Redde Northgate Dividend
Dividend criteria checks 5/6
Redde Northgate is a dividend paying company with a current yield of 5.75% that is well covered by earnings.
Key information
5.8%
Dividend yield
42%
Payout ratio
Industry average yield | 4.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.59 |
Dividend yield forecast in 3Y | 6.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 21W's dividend payments have been volatile in the past 10 years.
Growing Dividend: 21W's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Redde Northgate Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (21W) | 5.8% |
Market Bottom 25% (DE) | 1.6% |
Market Top 25% (DE) | 4.6% |
Industry Average (Transportation) | 4.5% |
Analyst forecast in 3 Years (21W) | 6.1% |
Notable Dividend: 21W's dividend (5.75%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: 21W's dividend (5.75%) is in the top 25% of dividend payers in the German market (4.65%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.3%), 21W's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (77.2%), 21W's dividend payments are covered by cash flows.