Green Plains Partners: Adapting to Change and Addressing Investor Concerns
On August 11, 2023, Green Plains Partners (NASDAQ:GPP) will distribute a dividend payout of $0.46 per share, equating to an annualized dividend yield of 13.11%. Shareholders who owned the stock before the ex-dividend date on August 03, 2023 will receive this payout.
Green Plains Partners Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-08-03 | 4 | $0.46 | 13.11% | 2023-07-20 | 2023-08-04 | 2023-08-11 |
| 2023-05-04 | 4 | $0.46 | 14.05% | 2023-04-20 | 2023-05-05 | 2023-05-12 |
| 2023-02-02 | 4 | $0.46 | 13.75% | 2023-01-19 | 2023-02-03 | 2023-02-10 |
| 2022-11-03 | 4 | $0.46 | 14.39% | 2022-10-20 | 2022-11-04 | 2022-11-14 |
| 2022-08-04 | 4 | $0.45 | 14.11% | 2022-07-21 | 2022-08-05 | 2022-08-12 |
| 2022-05-05 | 4 | $0.45 | 12.47% | 2022-04-21 | 2022-05-06 | 2022-05-13 |
| 2022-02-03 | 4 | $0.44 | 11.91% | 2022-01-20 | 2022-02-04 | 2022-02-11 |
| 2021-11-04 | 4 | $0.43 | 12.34% | 2021-10-19 | 2021-11-05 | 2021-11-12 |
| 2021-08-05 | 4 | $0.12 | 3.65% | 2021-07-22 | 2021-08-06 | 2021-08-13 |
| 2021-05-06 | 4 | $0.12 | 3.92% | 2021-04-22 | 2021-05-07 | 2021-05-14 |
| 2021-02-04 | 4 | $0.12 | 5.0% | 2021-01-21 | 2021-02-05 | 2021-02-12 |
| 2020-11-05 | 4 | $0.12 | 6.0% | 2020-10-15 | 2020-11-06 | 2020-11-13 |
When comparing Green Plains Partners's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer USD Partners (NYSE:USDP) having the highest annualized dividend yield at 68.61%.
Analyzing Green Plains Partners 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
The company experienced a decrease in dividend per share from 2019 to 2022, with the dividend per share decreasing from $1.90 to $1.79. This decline in dividends is concerning for investors and demands further analysis to determine the contributing factors.
YoY Earnings Growth For Green Plains Partners
The earnings chart above reveals a decrease in Green Plains Partners's earnings per share, declining from $1.82 in 2019 to $1.73 in 2022. This could raise concerns for income-seeking investors, as it suggests a decline in the company's profitability. It is crucial to closely monitor the situation and assess the factors contributing to this decrease, as it may have implications for future cash dividend payouts.
Recap
This article takes an in-depth look at Green Plains Partners's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.46 per share today, translating to an annualized dividend yield of 13.11%.
When comparing Green Plains Partners's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer USD Partners having the highest annualized dividend yield at 68.61%.
Considering the decrease in dividend per share from 2019 to 2022 along with a decrease in earnings per share, Green Plains Partners might face financial difficulties, potentially impacting their ability to continue distributing profits to investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
[See current stock movements Green Plains Partners on Benzinga.](https://www.benzinga.com/quote/Green Plains Partners (NASDAQ: GPP))
This article was generated by Benzinga's automated content engine and reviewed by an editor.