Royalty Pharma is a dividend paying company with a current yield of 2.99% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 16th May, 2024.
Key information
3.0%
Dividend yield
32%
Payout ratio
Industry average yield
2.3%
Next dividend pay date
14 Jun 24
Ex dividend date
16 May 24
Dividend per share
n/a
Earnings per share
€2.52
Dividend yield forecast in 3Y
3.3%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, RPD has been paying a dividend for less than 10 years.
Growing Dividend: RPD's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
Royalty Pharma Dividend Yield vs Market
How does RPD dividend yield compare to the market?
Segment
Dividend Yield
Company (RPD)
3.0%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.7%
Industry Average (Pharmaceuticals)
2.3%
Analyst forecast in 3 Years (RPD)
3.3%
Notable Dividend: RPD's dividend (2.99%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: RPD's dividend (2.99%) is low compared to the top 25% of dividend payers in the German market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.6%), RPD's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.9%), RPD's dividend payments are covered by cash flows.