Reckon Dividend
Dividend criteria checks 3/6
Reckon is a dividend paying company with a current yield of 4.67% that is well covered by earnings.
Key information
4.7%
Dividend yield
51%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.049 |
Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RKN's dividend payments have been volatile in the past 10 years.
Growing Dividend: RKN's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Reckon Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RKN) | 4.7% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Software) | 0.5% |
Analyst forecast in 3 Years (RKN) | 5.2% |
Notable Dividend: RKN's dividend (4.67%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: RKN's dividend (4.67%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.9%), RKN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.5%), RKN's dividend payments are covered by cash flows.