Resimac Group Dividends and Buybacks
Dividend criteria checks 3/6
Resimac Group is a dividend paying company with a current yield of 7.14% that is well covered by earnings.
Key information
7.1%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 7.3% |
| Future Dividend Yield | 8.5% |
| Dividend Growth | 16.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.070 |
| Payout ratio | 81% |
Recent dividend and buyback updates
Recent updates
Many Still Looking Away From Resimac Group Limited (ASX:RMC)
Dec 02
Here's Why I Think Resimac Group (ASX:RMC) Is An Interesting Stock
Dec 13Resimac Group's (ASX:RMC) Upcoming Dividend Will Be Larger Than Last Year's
Sep 02Is Resimac Group Limited (ASX:RMC) A Good Fit For Your Dividend Portfolio?
Apr 01Is Now The Time To Put Resimac Group (ASX:RMC) On Your Watchlist?
Mar 06Shareholders of Resimac Group (ASX:RMC) Must Be Delighted With Their 355% Total Return
Feb 07
Do Insiders Own Lots Of Shares In Resimac Group Limited (ASX:RMC)?
Jan 10Here's What You Should Know About Resimac Group Limited's (ASX:RMC) 1.9% Dividend Yield
Dec 13Did Business Growth Power Resimac Group's (ASX:RMC) Share Price Gain of 102%?
Aug 10Here's Why I Think Resimac Group (ASX:RMC) Might Deserve Your Attention Today
Jul 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RMC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RMC's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Resimac Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RMC) | 7.1% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Diversified Financial) | 3.7% |
| Analyst forecast (RMC) (up to 3 years) | 8.5% |
Notable Dividend: RMC's dividend (7.14%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: RMC's dividend (7.14%) is in the top 25% of dividend payers in the Australian market (6.18%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.9%), RMC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RMC is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:28 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Resimac Group Limited is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Marcus Barnard | Bell Potter |
| Thomas Strong | Citigroup Inc |