By the close of today, January 01, 2024, Greif GEF will issue a dividend payout of $0.52 per share, resulting in an annualized dividend yield of 2.96%. Only those investors who owned the stock prior to the ex-dividend date on December 15, 2023 will receive this payout.
Greif Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-12-15 | 4 | $0.52 | 2.96% | 2023-12-05 | 2023-12-18 | 2024-01-01 |
| 2023-09-14 | 4 | $0.52 | 2.87% | 2023-08-29 | 2023-09-15 | 2023-10-02 |
| 2023-06-15 | 4 | $0.5 | 3.23% | 2023-06-05 | 2023-06-19 | 2023-07-01 |
| 2023-03-16 | 4 | $0.5 | 2.84% | 2023-02-28 | 2023-03-17 | 2023-04-01 |
| 2022-12-15 | 4 | $0.5 | 2.88% | 2022-12-06 | 2022-12-16 | 2023-01-01 |
| 2022-09-15 | 4 | $0.5 | 2.92% | 2022-08-30 | 2022-09-16 | 2022-10-01 |
| 2022-06-16 | 4 | $0.46 | 2.99% | 2022-06-07 | 2022-06-17 | 2022-07-01 |
| 2022-03-16 | 4 | $0.46 | 3.2% | 2022-03-01 | 2022-03-17 | 2022-04-01 |
| 2021-12-16 | 4 | $0.46 | 2.9% | 2021-12-07 | 2021-12-17 | 2022-01-01 |
| 2021-09-16 | 4 | $0.46 | 2.94% | 2021-08-31 | 2021-09-17 | 2021-10-01 |
| 2021-06-18 | 4 | $0.44 | 2.96% | 2021-06-08 | 2021-06-21 | 2021-07-01 |
| 2021-03-18 | 4 | $0.44 | 3.72% | 2021-02-23 | 2021-03-19 | 2021-04-01 |
In terms of dividend yield, Greif finds itself in the middle ground among its industry peers, while Greif GEF takes the lead with the highest annualized dividend yield at 4.59%.
Analyzing Greif Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $1.76 to $2.04, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For Greif
The earnings chart above shows that from 2020 to 2023, Greif has experienced an increase in their earnings from $3.22 per share to $6.14 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article delves into the recent dividend payout of Greif and its implications for shareholders. Presently, the company is distributing a dividend of $0.52 per share, leading to an annualized dividend yield of 2.96%.
In terms of dividend yield, Greif finds itself in the middle ground among its industry peers, while Greif takes the lead with the highest annualized dividend yield at 4.59%.
Considering the increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, Greif appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Greif's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
