Reunert Dividend
Dividend criteria checks 3/6
Reunert is a dividend paying company with a current yield of 4.97% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 19th June, 2024.
Key information
5.0%
Dividend yield
56%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 24 Jun 24 |
| Ex dividend date | 19 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | R6.06 |
| Dividend yield forecast in 3Y | 5.6% |
Recent dividend updates
Reunert (JSE:RLO) Has Announced A Dividend Of ZAR0.90
May 31
Reunert's (JSE:RLO) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 06Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RLO's dividend payments have been volatile in the past 10 years.
Growing Dividend: RLO's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Reunert Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RLO) | 5.0% |
| Market Bottom 25% (ZA) | 3.7% |
| Market Top 25% (ZA) | 9.2% |
| Industry Average (Industrials) | 3.3% |
| Analyst forecast in 3 Years (RLO) | 5.6% |
Notable Dividend: RLO's dividend (4.97%) is higher than the bottom 25% of dividend payers in the ZA market (3.7%).
High Dividend: RLO's dividend (4.97%) is low compared to the top 25% of dividend payers in the ZA market (9.16%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.8%), RLO's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.3%), RLO's dividend payments are well covered by cash flows.