Contourglobal Dividends - GLO

Contourglobal Dividends - GLO

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Stock Name Stock Symbol Market Stock Type
Contourglobal Plc GLO London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 251.00 16:35:17
Open Price Low Price High Price Close Price Previous Close
253.50 250.50 253.50 251.00 251.00
more quote information »
Industry Sector

Contourglobal GLO Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

woodhawk: I've sold out - reckon I can do better over the next 4-5 months with my cash than the couple of % potential gain now on offer here. Offer price reduces to 259.6p after divi as well. Shame to see it go as I like good quarterly divi payers. I intend to top up DEC, HFEL and NESF. Good luck all, GLO has been a very nice little earner for most of us.
woodhawk: Fairly lengthy piece on GLO in the Daily Fail today:
rogerramjett: Balance sheet is complex and so is the business model. I would say well managed, with liabilities paid down earnings from each asset. These loans must be well covered, hence the ability to raise dividends annually at a predicted rate of 10%. GLO are really letting other peoples money work for them. Maximising potential.
km18: ContourGlobal plc issued a Q1 trading update this morning. The current financial year has started positively and overall trading across the Group is ahead of the Board's expectation and continues to underpin the Board's confidence in the continued growth in dividends to shareholders. The Company will pay a dividend for Q1 2022 of 4.9115c/4.0128p per share , equivalent to $32.2 million which is in line with the Company's commitment to an annual 10% increase in dividend per share. Adjusted EBITDA was up 15.3% from $180.6 million to $208.3 million, strong cash flow generation with Funds from Operations reaching $112 million in Q1 2022. The business continues to generate solid top-line and EPS growth, distributions are generous with dividend yield at 8.8%. Valuation is a little unhelpful with forward PE ratio at 21.1 which ranks GLO 6th out of 7 names in the Electric Utilities and IPPs sector. PS ratio at 0.72 is a little more supportive. Everything else points to a solid business and solid investment case, but one to monitor for now.... ...from WealthOracleAM
wallywoo: Great looking trading statement. Ebitda up 15 percent, dividend up 10 percent. Future bright. At current exchange rates the dividend is over 16p per annum. That's a 8.5 percent yield. Great stock for tricky times!
rogerramjett: I know its from the asset sale but what is the expectation for the special divi likely to be ? Looking through last years dividend declarations the release date was 13th May which was a Thursday last year so may be tomorrow morning. Very tempting to add a few to those I bought the other day. Trying to maintain a balance across my portfolio. Some horror stories such as DLG but I remain invested as the dividend is good and I believe it better than the market prices it at. I'm liking the investment trusts. NESF and GSF. Also GCP. All holding up well. GLO is another take on the energy theme. I have a couple of mining shares. One being POLY 🤣. Massively under water on that. The other being RIO. Plus IMB in tobacco. Trying to be diverse. A few others in their HFEL and some other infrastructure trusts which are non energy. But GLO has really caught my eye. Forward dividend will be over 8% if they apply the same principles as previous that being a 10% increase. Price in a fairly tight range. Just a cash generating cow
rogerramjett: Are GLO due to release a dividend declaration and update this week ?
rogerramjett: So the actual quarterly dividend currently a 7.6% yield at 0.04465c per quarter will be raised by 10% to 0.04915 from this month and next dividend declaration based upon their policy? That would make it 8.5% dividend. Is it worth adding some more ?
aleman: Could people please take more generalised dividend chatter to the DIVI thread rather then clogging up specific company threads? Clearly people want to compare notes on different yield shares, and that includes me. There does not appear to be another similar dividend thread on ADVFN so it would be great if we could get more input on the DIVI thread to share yield strategies and opportunities as they develop. It gets posts in fits and starts but would greatly benefit from a bit more posting volume there. The GLO thread could then concentrate on ContourGlobal issues. Thanks.
woodhawk: A rare bit of coverage... "Power generator ContourGlobal (LSE: GLO) has the wind in its sails at the moment. In December it upgraded its profits guidance for 2021 thanks to better-than-expected performance from one of its Spanish natural gas plants. I don’t think this dividend stock’s just a great buy for today, though. I reckon it’s a good way to make money from soaring energy consumption around the globe. ContourGlobal builds and operates power stations across Europe, Africa and Latin America. Demand for its services should hopefully grow as population levels increase and economic output in emerging markets takes off. I also like this particular energy producer because of its growing focus on renewable energy. This could help its share price rise over the long term as the theme of responsible investing takes off. But I’m aware that today ContourGlobal trades on a high forward P/E ratio of around 29 times. A premium share price always leaves a company in danger of sinking if earnings forecasts start to look a bit flaky. A project delay is one danger that could send ContourGlobal’s share price reversing sharply."
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