (JSE:GND) Dividend Payout Ratio : 0.44 (As of Dec. 2023)

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What is Grindrod Dividend Payout Ratio?

Grindrod's dividend payout ratio for the months ended in Dec. 2023 was 0.44.

The historical rank and industry rank for Grindrod's Dividend Payout Ratio or its related term are showing as below:

JSE:GND' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.34 Max: 0.45
Current: 0.37

During the past 13 years, the highest Dividend Payout Ratio of Grindrod was 0.45. The lowest was 0.22. And the median was 0.34.

JSE:GND's Dividend Payout Ratio is ranked better than
54.48% of 525 companies
in the Transportation industry
Industry Median: 0.4 vs JSE:GND: 0.37

As of today (2024-04-24), the Dividend Yield % of Grindrod is 5.65%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Grindrod was 6.67%. The lowest was 0.57%. And the median was 3.02%.

Grindrod's Dividends per Share for the months ended in Dec. 2023 was R0.34.

During the past 12 months, Grindrod's average Dividends Per Share Growth Rate was 51.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 58.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Grindrod was 58.60% per year. The lowest was -44.70% per year. And the median was -9.50% per year.

The growth rate is calculated with least square regression.

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

Grindrod Dividend Payout Ratio Historical Data

The historical data trend for Grindrod's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Grindrod Dividend Payout Ratio Chart

Grindrod Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.34

0.37

Grindrod Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	0.33	0.34	0.30	0.44

Competitive Comparison of Grindrod's Dividend Payout Ratio

For the Integrated Freight & Logistics subindustry, Grindrod's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Grindrod's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Grindrod's Dividend Payout Ratio falls into.

Grindrod Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Grindrod's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.566	/	1.516
	=	0.37

Grindrod's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.344	/	0.786
	=	0.44

Grindrod (JSE:GND) Dividend Payout Ratio Explanation

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.

Grindrod Dividend Payout Ratio Related Terms

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Grindrod (JSE:GND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grindrod Ltd (JSE:GND) » Definitions » Dividend Payout Ratio

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Traded in Other Exchanges

GNDP.PFD:South Africa

Address

106 Margaret Mncadi Avenue, Grindrod Mews, Durban, NL, ZAF, 4001

Website

https://www.grindrod.com

Grindrod Ltd is a logistics and financial services company with significant investments in marine fuel trading, private equity, and the property sector. The company organizes itself into three segments: logistics, ports and terminals, and bank. The logistics segment, which generates the majority of revenue, is involved in providing complete freight services, storage of containers, and clearing. The Ports and Terminals segment provides bulk handling of commodities. The bank segment provides loan finance and retail services through Grindrod Bank. The company is based in South Africa and operates in the following regions, in order of revenue share: Singapore/Asia/Australia, Middle East, South Africa, the United Kingdom/Europe, North America/Bermuda, and the rest of Africa.

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