Racing Force Dividend
Dividend criteria checks 2/6
Racing Force is a dividend paying company with a current yield of 2.34% that is well covered by earnings.
Key information
2.3%
Dividend yield
48%
Payout ratio
Industry average yield | 5.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €0.19 |
Dividend yield forecast in 3Y | 3.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ALRFG has been paying a dividend for less than 10 years.
Growing Dividend: ALRFG's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
Racing Force Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (ALRFG) | 2.3% |
Market Bottom 25% (FR) | 1.9% |
Market Top 25% (FR) | 5.6% |
Industry Average (Leisure) | 5.6% |
Analyst forecast in 3 Years (ALRFG) | 3.1% |
Notable Dividend: ALRFG's dividend (2.34%) is higher than the bottom 25% of dividend payers in the French market (1.93%).
High Dividend: ALRFG's dividend (2.34%) is low compared to the top 25% of dividend payers in the French market (5.6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.3%), ALRFG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALRFG is paying a dividend but the company has no free cash flows.