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Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 32 vessels consisting of 24 owned dry bulk carriers and 7 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates one owned tanker, which carry petroleum products, such as petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include shipping companies, trading houses, mining companies, industrial manufacturing companies, and oil companies, as well as traders of grains, steel, and forestry products. The company was founded in 1910 and is based in Singapore.

Grindrod Shipping Dividend Announcement

Grindrod Shipping announced a quarterly dividend of $1.65 per ordinary share which will be made payable on 2023-12-11. Ex dividend date: 2023-10-19
Grindrod Shipping annual dividend for 2023 was $1.71
Grindrod Shipping's trailing twelve-month (TTM) dividend yield is -%
Grindrod Shipping's payout ratio for the trailing twelve months (TTM) is -10.65%

Grindrod Shipping Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-10-19$1.65quarterly2023-12-11
2023-06-08$0.03quarterly2023-06-19
2023-03-09$0.03quarterly2023-03-17
2022-11-30$5.00quarterly2022-12-05
2022-09-08$0.84quarterly2022-09-19
2022-06-09$0.47quarterly2022-06-20
2022-03-10$0.72quarterly2022-03-22
2021-12-02$0.72quarterly2021-12-13

Grindrod Shipping Dividend per year

Grindrod Shipping Dividend growth

Grindrod Shipping Dividend Yield

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

Grindrod Shipping Financial Ratios

P/E ratio-52.46
PEG ratio-0.52
P/B ratio1.14
ROE-1.96%
Payout ratio-10.65%
Current ratio1.13
Quick ratio1.01
Cash Ratio0.68

Grindrod Shipping Dividend FAQ

How much is the next Grindrod Shipping dividend?
Grindrod Shipping's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Grindrod Shipping dividend. The next Grindrod Shipping dividend will be released in March, June, September, or November.
When is Grindrod Shipping dividend paid?
Grindrod Shipping pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, 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 Grindrod Shipping pay?
The specific amount of Grindrod Shipping 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 Grindrod Shipping's dividend history.
Does Grindrod Shipping stock pay dividends?
Yes, Grindrod Shipping 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 Grindrod Shipping's dividend history.
How much dividend does Grindrod Shipping pay?
Grindrod Shipping paid $0.0 in 2024, $1.708 in 2023, $7.03 in 2022, $0.72 in 2021, and $0.0 in 2020.
How often does Grindrod Shipping pay dividends?
Grindrod Shipping 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 March, June, September, and November.
What is Grindrod Shipping's dividend yield?
The current dividend yield for Grindrod Shipping is -%. 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 Grindrod Shipping's exact dividend yield.
When does Grindrod Shipping go ex dividend?
Grindrod Shipping's ex-dividend date for the latest dividend was on 2023-10-19. Grindrod Shipping 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 Grindrod Shipping dividend paid?
Grindrod Shipping pays dividends on a quarterly basis, typically around March, June, September, or November, but the exact dates can vary each year.
Will Grindrod Shipping 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 Grindrod Shipping 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 Grindrod Shipping dividend per share?
Grindrod Shipping paid $0.0 per share in 2024 and $1.708 per share in 2023. The amount of dividend per share that Grindrod Shipping 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 Grindrod Shipping 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 Grindrod Shipping 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 Grindrod Shipping a dividend stock?
Yes, Grindrod Shipping is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Grindrod Shipping a good dividend stock?
Whether Grindrod Shipping is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Grindrod Shipping has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Grindrod Shipping 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 Grindrod Shipping pay dividends monthly?
Grindrod Shipping typically pays dividends on a quarterly basis.
Does Grindrod Shipping pay dividends quarterly?
Grindrod Shipping currently pays dividends on a quarterly basis.
Has Grindrod Shipping ever paid a dividend?
Yes, Grindrod Shipping has a history of paying dividends to its shareholders. Grindrod Shipping is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Grindrod Shipping dividend stocks?
To buy Grindrod Shipping 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 Grindrod Shipping 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 Grindrod Shipping pay dividends 2024?
Grindrod Shipping pays dividends on a quarterly basis. 2024 dividend payments are in 2023-12-11. 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 Grindrod Shipping increase its dividend in 2024?
Decisions regarding Grindrod Shipping 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 Grindrod Shipping dividend overview you can look into the above table of dividend history.
How Grindrod Shipping dividend works?
The Grindrod Shipping 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 Grindrod Shipping's dividend process works:

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

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

3. Currency: Grindrod Shipping 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 Grindrod Shipping pay dividends?
Grindrod Shipping 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 Grindrod Shipping pay dividends?
The general pattern is that Grindrod Shipping pays dividends around March, June, September, 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 Grindrod Shipping dividend safe?
The safety of Grindrod Shipping'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 Grindrod Shipping'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 Grindrod Shipping'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.