Redcentric Dividends and Buybacks
Dividend criteria checks 3/6
Redcentric is a dividend paying company with a current yield of 2.99%. Next payment date is on 24th January, 2025 with an ex-dividend date of 12th December, 2024.
Key information
3.0%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 12.7% |
| Next dividend pay date | 24 Jan 25 |
| Ex dividend date | 12 Dec 24 |
| Dividend per share | €0.036 |
| Payout ratio | 933% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6YD's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6YD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Redcentric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6YD) | 3.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (IT) | 3.2% |
| Analyst forecast (6YD) (up to 3 years) | 3.0% |
Notable Dividend: 6YD's dividend (2.99%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: 6YD's dividend (2.99%) is low compared to the top 25% of dividend payers in the German market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (932.6%), 6YD's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27%), 6YD's dividend payments are well covered by cash flows.