RE Royalties Dividend
Dividend criteria checks 2/6
RE Royalties is a dividend paying company with a current yield of 8.7%.
Key information
8.7%
Dividend yield
-36%
Payout ratio
| Industry average yield | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.040 |
| Earnings per share | -CA$0.11 |
| Dividend yield forecast | n/a |
Recent dividend updates
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 6 years, and since then payments have not increased.
Dividend Yield vs Market
| RE Royalties Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RE) | 8.7% |
| Market Bottom 25% (CA) | 1.7% |
| Market Top 25% (CA) | 5.9% |
| Industry Average (Renewable Energy) | 4.7% |
| Analyst forecast (RE) (up to 3 years) | n/a |
Notable Dividend: RE's dividend (8.7%) is higher than the bottom 25% of dividend payers in the Canadian market (1.74%).
High Dividend: RE's dividend (8.7%) is in the top 25% of dividend payers in the Canadian market (5.78%)
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.