GP Industries (SGX:G20) Is Due To Pay A Dividend Of SGD0.01

Simply Wall St.08-01

GP Industries Limited (SGX:G20) has announced that it will pay a dividend of SGD0.01 per share on the 22nd of August. This means the annual payment is 3.9% of the current stock price, which is above ...

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This means the annual payment is 3.9% of the current stock price, which is above ...</p>\n\n<a href=\"https://finance.yahoo.com/news/gp-industries-sgx-g20-due-224122259.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_sg","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GP Industries (SGX:G20) Is Due To Pay A Dividend Of SGD0.01</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGP Industries (SGX:G20) Is Due To Pay A Dividend Of SGD0.01\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-01 06:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/gp-industries-sgx-g20-due-224122259.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GP Industries Limited (SGX:G20) has announced that it will pay a dividend of SGD0.01 per share on the 22nd of August. This means the annual payment is 3.9% of the current stock price, which is above ...</p>\n\n<a href=\"https://finance.yahoo.com/news/gp-industries-sgx-g20-due-224122259.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GP","symbol_name":"GreenPower Motor Company Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/gp-industries-sgx-g20-due-224122259.html","article_id":"2456919002","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Nfz5wAhClXK3VMdDWSwWPw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/8e5b7feff946a5236949391477b36a92"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/gp-industries-sgx-g20-due-224122259.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2456919002","pubTimestamp":1722465682,"sourceInfo":{"source_id":"yahoofinance_sg","name":"Yahoo Finance"},"weMediaInfo":null,"summary":"GP Industries Limited  has announced that it will pay a dividend of SGD0.01 per share on the 22nd of August. This means the annual payment is 3.9% of the current stock price, which is above the average for the industry.GP Industries' Distributions May Be Difficult To Sustain. A big dividend yield for a few years doesn't mean much if it can't be sustained. GP Industries isn't generating any profits, and it is paying out a very high proportion of the cash it is earning. This is quite a strong warning sign that the dividend may not be sustainable.Over the next year, EPS might fall by 23.2% based on recent performance. This means the company will be unprofitable and managers could face the tough choice between continuing to pay the dividend or taking pressure off the balance sheet.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GP":"GreenPower Motor Company Inc.","BK4149":"建筑机械与重型卡车","G20.SI":"GP工业有限公司","BK6023":"电气部件与设备","BK6504":"工业制品概念"},"translate_title":"GP Industries(SGX：G20)将支付0.01新加坡元的股息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GP":1,"G20.SI":0.9},"content_text":"GP Industries Limited (SGX:G20) has announced that it will pay a dividend of SGD0.01 per share on the 22nd of August. This means the annual payment is 3.9% of the current stock price, which is above the average for the industry. \n View our latest analysis for GP Industries \nGP Industries' Distributions May Be Difficult To Sustain\n A big dividend yield for a few years doesn't mean much if it can't be sustained. GP Industries isn't generating any profits, and it is paying out a very high proportion of the cash it is earning. This is quite a strong warning sign that the dividend may not be sustainable. \n Over the next year, EPS might fall by 23.2% based on recent performance. This means the company will be unprofitable and managers could face the tough choice between continuing to pay the dividend or taking pressure off the balance sheet. \n\n\n\n  SGX:G20 Historic Dividend July 31st 2024\n \n\nDividend Volatility\n While the company has been paying a dividend for a long time, it has cut the dividend at least once in the last 10 years. Since 2014, the dividend has gone from SGD0.032 total annually to SGD0.02. The dividend has shrunk at around 4.6% a year during that period. A company that decreases its dividend over time generally isn't what we are looking for. \nDividend Growth Potential Is Shaky\n With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. Over the past five years, it looks as though GP Industries' EPS has declined at around 23% a year. A sharp decline in earnings per share is not great from from a dividend perspective. Even conservative payout ratios can come under pressure if earnings fall far enough. \nGP Industries' Dividend Doesn't Look Great\n To sum up, we don't like when dividends are cut, but in this case the dividend may have been too high to begin with. The company isn't making enough to be paying as much as it is, and the other factors don't look particularly promising either. Considering all of these factors, we wouldn't rely on this dividend if we wanted to live on the income. \n It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. However, there are other things to consider for investors when analysing stock performance. As an example, we've identified 3 warning signs for GP Industries that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. 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