Recordati Industria Chimica e Farmaceutica Dividend
Dividend criteria checks 4/6
Recordati Industria Chimica e Farmaceutica is a dividend paying company with a current yield of 2.43% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
2.4%
Dividend yield
63%
Payout ratio
Industry average yield
2.4%
Next dividend pay date
22 May 24
Ex dividend date
20 May 24
Dividend per share
n/a
Earnings per share
€1.89
Dividend yield forecast in 3Y
3.4%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RER1's dividends per share have been stable in the past 10 years.
Growing Dividend: RER1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Recordati Industria Chimica e Farmaceutica Dividend Yield vs Market
How does RER1 dividend yield compare to the market?
Segment
Dividend Yield
Company (RER1)
2.4%
Market Bottom 25% (DE)
1.6%
Market Top 25% (DE)
4.7%
Industry Average (Pharmaceuticals)
2.4%
Analyst forecast in 3 Years (RER1)
3.4%
Notable Dividend: RER1's dividend (2.43%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: RER1's dividend (2.43%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.4%), RER1's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (241.3%), RER1's dividend payments are not well covered by cash flows.