Red River Bancshares Dividend
Dividend criteria checks 2/6
Red River Bancshares is a dividend paying company with a current yield of 0.72% that is well covered by earnings.
Key information
0.7%
Dividend yield
7%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.360 |
| Earnings per share | €4.72 |
| Dividend yield forecast | 0.7% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 7RR has been paying a dividend for less than 10 years.
Growing Dividend: 7RR's dividend payments have increased, but the company has only paid a dividend for 5 years.
Dividend Yield vs Market
| Red River Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (7RR) | 0.7% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Banks) | 2.4% |
| Analyst forecast (7RR) (up to 3 years) | 0.7% |
Notable Dividend: 7RR's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.62%).
High Dividend: 7RR's dividend (0.72%) is low compared to the top 25% of dividend payers in the German market (4.89%).
Current Payout to Shareholders
Earnings Coverage: With its low payout ratio (7.4%), 7RR's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 7RR's dividends in 3 years are forecast to be thoroughly covered by earnings (7.5% payout ratio).