Renasant Dividends and Buybacks
Dividend criteria checks 5/6
Renasant is a dividend paying company with a current yield of 2.36% that is well covered by earnings. Next payment date is on 1st January, 2025 with an ex-dividend date of 18th December, 2024.
Key information
2.4%
Dividend yield
-9.4%
Buyback Yield
| Total Shareholder Yield | -7.0% |
| Future Dividend Yield | 2.5% |
| Dividend Growth | 3.3% |
| Next dividend pay date | 01 Jan 25 |
| Ex dividend date | 18 Dec 24 |
| Dividend per share | US$0.880 |
| Payout ratio | 28% |
Recent dividend and buyback updates
Renasant (NYSE:RNST) Is Paying Out A Dividend Of $0.22
Nov 18
Renasant (NYSE:RNST) Has Announced A Dividend Of $0.22
Aug 19Recent updates
Renasant (NYSE:RNST) Is Paying Out A Dividend Of $0.22
Nov 18Renasant (NYSE:RNST) Has Announced A Dividend Of $0.22
Aug 19Renasant (NYSE:RNST) Has Announced A Dividend Of $0.22
Apr 24Renasant (NYSE:RNST) Is Due To Pay A Dividend Of $0.22
Dec 13Renasant (NYSE:RNST) Has Affirmed Its Dividend Of $0.22
Nov 22Renasant (NASDAQ:RNST) Is Due To Pay A Dividend Of $0.22
Aug 30Renasant (NASDAQ:RNST) Is Paying Out A Dividend Of $0.22
Aug 15Does Renasant (NASDAQ:RNST) Deserve A Spot On Your Watchlist?
Aug 09Renasant (NASDAQ:RNST) Will Pay A Dividend Of $0.22
May 14Renasant (NASDAQ:RNST) Will Pay A Dividend Of $0.22
Apr 30Renasant (NASDAQ:RNST) Has Announced A Dividend Of $0.22
Feb 21Renasant (NASDAQ:RNST) Is Paying Out A Dividend Of $0.22
Dec 08Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RNST's dividends per share have been stable in the past 10 years.
Growing Dividend: RNST's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Renasant Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RNST) | 2.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (RNST) (up to 3 years) | 2.5% |
Notable Dividend: RNST's dividend (2.36%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: RNST's dividend (2.36%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.3%), RNST's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RNST's dividends in 3 years are forecast to be well covered by earnings (28.5% payout ratio).