RHI Magnesita Dividend
Dividend criteria checks 3/6
RHI Magnesita is a dividend paying company with a current yield of 4.15% that is well covered by earnings. Next payment date is on 13th June, 2024 with an ex-dividend date of 16th May, 2024.
Key information
4.2%
Dividend yield
51%
Payout ratio
Industry average yield | 3.3% |
Next dividend pay date | 13 Jun 24 |
Ex dividend date | 16 May 24 |
Dividend per share | n/a |
Earnings per share | €3.49 |
Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RHF has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RHF's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
RHI Magnesita Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RHF) | 4.2% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Basic Materials) | 3.3% |
Analyst forecast in 3 Years (RHF) | 5.1% |
Notable Dividend: RHF's dividend (4.15%) is higher than the bottom 25% of dividend payers in the German market (1.62%).
High Dividend: RHF's dividend (4.15%) is low compared to the top 25% of dividend payers in the German market (4.62%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.5%), RHF's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.5%), RHF's dividend payments are well covered by cash flows.