GrainCorp Limited operates as an agribusiness and processing company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. It operates through two segments, Agribusiness and Processing. The company handles, markets, and trades in wheat, barley, sorghum, corn, oilseeds, pulses, organics, canola, chickpeas, and specialty commodities; handles, processes, stores, and transports grains and oilseeds; refines, bleaches, deodorizes, and blends edible fats and oil products; and crushes, processes, manufactures, and distributes edible oils. It also manufactures and supplies molasses-based feed supplements and vegetable oil to enhance farm productivity in beef cattle, sheep, dairy cattle, and other domestic livestock; and crude degummed canola oils, refined bleached canola oils, and canola meal. In addition, the company provides blended and single oils, infant nutrition, bakery margarines, spreads, and shortening; crushes oilseed products are used in cooking oils, spreads and shortenings, prepared foods, meal for dairy, poultry and livestock, cosmetics and lubricants, fuels, and other industrial applications; and operates seven bulk port terminals. Further it is involved in the procurement, shipping, accreditation, and value-added supply of tallow and used cooking oil, which are used for renewable energy feedstock and industrial applications, as well as vegetable oils; and the provision of logistics services. GrainCorp Limited was founded in 1916 and is headquartered in Sydney, Australia.
GrainCorp Dividend Announcement
• GrainCorp announced a semi annually dividend of $0.16 per ordinary share which will be made payable on 2024-12-12. Ex dividend date: 2024-11-27
• GrainCorp annual dividend for 2024 was $0.31
• GrainCorp annual dividend for 2023 was $0.34
• GrainCorp's trailing twelve-month (TTM) dividend yield is 6.25%
• GrainCorp's payout ratio for the trailing twelve months (TTM) is 122.22%
GrainCorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-27 | $0.16 | semi annually | 2024-12-12 |
2024-07-03 | $0.15 | semi annually | 2024-07-18 |
2023-11-29 | $0.19 | semi annually | 2023-12-14 |
2023-07-05 | $0.15 | semi annually | 2023-07-20 |
2022-11-29 | $0.19 | semi annually | 2022-12-14 |
2022-07-06 | $0.16 | semi annually | 2022-07-21 |
2021-11-24 | $0.07 | semi annually | 2021-12-09 |
2021-07-07 | $0.06 | semi annually | 2021-07-22 |
2020-11-25 | $0.05 | semi annually | 2020-12-10 |
2018-11-28 | $0.06 | semi annually | 2018-12-13 |
2018-06-29 | $0.06 | semi annually | 2018-07-16 |
2017-11-29 | $0.12 | semi annually | 2017-12-14 |
2017-06-30 | $0.13 | semi annually | 2017-07-17 |
2016-11-29 | $0.03 | semi annually | |
2016-06-30 | $0.06 | semi annually | |
2015-11-27 | $0.02 | semi annually | |
2015-07-01 | $0.06 | semi annually | |
2014-11-28 | $0.05 | semi annually | |
2014-07-02 | $0.19 | semi annually | |
2013-11-26 | $0.18 | semi annually | |
2013-07-01 | $0.18 | semi annually | |
2012-12-06 | $0.04 | semi annually | |
2012-11-27 | $0.21 | semi annually | |
2012-07-02 | $0.15 | semi annually |
GrainCorp Dividend per year
GrainCorp Dividend growth
GrainCorp Dividend Yield
GrainCorp current trailing twelve-month (TTM) dividend yield is 6.25%. Interested in purchasing GrainCorp stock? Use our calculator to estimate your expected dividend yield:
GrainCorp Financial Ratios
GrainCorp Dividend FAQ
Other factors to consider when evaluating GrainCorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: GrainCorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, GrainCorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, GrainCorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from GrainCorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: GrainCorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, GrainCorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: GrainCorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of GrainCorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review GrainCorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.