Redox Dividends and Buybacks
Dividend criteria checks 3/6
Redox is a dividend paying company with a current yield of 3.37% that is well covered by earnings.
Key information
3.4%
Dividend yield
-11.8%
Buyback Yield
| Total Shareholder Yield | -8.4% |
| Future Dividend Yield | 4.1% |
| 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) | 3.4% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Trade Distributors) | 1.4% |
| Analyst forecast (RDX) (up to 3 years) | 4.1% |
Notable Dividend: RDX's dividend (3.37%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: RDX's dividend (3.37%) is low compared to the top 25% of dividend payers in the Australian market (6.01%).
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.