RENK Group Dividends and Buybacks
Dividend criteria checks 1/6
RENK Group is a dividend paying company with a current yield of 1.57%.
Key information
1.6%
Dividend yield
-0.3%
Buyback Yield
| Total Shareholder Yield | 1.3% |
| Future Dividend Yield | 3.9% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.300 |
| Payout ratio | 147% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (R3NK) | 1.6% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Machinery) | 3.6% |
| Analyst forecast (R3NK) (up to 3 years) | 3.9% |
Notable Dividend: R3NK's dividend (1.57%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.74%).
High Dividend: R3NK's dividend (1.57%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (147%), R3NK's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.9%), R3NK's dividend payments are well covered by cash flows.