Russel Metals Dividends and Buybacks
Dividend criteria checks 5/6
Russel Metals is a dividend paying company with a current yield of 3.68% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 27th November, 2024.
Key information
3.7%
Dividend yield
5.2%
Buyback Yield
| Total Shareholder Yield | 8.9% |
| Future Dividend Yield | 4.2% |
| Dividend Growth | -3.3% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 27 Nov 24 |
| Dividend per share | €1.123 |
| Payout ratio | 54% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RMZ's dividends per share have been stable in the past 10 years.
Growing Dividend: RMZ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Russel Metals Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RMZ) | 3.7% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Trade Distributors) | 2.1% |
| Analyst forecast (RMZ) (up to 3 years) | 4.2% |
Notable Dividend: RMZ's dividend (3.68%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: RMZ's dividend (3.68%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54%), RMZ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.7%), RMZ's dividend payments are well covered by cash flows.