Resimac Group Dividend
Dividend criteria checks 4/6
Resimac Group is a dividend paying company with a current yield of 7% that is well covered by earnings.
Key information
7.0%
Dividend yield
63%
Payout ratio
| Industry average yield | 3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | AU$0.12 |
| Dividend yield forecast in 3Y | 7.6% |
Recent dividend updates
Recent updates
Here's Why I Think Resimac Group (ASX:RMC) Is An Interesting Stock
Dec 13
Resimac 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 7 years.
Dividend Yield vs Market
| Resimac Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RMC) | 7.0% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Diversified Financial) | 3.9% |
| Analyst forecast in 3 Years (RMC) | 7.6% |
Notable Dividend: RMC's dividend (7%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: RMC's dividend (7%) is in the top 25% of dividend payers in the Australian market (6.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.9%), RMC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (1.5%), RMC's dividend payments are thoroughly covered by cash flows.