Renata Dividend
Dividend criteria checks 3/6
Renata is a dividend paying company with a current yield of 1.39% that is well covered by earnings. Next payment date is on 5th January, 2025 with an ex-dividend date of 22nd October, 2024.
Key information
1.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 3.6% |
| Dividend Growth | 5.5% |
| Next dividend pay date | 05 Jan 25 |
| Ex dividend date | 22 Oct 24 |
| Dividend per share | ৳9.200 |
| Payout ratio | 31% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RENATA's dividend payments have been volatile in the past 10 years.
Growing Dividend: RENATA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Renata Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RENATA) | 1.4% |
| Market Bottom 25% (BD) | 1.2% |
| Market Top 25% (BD) | 4.7% |
| Industry Average (Pharmaceuticals) | 3.8% |
| Analyst forecast (RENATA) (up to 3 years) | 3.6% |
Notable Dividend: RENATA's dividend (1.39%) is higher than the bottom 25% of dividend payers in the BD market (1.22%).
High Dividend: RENATA's dividend (1.39%) is low compared to the top 25% of dividend payers in the BD market (4.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.2%), RENATA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RENATA is paying a dividend but the company has no free cash flows.