Reef Casino Trust Dividend
Dividend criteria checks 3/6
Reef Casino Trust is a dividend paying company with a current yield of 7.04%.
Key information
7.0%
Dividend yield
101%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.22 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Reef Casino Trust (ASX:RCT) Will Pay A Dividend Of A$0.1225
Dec 09
We Like These Underlying Return On Capital Trends At Reef Casino Trust (ASX:RCT)
Dec 15Reef Casino Trust (ASX:RCT) Could Be At Risk Of Shrinking As A Company
Jun 10Calculating The Fair Value Of Reef Casino Trust (ASX:RCT)
Apr 19Do Investors Have Good Reason To Be Wary Of Reef Casino Trust's (ASX:RCT) 3.9% Dividend Yield?
Mar 21Is Reef Casino Trust (ASX:RCT) Struggling?
Feb 14
Calculating The Intrinsic Value Of Reef Casino Trust (ASX:RCT)
Jan 10Know This Before Buying Reef Casino Trust (ASX:RCT) For Its Dividend
Dec 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RCT's dividend payments have been volatile in the past 10 years.
Growing Dividend: RCT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Reef Casino Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RCT) | 7.0% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Hospitality) | 2.0% |
| Analyst forecast in 3 Years (RCT) | n/a |
Notable Dividend: RCT's dividend (7.04%) is higher than the bottom 25% of dividend payers in the Australian market (2.58%).
High Dividend: RCT's dividend (7.04%) is in the top 25% of dividend payers in the Australian market (6.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (100.6%), RCT's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.8%), RCT's dividend payments are covered by cash flows.