Ridley Dividend
Dividend criteria checks 4/6
Ridley is a dividend paying company with a current yield of 4.19% that is well covered by earnings. Next payment date is on 24th October, 2024 with an ex-dividend date of 7th October, 2024.
Key information
4.2%
Dividend yield
72%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | 24 Oct 24 |
| Ex dividend date | 07 Oct 24 |
| Dividend per share | AU$0.093 |
| Earnings per share | AU$0.13 |
| Dividend yield forecast in 3Y | 5.4% |
Recent dividend updates
Ridley (ASX:RIC) Is Paying Out A Larger Dividend Than Last Year
Aug 23
Ridley (ASX:RIC) Is Paying Out A Larger Dividend Than Last Year
Feb 16Ridley (ASX:RIC) Is Increasing Its Dividend To A$0.0425
Aug 26Recent updates
Ridley (ASX:RIC) Is Paying Out A Larger Dividend Than Last Year
Aug 23Ridley (ASX:RIC) Is Paying Out A Larger Dividend Than Last Year
Feb 16Ridley Corporation Limited's (ASX:RIC) Business Is Trailing The Market But Its Shares Aren't
Feb 14Ridley (ASX:RIC) Is Increasing Its Dividend To A$0.0425
Aug 26With EPS Growth And More, Ridley (ASX:RIC) Makes An Interesting Case
Feb 18Ridley's (ASX:RIC) Dividend Will Be Increased To A$0.04
Sep 27The Returns At Ridley (ASX:RIC) Aren't Growing
Jul 22Slowing Rates Of Return At Ridley (ASX:RIC) Leave Little Room For Excitement
Apr 19Return Trends At Ridley (ASX:RIC) Aren't Appealing
Aug 25The Returns At Ridley (ASX:RIC) Aren't Growing
May 25A Look At The Fair Value Of Ridley Corporation Limited (ASX:RIC)
Apr 19Does Ridley (ASX:RIC) Have A Healthy Balance Sheet?
Mar 23Is There Now An Opportunity In Ridley Corporation Limited (ASX:RIC)?
Mar 09What Percentage Of Ridley Corporation Limited (ASX:RIC) Shares Do Insiders Own?
Feb 24Our Take On The Returns On Capital At Ridley (ASX:RIC)
Feb 02How Much Did Ridley's(ASX:RIC) Shareholders Earn From Share Price Movements Over The Last Five Years?
Jan 12Is There An Opportunity With Ridley Corporation Limited's (ASX:RIC) 25% Undervaluation?
Dec 22Does Ridley (ASX:RIC) Have A Healthy Balance Sheet?
Nov 22
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RIC's dividend payments have been volatile in the past 10 years.
Growing Dividend: RIC's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Ridley Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RIC) | 4.2% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.3% |
| Industry Average (Food) | 4.0% |
| Analyst forecast in 3 Years (RIC) | 5.4% |
Notable Dividend: RIC's dividend (4.19%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: RIC's dividend (4.19%) is low compared to the top 25% of dividend payers in the Australian market (6.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (71.7%), RIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.8%), RIC's dividend payments are well covered by cash flows.