RENK Group Dividend
Dividend criteria checks 1/6
RENK Group is a dividend paying company with a current yield of 1.47% that is well covered by earnings.
Key information
1.5%
Dividend yield
88%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.300 |
| Earnings per share | €0.34 |
| Dividend yield forecast | 3.5% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether R3NKD's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if R3NKD's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| RENK Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (R3NKD) | 1.5% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.6% |
| Industry Average (Machinery) | 2.3% |
| Analyst forecast (R3NKD) (up to 3 years) | 3.5% |
Notable Dividend: R3NKD's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: R3NKD's dividend (1.47%) is low compared to the top 25% of dividend payers in the UK market (5.59%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.2%), R3NKD's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (126.8%), R3NKD's dividend payments are not well covered by cash flows.