Ricegrowers Dividend
Dividend criteria checks 4/6
Ricegrowers is a dividend paying company with a current yield of 8.09% that is well covered by earnings.
Key information
8.1%
Dividend yield
54%
Payout ratio
Industry average yield | 4.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$1.01 |
Dividend yield forecast in 3Y | 7.9% |
Recent dividend updates
Recent updates
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 |
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Segment | Dividend Yield |
---|---|
Company (SGLLV) | 8.1% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Food) | 4.5% |
Analyst forecast in 3 Years (SGLLV) | 7.9% |
Notable Dividend: SGLLV's dividend (8.09%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: SGLLV's dividend (8.09%) is in the top 25% of dividend payers in the Australian market (6.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.9%), SGLLV's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.1%), SGLLV's dividend payments are well covered by cash flows.