Resimac Group Dividends and Buybacks
Dividend criteria checks 3/6
Resimac Group is a dividend paying company with a current yield of 8.33% that is well covered by earnings.
Key information
8.3%
Dividend yield
0.2%
Buyback Yield
| Total Shareholder Yield | 8.6% |
| Future Dividend Yield | 9.5% |
| Dividend Growth | 17.2% |
| 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
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 8 years.
Dividend Yield vs Market
| Resimac Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RMC) | 8.3% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Diversified Financial) | 3.7% |
| Analyst forecast (RMC) (up to 3 years) | 9.5% |
Notable Dividend: RMC's dividend (8.33%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: RMC's dividend (8.33%) is in the top 25% of dividend payers in the Australian market (6.01%)
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.