Grindrod Shipping Holdings Stock

Grindrod Shipping Holdings Dividend 2024

Grindrod Shipping Holdings Dividend

3.36 USD

Grindrod Shipping Holdings Dividend yield

23.72 %

Ticker

GRIN

ISIN

SG9999019087

WKN

A2JN4N

How much dividend does Grindrod Shipping Holdings 2024 pay?

According to the latest status from August 2024, Grindrod Shipping Holdings paid a total of 3.36 USD per share in dividends within the last 12 months. With the current Grindrod Shipping Holdings price of 14.15 USD, this corresponds to a dividend yield of 23.72 %. A dividend is paid times per year.

23.72 % Dividend Yield=
3.36 USD Dividend
14.15 USD Stock Price

Historical Grindrod Shipping Holdings Dividends

A dividend is paid times per year. Last year, the payout months were April, July and November.

PaydateDividend
11/19/20231.65
7/8/20230.03
4/9/20230.03
12/30/20225
10/8/20220.84
7/9/20220.47
4/10/20220.72
1/2/20220.72
1

Grindrod Shipping Holdings dividend history and estimates

In 2023, Grindrod Shipping Holdings paid a dividend amounting to 3.36 USD. Dividend means that Grindrod Shipping Holdings distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for Grindrod Shipping Holdings provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Grindrod Shipping Holdings’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Grindrod Shipping Holdings's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Grindrod Shipping Holdings Dividend History

DateGrindrod Shipping Holdings Dividend
2025e3.48 undefined
2024e3.71 undefined
20233.36 undefined
20227.03 undefined
20210.72 undefined

Is the Grindrod Shipping Holdings Dividend Safe?

Grindrod Shipping Holdings has been increasing the dividend for 2 years.

Over the past 9 years, Grindrod Shipping Holdings has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Increase of 5.204% for the current fiscal year.

Grindrod Shipping Holdings dividend payout ratio

In 2023, Grindrod Shipping Holdings had a payout ratio of 70.32%. The payout ratio indicates the percentage of the company's profits that Grindrod Shipping Holdings distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Grindrod Shipping Holdings represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Grindrod Shipping Holdings could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Grindrod Shipping Holdings's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Grindrod Shipping Holdings Payout Ratio History

DateGrindrod Shipping Holdings Payout ratio
2025e89.72 %
2024e70.32 %
202370.32 %
2022128.52 %
202112.12 %
202070.32 %
201970.32 %
201870.32 %
201770.32 %
201670.32 %
201570.32 %

Dividend Details

Understanding Grindrod Shipping Holdings's Dividend Distributions

Grindrod Shipping Holdings’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Grindrod Shipping Holdings's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Grindrod Shipping Holdings's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Grindrod Shipping Holdings’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Grindrod Shipping Holdings Aktienanalyse

What does Grindrod Shipping Holdings do?

Grindrod Shipping Holdings Ltd is an international shipping company that offers freight transportation and logistics services. The company was founded in South Africa in 1903 and is based in Singapore. Grindrod Shipping Holdings Ltd was established in 2018 when Grindrod Limited spun off its shipping activities as an independent company. The business model of Grindrod Shipping Holdings Ltd includes various areas of the shipping industry, including ship ownership, ship operation, aggregate business, and ship agency services. In ship ownership and operation, the group has a fleet of over 40 modern and versatile ships that specialize mainly in the trade of coal, iron ore, and other dry cargoes. The company owns different types of vessels, including tankers, bulk carriers, container ships, and RoRo ships. The ships are used for trading worldwide, especially in Africa, Europe, North America, and the Asia-Pacific region. Grindrod Shipping Holdings Ltd also offers aggregate business, including bunker supplies for ships, ship handling activities, and warehousing. The company is able to deliver large quantities of bunker fuels and other ship operating supplies, and provides its customers with logistics and storage services for various types of goods. Another area of the company's business activities is ship agency. Grindrod Shipping Holdings Ltd offers comprehensive ship agency services to its customers worldwide, including ship clearance and handling, cargo inspection and control, customs clearance and monitoring, storage, and documentation. The company is able to provide its customers with seamless and efficient handling of ship and cargo activities. Grindrod Shipping Holdings Ltd is a significant player in the global shipping market. The company has a strong presence in Africa and has years of experience and expertise in the shipping and logistics industry. With its versatile fleet and wide range of offerings, the company is able to meet the diverse needs of its customers and make a valuable contribution to the global economy. In summary, Grindrod Shipping Holdings Ltd is a global shipping company that covers various areas of the shipping and logistics industry. With its fleet of modern ships and extensive range of services, the company offers valuable solutions to its customers worldwide and contributes to the development of the global economy. Grindrod Shipping Holdings is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Grindrod Shipping Holdings stock

How much dividend does Grindrod Shipping Holdings pay?

Over the past 12 months, Grindrod Shipping Holdings paid a dividend of 3.36 USD . This corresponds to a dividend yield of about 23.72 %. For the coming 12 months, Grindrod Shipping Holdings is expected to pay a dividend of 3.48 USD.

What is the dividend yield of Grindrod Shipping Holdings?

The current dividend yield of Grindrod Shipping Holdings is 23.72 %.

When does Grindrod Shipping Holdings pay dividends?

Grindrod Shipping Holdings pays a quarterly dividend. This is distributed in the months of December, April, July, November.

How secure is the dividend of Grindrod Shipping Holdings?

Grindrod Shipping Holdings paid dividends every year for the past 5 years.

What is the dividend of Grindrod Shipping Holdings?

For the upcoming 12 months, dividends amounting to 3.48 USD are expected. This corresponds to a dividend yield of 24.59 %.

In which sector is Grindrod Shipping Holdings located?

Grindrod Shipping Holdings is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Grindrod Shipping Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Grindrod Shipping Holdings from 12/11/2023 amounting to 1.648 USD, you needed to have the stock in your portfolio before the ex-date on 10/19/2023.

When did Grindrod Shipping Holdings pay the last dividend?

The last dividend was paid out on 12/11/2023.

What was the dividend of Grindrod Shipping Holdings in the year 2023?

In the year 2023, Grindrod Shipping Holdings distributed 7.03 USD as dividends.

In which currency does Grindrod Shipping Holdings pay out the dividend?

The dividends of Grindrod Shipping Holdings are distributed in USD.

Andere Kennzahlen von Grindrod Shipping Holdings

Our stock analysis for Grindrod Shipping Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Grindrod Shipping Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.