Gram Car Carriers ASA (OSTO:GCCO) Dividend Payout Ratio : 1.12 (As of Mar. 2024)

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What is Gram Car Carriers ASA Dividend Payout Ratio?

Gram Car Carriers ASA's dividend payout ratio for the months ended in Mar. 2024 was 1.12.

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

OSTO:GCCo' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.3 Med: 0.42 Max: 0.64
Current: 0.64

During the past 3 years, the highest Dividend Payout Ratio of Gram Car Carriers ASA was 0.64. The lowest was 0.30. And the median was 0.42.

OSTO:GCCo's Dividend Payout Ratio is ranked worse than
71.19% of 531 companies
in the Transportation industry
Industry Median: 0.4 vs OSTO:GCCo: 0.64

As of today (2024-05-26), the Dividend Yield % of Gram Car Carriers ASA is 12.17%.

During the past 3 years, the highest Trailing Annual Dividend Yield of Gram Car Carriers ASA was 12.17%. The lowest was 0.24%. And the median was 2.93%.

Gram Car Carriers ASA's Dividends per Share for the months ended in Mar. 2024 was kr10.34.

During the past 12 months, Gram Car Carriers ASA's average Dividends Per Share Growth Rate was 473.00% per year.

The growth rate is calculated with least square regression.

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

Gram Car Carriers ASA Dividend Payout Ratio Historical Data

The historical data trend for Gram Car Carriers ASA'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.

Gram Car Carriers ASA Dividend Payout Ratio Chart

Gram Car Carriers ASA Annual Data

Trend

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.54

Gram Car Carriers ASA Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial								0.39	0.36	0.56	0.50	1.12

Competitive Comparison of Gram Car Carriers ASA's Dividend Payout Ratio

For the Marine Shipping subindustry, Gram Car Carriers ASA'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.

Gram Car Carriers ASA's Dividend Payout Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Gram Car Carriers ASA's Dividend Payout Ratio falls into.

Gram Car Carriers ASA Dividend Payout Ratio Calculation

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

Gram Car Carriers ASA'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 )
	=	15.71	/	28.893
	=	0.54

Gram Car Carriers ASA's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	10.344	/	9.245
	=	1.12

Gram Car Carriers ASA (OSTO:GCCo) 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.

Gram Car Carriers ASA Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Gram Car Carriers ASA's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Gram Car Carriers ASA (OSTO:GCCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gram Car Carriers ASA (OSTO:GCCo) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

GCC:Norway G39:Germany

Address

Bryggegata 9 (Aker Brygge), Oslo, NOR, 0250

Website

https://www.gramcar.com

Gram Car Carriers ASA is a tonnage provider with a fleet of distribution vessels, mid-size vessels, and Panamax vessels. Geographically company has a presence in Europe, Asia, and others. The majority of the revenue is derived from Asia.

Gram Car Carriers ASA (OSTO:GCCO) Headlines

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