Reliance Worldwide Dividend
Dividend criteria checks 3/6
Reliance Worldwide is a dividend paying company with a current yield of 2.91% that is well covered by earnings.
Key information
2.9%
Dividend yield
46%
Payout ratio
Industry average yield | 1.7% |
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 | 2.0% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RWC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RWC's dividend payments have increased, but the company has only paid a dividend for 7 years.
Dividend Yield vs Market
Reliance Worldwide Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RWC) | 2.9% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Building) | 1.7% |
Analyst forecast in 3 Years (RWC) | 2.0% |
Notable Dividend: RWC's dividend (2.91%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: RWC's dividend (2.91%) is low compared to the top 25% of dividend payers in the Australian market (6.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), RWC's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.6%), RWC's dividend payments are well covered by cash flows.