RE Royalties Dividend
Dividend criteria checks 2/6
RE Royalties is a dividend paying company with a current yield of 8.16%.
Key information
8.2%
Dividend yield
-59%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -CA$0.068 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, RE has been paying a dividend for less than 10 years.
Growing Dividend: RE has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
RE Royalties Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RE) | 8.2% |
Market Bottom 25% (CA) | 1.9% |
Market Top 25% (CA) | 6.4% |
Industry Average (Renewable Energy) | 4.8% |
Analyst forecast in 3 Years (RE) | n/a |
Notable Dividend: RE's dividend (8.16%) is higher than the bottom 25% of dividend payers in the Canadian market (1.87%).
High Dividend: RE's dividend (8.16%) is in the top 25% of dividend payers in the Canadian market (6.4%)
Earnings Payout to Shareholders
Earnings Coverage: RE is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (132.5%), RE's dividend payments are not well covered by cash flows.