Redox Dividends and Buybacks
Dividend criteria checks 3/6
Redox is a dividend paying company with a current yield of 3.4% that is well covered by earnings.
Key information
3.4%
Dividend yield
-12.0%
Buyback Yield
| Total Shareholder Yield | -8.6% |
| 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
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RDX) | 3.4% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Trade Distributors) | 1.4% |
| Analyst forecast (RDX) (up to 3 years) | 4.1% |
Notable Dividend: RDX's dividend (3.4%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: RDX's dividend (3.4%) is low compared to the top 25% of dividend payers in the Australian market (6.14%).
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.