Reliance Dividend
Dividend criteria checks 4/6
Reliance is a dividend paying company with a current yield of 1.51% that is well covered by earnings.
Key information
1.5%
Dividend yield
19%
Payout ratio
Industry average yield | 3.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €21.87 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RS6's dividends per share have been stable in the past 10 years.
Growing Dividend: RS6's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Reliance Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (RS6) | 1.5% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Metals and Mining) | 3.8% |
Analyst forecast in 3 Years (RS6) | 1.2% |
Notable Dividend: RS6's dividend (1.51%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.66%).
High Dividend: RS6's dividend (1.51%) is low compared to the top 25% of dividend payers in the German market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (18.9%), RS6's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.9%), RS6's dividend payments are well covered by cash flows.