Racing Force Dividends and Buybacks
Dividend criteria checks 2/6
Racing Force is a dividend paying company with a current yield of 2.39% that is well covered by earnings.
Key information
2.4%
Dividend yield
-7.1%
Buyback Yield
| Total Shareholder Yield | -4.7% |
| Future Dividend Yield | 2.7% |
| Dividend Growth | 19.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.090 |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, X7Q has been paying a dividend for less than 10 years.
Growing Dividend: X7Q's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Racing Force Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (X7Q) | 2.4% |
| Market Bottom 25% (DE) | 1.8% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Leisure) | 3.4% |
| Analyst forecast (X7Q) (up to 3 years) | 2.7% |
Notable Dividend: X7Q's dividend (2.39%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: X7Q's dividend (2.39%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (46.4%), X7Q's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: X7Q is paying a dividend but the company has no free cash flows.