Reef Casino Trust Dividend
What is Reef Casino Trust current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
10.81%
Current Dividend Yield
Dividend Yield vs Market
| Reef Casino Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RCT) | 10.8% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.7% |
| Industry Average (Hospitality) | 2.5% |
| Analyst forecast in 3 Years (RCT) | n/a |
Notable Dividend: RCT's dividend (10.81%) is higher than the bottom 25% of dividend payers in the Australian market (2.56%).
High Dividend: RCT's dividend (10.81%) is in the top 25% of dividend payers in the Australian market (6.74%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 1/18/2023 | 0.35 | 10.81 |
| 12/14/2021 | 0.35 | 11.29 |
| 8/20/2021 | 0.25 | 9.01 |
| 6/21/2021 | 0.24 | 9.5 |
| 2/24/2021 | 0.2 | 8.11 |
| 6/17/2020 | - | 0 |
| 2/26/2020 | 0.14 | 7.31 |
| 2/22/2019 | 0.2 | 7.91 |
| 12/5/2018 | 0.2 | 6.54 |
| 6/22/2018 | 0.25 | 8.2 |
| 12/6/2017 | 0.23 | 7.21 |
| 8/23/2017 | 0.19 | 7.02 |
| 2/24/2017 | 0.24 | 7.43 |
| 6/22/2016 | 0.29 | 7.73 |
| 2/18/2016 | 0.3 | 8.37 |
| 12/18/2015 | 0.3 | 8.27 |
| 6/22/2015 | 0.3 | 8.4 |
| 12/16/2014 | 0.26 | 8.32 |
| 3/13/2014 | 0.28 | 7.23 |
| 3/15/2013 | 0.21 | 7.04 |
| 2/21/2012 | 0.2 | 8.67 |
Stable Dividend: RCT's dividend payments have been volatile in the past 10 years.
Growing Dividend: RCT's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.1%), RCT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.3%), RCT's dividend payments are covered by cash flows.