RHI Magnesita Dividend
Dividend criteria checks 3/6
RHI Magnesita is a dividend paying company with a current yield of 4.14% that is well covered by earnings. Next payment date is on 13th June, 2024 with an ex-dividend date of 16th May, 2024.
Key information
4.1%
Dividend yield
51%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | 13 Jun 24 |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | UK£3.49 |
| Dividend yield forecast in 3Y | 5.1% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RHIML has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RHIML's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| RHI Magnesita Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RHIML) | 4.1% |
| Market Bottom 25% (GB) | 2.0% |
| Market Top 25% (GB) | 5.7% |
| Industry Average (Basic Materials) | 4.0% |
| Analyst forecast in 3 Years (RHIML) | 5.1% |
Notable Dividend: RHIML's dividend (4.14%) is higher than the bottom 25% of dividend payers in the UK market (2.02%).
High Dividend: RHIML's dividend (4.14%) is low compared to the top 25% of dividend payers in the UK market (5.65%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.5%), RHIML's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.5%), RHIML's dividend payments are well covered by cash flows.