Renishaw Dividends and Buybacks
Dividend criteria checks 3/6
Renishaw is a dividend paying company with a current yield of 2.43% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 31st October, 2024.
Key information
2.4%
Dividend yield
0%
Buyback Yield
Total Shareholder Yield | 2.4% |
Future Dividend Yield | 2.9% |
Dividend Growth | 1.2% |
Next dividend pay date | 05 Dec 24 |
Ex dividend date | 31 Oct 24 |
Dividend per share | €0.901 |
Payout ratio | 57% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: REW's dividend payments have been volatile in the past 10 years.
Growing Dividend: REW's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Renishaw Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (REW) | 2.4% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.8% |
Industry Average (Electronic) | 2.0% |
Analyst forecast (REW) (up to 3 years) | 2.9% |
Notable Dividend: REW's dividend (2.43%) is higher than the bottom 25% of dividend payers in the German market (1.73%).
High Dividend: REW's dividend (2.43%) is low compared to the top 25% of dividend payers in the German market (4.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (57.2%), REW's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (113%), REW's dividend payments are not well covered by cash flows.