Rangpur Dairy & Food Products Dividends and Buybacks
Dividend criteria checks 2/6
Rangpur Dairy & Food Products is a dividend paying company with a current yield of 2.34% that is well covered by earnings. Next payment date is on 20th January, 2025 with an ex-dividend date of 5th December, 2024.
Key information
2.3%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 34.2% |
| Next dividend pay date | 20 Jan 25 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | ৳0.500 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, RDFOOD has been paying a dividend for less than 10 years.
Growing Dividend: RDFOOD's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Rangpur Dairy & Food Products Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RDFOOD) | 2.3% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Food) | 1.1% |
| Analyst forecast (RDFOOD) (up to 3 years) | n/a |
Notable Dividend: RDFOOD's dividend (2.34%) is higher than the bottom 25% of dividend payers in the BD market (1.1%).
High Dividend: RDFOOD's dividend (2.34%) is low compared to the top 25% of dividend payers in the BD market (4.41%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.1%), RDFOOD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RDFOOD is paying a dividend but the company has no free cash flows.