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Greencoat Renewables (LSE:GRP) Dividend Yield % : 7.34% (As of May. 23, 2024)


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What is Greencoat Renewables Dividend Yield %?

As of today (2024-05-23), the Trailing Annual Dividend Yield of Greencoat Renewables is 7.34%.

Good Sign:

Greencoat Renewables PLC stock dividend yield is close to 10-year high.

The historical rank and industry rank for Greencoat Renewables's Dividend Yield % or its related term are showing as below:

LSE:GRP' s Dividend Yield % Range Over the Past 10 Years
Min: 4.77   Med: 5.43   Max: 7.64
Current: 7.34

During the past 7 years, the highest Dividend Yield of Greencoat Renewables was 7.64%. The lowest was 4.77%. And the median was 5.43%.

LSE:GRP's Dividend Yield % is ranked better than
84.03% of 238 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.21 vs LSE:GRP: 7.34

Greencoat Renewables's Dividend Payout Ratio for the six months ended in Dec. 2022 was 0.59.

During the past 7 years, the highest Dividend Payout Ratio of Greencoat Renewables was 2.77. The lowest was 0.49. And the median was 0.85.

As of today (2024-05-23), the Forward Dividend Yield % of Greencoat Renewables is 7.61%.

Greencoat Renewables's Dividends per Share for the six months ended in Dec. 2022 was €0.03.

During the past 12 months, Greencoat Renewables's average Dividends Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -1.20% per year.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Greencoat Renewables was 1.60% per year. The lowest was -4.90% per year. And the median was 1.10% per year.

The growth rate is calculated with least square regression.

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


Greencoat Renewables Dividend Yield % Historical Data

The historical data trend for Greencoat Renewables's Dividend Yield % 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.

Greencoat Renewables Dividend Yield % Chart

Greencoat Renewables Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial 5.04 5.15 5.43 5.39 6.36

Greencoat Renewables Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.16 5.43 5.14 5.39 6.36

Competitive Comparison of Greencoat Renewables's Dividend Yield %

For the Utilities - Renewable subindustry, Greencoat Renewables's Dividend Yield %, along with its competitors' market caps and 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.


Greencoat Renewables's Dividend Yield % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Greencoat Renewables's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Greencoat Renewables's Dividend Yield % falls into.



Greencoat Renewables Dividend Yield % Calculation

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

Greencoat Renewables Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
EUR 0.0168502024-05-022024-05-032024-05-24Cash DividendquarterlyEUR:EUR 1.000000
EUR 0.0160502024-02-082024-02-092024-03-01Cash DividendquarterlyEUR:EUR 1.000000
EUR 0.0160502023-11-092023-11-102023-12-01Cash DividendquarterlyEUR:EUR 1.000000
EUR 0.0160502023-08-102023-08-112023-09-01Cash DividendquarterlyEUR: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.

Greencoat Renewables's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.065/0.877
=7.41 %

Current Share Price is €0.877.
Greencoat Renewables's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.065.

Greencoat Renewables's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.0674/0.877
=7.69 %

Current Share Price is €0.877.
Greencoat Renewables's Dividends per Share for the forward twelve months is calculated as €0.01685 * 4 = €0.0674.

* 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.


Greencoat Renewables  (LSE:GRP) 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.


Greencoat Renewables Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Greencoat Renewables's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Greencoat Renewables (LSE:GRP) Business Description

Traded in Other Exchanges
Address
Riverside One, Sir John Rogerson's Quay, Dublin, IRL, 2
Greencoat Renewables PLC is a sector-focused listed renewable infrastructure company, investing in renewable electricity generation assets, with an initial focus on wind assets in Ireland. The company's focus is on the large secondary markets of continental Europe where it sees a significant opportunity to aggregate operating renewable energy generation assets. The company aims to provide investors with an annual dividend that increases progressively whilst growing the capital value of its investment portfolio in the long term through reinvestment of excess cash flow and the prudent use of portfolio leverage.

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