Ridley Dividend
Dividend criteria checks 3/6
Ridley is a dividend paying company with a current yield of 3.95% that is well covered by earnings.
Key information
3.9%
Dividend yield
64%
Payout ratio
Industry average yield | 4.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.13 |
Dividend yield forecast in 3Y | 4.9% |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (RIC) | 3.9% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Food) | 4.4% |
Analyst forecast in 3 Years (RIC) | 4.9% |
Notable Dividend: RIC's dividend (3.95%) is higher than the bottom 25% of dividend payers in the Australian market (2.62%).
High Dividend: RIC's dividend (3.95%) is low compared to the top 25% of dividend payers in the Australian market (6.25%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.3%), RIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (103.7%), RIC's dividend payments are not well covered by cash flows.