Reef Casino Trust Dividend

What is Reef Casino Trust current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend 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
How does RCT dividend yield compare to the market?
SegmentDividend 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

How stable has Reef Casino Trust's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
1/18/20230.3510.81
12/14/20210.3511.29
8/20/20210.259.01
6/21/20210.249.5
2/24/20210.28.11
6/17/2020-0
2/26/20200.147.31
2/22/20190.27.91
12/5/20180.26.54
6/22/20180.258.2
12/6/20170.237.21
8/23/20170.197.02
2/24/20170.247.43
6/22/20160.297.73
2/18/20160.38.37
12/18/20150.38.27
6/22/20150.38.4
12/16/20140.268.32
3/13/20140.287.23
3/15/20130.217.04
2/21/20120.28.67

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.


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