Rangpur Foundry Dividend
Dividend criteria checks 5/6
Rangpur Foundry is a dividend paying company with a current yield of 1.56% that is well covered by earnings.
Key information
1.6%
Dividend yield
61%
Payout ratio
Industry average yield | 2.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳3.79 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RANFOUNDRY's dividends per share have been stable in the past 10 years.
Growing Dividend: RANFOUNDRY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Rangpur Foundry Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RANFOUNDRY) | 1.6% |
Market Bottom 25% (BD) | 0.9% |
Market Top 25% (BD) | 4.1% |
Industry Average (Metals and Mining) | 2.8% |
Analyst forecast in 3 Years (RANFOUNDRY) | n/a |
Notable Dividend: RANFOUNDRY's dividend (1.56%) is higher than the bottom 25% of dividend payers in the BD market (0.94%).
High Dividend: RANFOUNDRY's dividend (1.56%) is low compared to the top 25% of dividend payers in the BD market (4.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), RANFOUNDRY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (53.5%), RANFOUNDRY's dividend payments are covered by cash flows.