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Grendene S.A. develops, manufactures, distributes, and sells footwear for women, men, and children primarily in Brazil. The company sells its products under the Melissa, Rider, Grendha, Ipanema, Ilhabela, Zaxy, Cartago, Pega Forte, Grendene Kids, and Zizou brands. It also licenses the use of names and brands of Brazilian and international celebrities, and children's-market characters in the children's media. In addition, the company operates one Melissa showroom in Milan; a network of approximately 336 Clube Melissa franchised stores in Brazil; and four concept stores, including three Galeria Melissa stores in São Paulo, New York, and London, as well as a Casa Ipanema store in Rio de Janeiro. It sells its products through commercial representatives and distributors. The company also exports its products. Grendene S.A. was founded in 1971 and is headquartered in Sobral, Brazil.

Grendene Dividend Announcement

Grendene announced a quarterly dividend of R$0.01 per ordinary share which will be made payable on 2024-09-04. Ex dividend date: 2024-08-22
Grendene annual dividend for 2024 was R$0.10
Grendene annual dividend for 2023 was R$1.27
Grendene's trailing twelve-month (TTM) dividend yield is 2.95%
Grendene's payout ratio for the trailing twelve months (TTM) is 35.02%
Grendene's dividend growth over the last five years (2018-2023) was 22.59% year
Grendene's dividend growth over the last ten years (2013-2023) was 2.59% year

Grendene Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-22R$0.01quarterly2024-09-04
2024-05-22R$0.08quarterly2024-06-05
2023-11-22R$0.06quarterly2023-12-06
2023-08-22R$0.02quarterly2023-09-06
2023-05-23R$0.08quarterly2023-06-07
2023-05-03R$1.11quarterly2023-05-17
2022-11-04R$0.10quarterly2022-11-23
2022-08-12R$0.03quarterly2022-08-31
2022-05-10R$0.09quarterly2022-05-25
2022-05-03R$0.08quarterly2022-05-18
2021-12-17R$0.08quarterly2021-12-28
2021-11-08R$0.15quarterly2021-11-24
2021-08-06R$0.04quarterly2021-08-18
2021-05-11R$0.09quarterly2021-05-19
2021-04-23R$0.51quarterly2021-05-12
2020-11-06R$0.02quarterly2020-11-18
2020-05-06R$0.14quarterly2020-05-20
2020-04-23R$0.14quarterly
2019-11-05R$0.10quarterly2019-11-19
2019-08-09R$0.02quarterly2019-08-21
2019-05-10R$0.04quarterly2019-05-22
2019-04-24R$0.16quarterly2019-05-08
2018-11-06R$0.05quarterly2018-11-21
2018-08-07R$0.04quarterly2018-08-22
2018-05-08R$0.30quarterly2018-05-23
2018-05-04R$0.07quarterly2018-05-16
2017-11-07R$0.24quarterly2017-11-22
2017-08-04R$0.18quarterly2017-08-16
2017-05-03R$0.33quarterly2017-05-17
2017-04-13R$0.06quarterly2017-04-26
2016-10-28R$0.25quarterly
2016-08-03R$0.15quarterly
2016-05-04R$0.27quarterly
2016-04-15R$0.37quarterly
2015-10-29R$0.18quarterly
2015-07-30R$0.15quarterly
2015-04-28R$0.22quarterly
2015-04-10R$0.32quarterly
2014-10-31R$0.18quarterly
2014-08-01R$0.10quarterly
2014-04-30R$0.14quarterly
2014-04-11R$0.37quarterly
2013-11-05R$0.28quarterly
2013-08-02R$0.14quarterly
2013-05-08R$0.21quarterly
2013-04-12R$0.35quarterly

Grendene Dividend per year

Grendene Dividend growth

Grendene Dividend Yield

Grendene current trailing twelve-month (TTM) dividend yield is 2.95%. Interested in purchasing Grendene stock? Use our calculator to estimate your expected dividend yield:

Grendene Financial Ratios

P/E ratio8.54
PEG ratio0.09
P/B ratio1.31
ROE15.46%
Payout ratio35.02%
Current ratio7.74
Quick ratio6.61
Cash Ratio0.21

Grendene Dividend FAQ

How much is the next Grendene dividend?
Grendene's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Grendene dividend. The next Grendene dividend will be released in May, May, August, or November.
When is Grendene dividend paid?
Grendene pays dividends on a quarterly basis. The specific dates may vary each year but are generally around May, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Grendene pay?
The specific amount of Grendene dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Grendene's dividend history.
Does Grendene stock pay dividends?
Yes, Grendene does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Grendene's dividend history.
How much dividend does Grendene pay?
Grendene paid R$0.099 in 2024, R$1.265 in 2023, R$0.306 in 2022, R$0.865 in 2021, and R$0.312 in 2020.
How often does Grendene pay dividends?
Grendene typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around May, May, August, and November.
What is Grendene's dividend yield?
The current dividend yield for Grendene is 2.95%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Grendene's exact dividend yield.
When does Grendene go ex dividend?
Grendene's ex-dividend date for the latest dividend was on 2024-08-22. Grendene typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Grendene dividend paid?
Grendene pays dividends on a quarterly basis, typically around May, May, August, or November, but the exact dates can vary each year.
Will Grendene increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Grendene will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Grendene dividend per share?
Grendene paid R$0.099 per share in 2024 and R$1.265 per share in 2023. The amount of dividend per share that Grendene pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Grendene a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Grendene a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Grendene a dividend stock?
Yes, Grendene is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Grendene a good dividend stock?
Whether Grendene is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Grendene has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Grendene 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.
Does Grendene pay dividends monthly?
Grendene typically pays dividends on a quarterly basis.
Does Grendene pay dividends quarterly?
Grendene currently pays dividends on a quarterly basis.
Has Grendene ever paid a dividend?
Yes, Grendene has a history of paying dividends to its shareholders. Grendene is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Grendene dividend stocks?
To buy Grendene you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Grendene stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Grendene pay dividends 2024?
Grendene pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-04. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Grendene increase its dividend in 2024?
Decisions regarding Grendene dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Grendene dividend overview you can look into the above table of dividend history.
How Grendene dividend works?
The Grendene dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Grendene's dividend process works:

1. Determination of Dividend: Grendene'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, Grendene 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, Grendene 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 Grendene 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.
How are Grendene dividends paid?
Grendene dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Grendene 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, Grendene distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Grendene 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.
How many times does Grendene pay dividends?
Grendene typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Grendene pay dividends?
The general pattern is that Grendene pays dividends around May, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Grendene dividend safe?
The safety of Grendene's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Grendene'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 Grendene'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.