Localiza Rent a Car Dividend
Dividend criteria checks 5/6
Localiza Rent a Car is a dividend paying company with a current yield of 3.65% that is well covered by earnings.
Key information
3.6%
Dividend yield
80%
Payout ratio
Industry average yield | 0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AR$1.90 |
Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
No updates
Recent updates
No updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RENT3's dividends per share have been stable in the past 10 years.
Growing Dividend: RENT3's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Localiza Rent a Car Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (RENT3) | 3.6% |
Market Bottom 25% (AR) | 0% |
Market Top 25% (AR) | 0% |
Industry Average (Transportation) | 0% |
Analyst forecast in 3 Years (RENT3) | 5.4% |
Notable Dividend: RENT3's dividend (3.65%) is higher than the bottom 25% of dividend payers in the AR market (0.57%).
High Dividend: RENT3's dividend (3.65%) is in the top 25% of dividend payers in the AR market (2.58%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79.7%), RENT3's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RENT3 is paying a dividend but the company has no free cash flows.