Red Rock Resorts Dividend
Dividend criteria checks 2/6
Red Rock Resorts is a dividend paying company with a current yield of 1.84% that is well covered by earnings.
Key information
1.8%
Dividend yield
33%
Payout ratio
Industry average yield | 3.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €2.97 |
Dividend yield forecast in 3Y | 1.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RRK has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RRK's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Red Rock Resorts Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RRK) | 1.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Hospitality) | 3.0% |
Analyst forecast in 3 Years (RRK) | 1.8% |
Notable Dividend: RRK's dividend (1.84%) is higher than the bottom 25% of dividend payers in the German market (1.68%).
High Dividend: RRK's dividend (1.84%) is low compared to the top 25% of dividend payers in the German market (4.61%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.9%), RRK's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RRK is paying a dividend but the company has no free cash flows.