Reaves Utility Income Fund Dividend
Dividend criteria checks 4/6
Reaves Utility Income Fund is a dividend paying company with a current yield of 8.09%. Next payment date is on 28th June, 2024 with an ex-dividend date of 17th June, 2024.
Key information
8.1%
Dividend yield
-237%
Payout ratio
Industry average yield | 2.9% |
Next dividend pay date | 28 Jun 24 |
Ex dividend date | 17 Jun 24 |
Dividend per share | n/a |
Earnings per share | -€0.94 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 074's dividends per share have been stable in the past 10 years.
Growing Dividend: 074's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Reaves Utility Income Fund Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (74) | 8.1% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.7% |
Industry Average (Capital Markets) | 2.9% |
Analyst forecast in 3 Years (74) | n/a |
Notable Dividend: 074's dividend (8.09%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 074's dividend (8.09%) is in the top 25% of dividend payers in the German market (4.68%)
Earnings Payout to Shareholders
Earnings Coverage: 074 is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (3726.2%), 074's dividend payments are not well covered by cash flows.