Ricegrowers Dividends and Buybacks
Dividend criteria checks 3/6
Ricegrowers is a dividend paying company with a current yield of 5.36% that is well covered by earnings. Next payment date is on 24th January, 2025 with an ex-dividend date of 24th December, 2024.
Key information
5.4%
Dividend yield
0.09%
Buyback Yield
| Total Shareholder Yield | 5.5% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | -1.6% |
| Next dividend pay date | 24 Jan 25 |
| Ex dividend date | 24 Dec 24 |
| Dividend per share | AU$0.550 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Ricegrowers' (ASX:SGLLV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 29
Ricegrowers (ASX:SGLLV) Will Pay A Dividend Of A$0.10
Dec 17Recent updates
Ricegrowers' (ASX:SGLLV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 29Ricegrowers (ASX:SGLLV) Will Pay A Dividend Of A$0.10
Dec 17Ricegrowers (ASX:SGLLV) Has Re-Affirmed Its Dividend Of AU$0.33
Jun 27Ricegrowers (ASX:SGLLV) Will Be Looking To Turn Around Its Returns
May 11Should You Buy Ricegrowers Limited (ASX:SGLLV) For Its Dividend?
Apr 08Calculating The Intrinsic Value Of Ricegrowers Limited (ASX:SGLLV)
Mar 09Ricegrowers (ASX:SGLLV) Has Compensated Shareholders With A Respectable 87% Return On Their Investment
Feb 22Does Ricegrowers' (ASX:SGLLV) Returns On Capital Reflect Well On The Business?
Feb 03
Is Ricegrowers (ASX:SGLLV) Using Too Much Debt?
Jan 21Here's What You Should Know About Ricegrowers Limited's (ASX:SGLLV) 5.1% Dividend Yield
Jan 08Ricegrowers Limited's (ASX:SGLLV) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Dec 23How Is Ricegrowers' (ASX:SGLLV) CEO Compensated?
Dec 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SGLLV has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: SGLLV's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Ricegrowers Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SGLLV) | 5.4% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Food) | 4.0% |
| Analyst forecast (SGLLV) (up to 3 years) | 5.8% |
Notable Dividend: SGLLV's dividend (5.36%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: SGLLV's dividend (5.36%) is low compared to the top 25% of dividend payers in the Australian market (6.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.3%), SGLLV's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.8%), SGLLV's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:19 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/30 |
| Annual Earnings | 2024/04/30 |
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 |
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* 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
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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
Ricegrowers Limited is covered by 2 analysts. 2 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 |
|---|---|
| Allan Franklin | Canaccord Genuity |
| John Burgess | RaaS Advisory Pty Ltd |