Richelieu Hardware Dividend
Dividend criteria checks 3/6
Richelieu Hardware is a dividend paying company with a current yield of 1.54% that is well covered by earnings. Next payment date is on 9th May, 2024 with an ex-dividend date of 24th April, 2024.
Key information
1.5%
Dividend yield
32%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 09 May 24 |
| Ex dividend date | 24 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | CA$1.86 |
| Dividend yield forecast in 3Y | 1.7% |
Recent dividend updates
Recent updates
Return Trends At Richelieu Hardware (TSE:RCH) Aren't Appealing
Apr 05
Some May Be Optimistic About Richelieu Hardware's (TSE:RCH) Earnings
Jan 25Richelieu Hardware Ltd.'s (TSE:RCH) Shares May Have Run Too Fast Too Soon
Dec 24Richelieu Hardware (TSE:RCH) Has More To Do To Multiply In Value Going Forward
Dec 11Estimating The Fair Value Of Richelieu Hardware Ltd. (TSE:RCH)
Oct 11Is It Too Late To Consider Buying Richelieu Hardware Ltd. (TSE:RCH)?
Sep 07Richelieu Hardware (TSE:RCH) Seems To Use Debt Quite Sensibly
Aug 18Shareholders Are Optimistic That Richelieu Hardware (TSE:RCH) Will Multiply In Value
Jul 01Should You Investigate Richelieu Hardware Ltd. (TSE:RCH) At CA$44.21?
May 11These 4 Measures Indicate That Richelieu Hardware (TSE:RCH) Is Using Debt Reasonably Well
Apr 20Investors Should Be Encouraged By Richelieu Hardware's (TSE:RCH) Returns On Capital
Mar 07Here's Why Richelieu Hardware (TSE:RCH) Can Manage Its Debt Responsibly
Jan 05A Look At The Intrinsic Value Of Richelieu Hardware Ltd. (TSE:RCH)
Nov 29Does Richelieu Hardware (TSE:RCH) Deserve A Spot On Your Watchlist?
Oct 21Richelieu Hardware (TSE:RCH) Is Very Good At Capital Allocation
Oct 10Does Richelieu Hardware (TSE:RCH) Have A Healthy Balance Sheet?
Sep 29Estimating The Intrinsic Value Of Richelieu Hardware Ltd. (TSE:RCH)
Aug 17Is There Now An Opportunity In Richelieu Hardware Ltd. (TSE:RCH)?
Jul 25Robust Earnings May Not Tell The Whole Story For Richelieu Hardware (TSE:RCH)
Jul 14Why We Like The Returns At Richelieu Hardware (TSE:RCH)
Jul 10We Think Richelieu Hardware (TSE:RCH) Can Manage Its Debt With Ease
Jun 28Does Richelieu Hardware (TSE:RCH) Deserve A Spot On Your Watchlist?
Jun 15A Look At The Fair Value Of Richelieu Hardware Ltd. (TSE:RCH)
May 18Returns On Capital Are A Standout For Richelieu Hardware (TSE:RCH)
Apr 04Why Richelieu Hardware Ltd. (TSE:RCH) Could Be Worth Watching
Mar 22Does Richelieu Hardware (TSE:RCH) Deserve A Spot On Your Watchlist?
Feb 15Need To Know: Analysts Are Much More Bullish On Richelieu Hardware Ltd. (TSE:RCH) Revenues
Jan 28Calculating The Intrinsic Value Of Richelieu Hardware Ltd. (TSE:RCH)
Jan 11What Is Richelieu Hardware Ltd.'s (TSE:RCH) Share Price Doing?
Dec 15Richelieu Hardware (TSE:RCH) Might Become A Compounding Machine
Nov 29Estimating The Fair Value Of Richelieu Hardware Ltd. (TSE:RCH)
Oct 05Does Richelieu Hardware (TSE:RCH) Have A Healthy Balance Sheet?
Sep 24Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RCH's dividend payments have been volatile in the past 10 years.
Growing Dividend: RCH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Richelieu Hardware Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RCH) | 1.5% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Trade Distributors) | 2.2% |
| Analyst forecast in 3 Years (RCH) | 1.7% |
Notable Dividend: RCH's dividend (1.54%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.92%).
High Dividend: RCH's dividend (1.54%) is low compared to the top 25% of dividend payers in the Canadian market (6.49%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.2%), RCH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (15.9%), RCH's dividend payments are well covered by cash flows.