Rangpur Foundry Dividends and Buybacks
Dividend criteria checks 4/6
Rangpur Foundry is a dividend paying company with a current yield of 1.6% that is well covered by earnings. Next payment date is on 26th January, 2025 with an ex-dividend date of 20th November, 2024.
Key information
1.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -3.5% |
| Next dividend pay date | 26 Jan 25 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | ৳2.300 |
| Payout ratio | 61% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RANFOUNDRY) | 1.6% |
| Market Bottom 25% (BD) | 1.1% |
| Market Top 25% (BD) | 4.4% |
| Industry Average (Metals and Mining) | 4.7% |
| Analyst forecast (RANFOUNDRY) (up to 3 years) | n/a |
Notable Dividend: RANFOUNDRY's dividend (1.6%) is higher than the bottom 25% of dividend payers in the BD market (1.08%).
High Dividend: RANFOUNDRY's dividend (1.6%) is low compared to the top 25% of dividend payers in the BD market (4.43%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.6%), RANFOUNDRY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RANFOUNDRY is paying a dividend but the company has no free cash flows.