Reef Casino Trust Dividend
What is Reef Casino Trust current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Reef Casino Trust Dividend Yield vs Market|
|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 (%)|
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.