Resimac Group Dividend
Dividend criteria checks 4/6
Resimac Group is a dividend paying company with a current yield of 6.76% that is well covered by earnings.
Key information
6.8%
Dividend yield
63%
Payout ratio
Industry average yield | 3.8% |
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 | 7.3% |
Recent dividend updates
Recent updates
Stability 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 |
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Segment | Dividend Yield |
---|---|
Company (RMC) | 6.8% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Diversified Financial) | 3.8% |
Analyst forecast in 3 Years (RMC) | 7.3% |
Notable Dividend: RMC's dividend (6.76%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: RMC's dividend (6.76%) is in the top 25% of dividend payers in the Australian market (6.25%)
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.