Ricegrowers Dividends and Buybacks
Dividend criteria checks 3/6
Ricegrowers is a dividend paying company with a current yield of 5.58% that is well covered by earnings.
Key information
5.6%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 5.9% |
| Future Dividend Yield | 6.0% |
| Dividend Growth | -1.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.550 |
| Payout ratio | 56% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SGLLV) | 5.6% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Food) | 3.9% |
| Analyst forecast (SGLLV) (up to 3 years) | 6.0% |
Notable Dividend: SGLLV's dividend (5.58%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: SGLLV's dividend (5.58%) is low compared to the top 25% of dividend payers in the Australian market (6.01%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.4%), SGLLV's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (44.1%), SGLLV's dividend payments are well covered by cash flows.