RE Royalties Dividend
Dividend criteria checks 2/6
RE Royalties is a dividend paying company with a current yield of 8.33%. Next payment date is on 22nd May, 2024 with an ex-dividend date of 30th April, 2024.
Key information
8.3%
Dividend yield
-62%
Payout ratio
| Industry average yield | 5.7% |
| Next dividend pay date | 22 May 24 |
| Ex dividend date | 30 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | -CA$0.065 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, RE has been paying a dividend for less than 10 years.
Growing Dividend: RE has only been paying a dividend for 5 years, and since then payments have not increased.
Dividend Yield vs Market
| RE Royalties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RE) | 8.3% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Renewable Energy) | 5.7% |
| Analyst forecast in 3 Years (RE) | n/a |
Notable Dividend: RE's dividend (8.33%) is higher than the bottom 25% of dividend payers in the Canadian market (1.92%).
High Dividend: RE's dividend (8.33%) is in the top 25% of dividend payers in the Canadian market (6.49%)
Earnings Payout to Shareholders
Earnings Coverage: RE is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: RE is paying a dividend but the company has no free cash flows.