Reef Casino Trust Dividend
Dividend criteria checks 3/6
Reef Casino Trust is a dividend paying company with a current yield of 7.18%.
Key information
7.2%
Dividend yield
101%
Payout ratio
Industry average yield | 2.2% |
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
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (RCT) | 7.2% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Hospitality) | 2.2% |
Analyst forecast in 3 Years (RCT) | n/a |
Notable Dividend: RCT's dividend (7.18%) is higher than the bottom 25% of dividend payers in the Australian market (2.6%).
High Dividend: RCT's dividend (7.18%) is in the top 25% of dividend payers in the Australian market (6.3%)
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.