RENK Group Dividend
Dividend criteria checks 1/6
RENK Group is a dividend paying company with a current yield of 1.16%.
Key information
1.2%
Dividend yield
93%
Payout ratio
Industry average yield | 3.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.32 |
Dividend yield forecast in 3Y | 2.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether R3NK's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if R3NK's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
RENK Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (R3NK) | 1.2% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Machinery) | 3.4% |
Analyst forecast in 3 Years (R3NK) | 2.7% |
Notable Dividend: R3NK's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.63%).
High Dividend: R3NK's dividend (1.16%) is low compared to the top 25% of dividend payers in the German market (4.64%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (92.9%), R3NK's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (62.4%), R3NK's dividend payments are covered by cash flows.