Here’s a summary of the Dividend Yield and Dividend Payments made by GMA Network Inc (GMA7) in recent years.
In 2017, the company distributed the highest amount of dividends ever paid in the last 5 years. That year, GMA7 paid total dividends of PHP 0.73 per share. GMA7’s Dividend Yield in 2017 was 12.50%, also the highest dividend yield paid by the company in the last 5 years.
View the tables below to see GMA Network’s dividend yield and payment history in the past years.
GMA Network Inc (GMA7)’s Dividend Yield
| Year | Dividends per Share (in PHP) | Dividend Yield (Year-end %) |
|---|---|---|
| 2013 | 0.25 | 3.05% |
| 2014 | 0.27 | 4.29% |
| 2015 | 0.25 | 3.62% |
| 2016 | 0.40 | 6.38% |
| 2017 | 0.73 | 12.50% |
GMA Network Inc (GMA7)’s Dividend History
| Dividend Type | Amount | Ex-Dividend Date | Declaration Date | Record Date | Payable Date | |
|---|---|---|---|---|---|---|
| 2017 | Cash Dividends | PHP 0.73 | April 17, 2017 | March 27, 2017 | April 20, 2017 | May 15, 2017 |
| 2016 | Cash Dividends | PHP 0.40 | April 20, 2016 | April 8, 2016 | April 25, 2016 | May 16, 2016 |
| 2015 | Cash Dividends | PHP 0.25 | April 21, 2015 | March 30, 2015 | April 24, 2015 | May 19, 2015 |
| 2014 | Cash Dividends | PHP 0.27 | April 21, 2014 | April 2, 2014 | April 24, 2014 | May 19, 2014 |
| 2013 | Cash Dividends | PHP 0.25 | April 12, 2013 | March 21, 2013 | April 17, 2013 | May 14, 2013 |
What are Dividends?
Dividends are distributions of income by the company to its shareholders. Simply speaking, it is the share of stockholders in the total earnings generated by the company for the year.
While stock price appreciation could provide bigger profits than dividends, price gains are only realized when the investor sells the stock. Dividends, however, are tangible and actual profits that investors receive from the company. This may be in the form of cash dividends or stock dividends.
What is Dividend Yield?
The Dividend Yield shows the dividend income paid to the stockholder as a percentage of stock price, computed using this formula:
- Total Dividends Paid / Stock Price
Take, for example, a company whose stock price is currently P100.00 and which paid dividends of P5.00. The Dividend Yield, in this case, is 5% (computed as P5.00 divided by P100.00).
The higher the dividend yield, therefore, the higher the income that stockholders receive. Clearly, it is potentially lucrative to invest in stocks that pay consistent, sustainable, and above-average dividend yields.
What are important Dividend Dates to remember?
Here are important dates related to dividend distribution:
| Date | What It Means |
|---|---|
| Declaration Date | The company's announcement or declaration date that it will be distributing dividends |
| Ex-Date | Also called "Ex-Dividend Date," this is the first day a buyer of a stock is NOT entitled or is EX-cluded from receiving dividends |
| Record Date | The date a stockholder should be "recorded" in the books of the company to be eligible to receive dividends |
| Payment Date | The date dividends are actually paid to eligible shareholders |
Take note that stock prices typically rise from the time the dividend was announced (Declaration Date) until the Ex-Date (the first day when buying a stock does NOT entitle the buyer to the dividends).
Stock prices would fluctuate and possibly rise right before the Ex-Date because investors are scrambling to buy the stock in order to be entitled to receive dividends. Historically, as well, stock prices start to decline from the Ex-Date onwards since those who bought the stock, just to receive dividends, start selling it because they have already earned the right to receive the dividends.
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