Redox Dividends and Buybacks
Dividend criteria checks 3/6
Redox is a dividend paying company with a current yield of 3.29% that is well covered by earnings.
Key information
3.3%
Dividend yield
-11.6%
Buyback Yield
| Total Shareholder Yield | -8.3% |
| Future Dividend Yield | 3.8% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.130 |
| Payout ratio | 73% |
Recent dividend and buyback updates
Recent updates
Redox (ASX:RDX) May Have Issues Allocating Its Capital
Nov 14
Redox Limited Recorded A 5.9% Miss On Revenue: Analysts Are Revisiting Their Models
Aug 23Be Wary Of Redox (ASX:RDX) And Its Returns On Capital
Jul 15Is Redox Limited (ASX:RDX) Expensive For A Reason? A Look At Its Intrinsic Value
Jun 10Calculating The Fair Value Of Redox Limited (ASX:RDX)
Feb 14Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether RDX's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if RDX's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Redox Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RDX) | 3.3% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Trade Distributors) | 1.4% |
| Analyst forecast (RDX) (up to 3 years) | 3.8% |
Notable Dividend: RDX's dividend (3.29%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: RDX's dividend (3.29%) is low compared to the top 25% of dividend payers in the Australian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72.7%), RDX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (60.9%), RDX's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Redox Limited is covered by 2 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Chenny Wang | Morgan Stanley |
| Rushil Paiva | Ord Minnett Limited |