Redox Dividend
Dividend criteria checks 2/6
Redox is a dividend paying company with a current yield of 3.8%.
Key information
3.8%
Dividend yield
19,011%
Payout ratio
Industry average yield | 1.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.16 |
Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (RDX) | 3.8% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Trade Distributors) | 1.3% |
Analyst forecast in 3 Years (RDX) | 5.1% |
Notable Dividend: RDX's dividend (3.8%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: RDX's dividend (3.8%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (19011.4%), RDX's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36%), RDX's dividend payments are well covered by cash flows.