Redcentric Dividends and Buybacks
Dividend criteria checks 3/6
Redcentric is a dividend paying company with a current yield of 2.99%. Next payment date is on 24th January, 2025 with an ex-dividend date of 12th December, 2024.
Key information
3.0%
Dividend yield
-0.03%
Buyback Yield
| Total Shareholder Yield | 3.0% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 12.7% |
| Next dividend pay date | 24 Jan 25 |
| Ex dividend date | 12 Dec 24 |
| Dividend per share | UK£0.036 |
| Payout ratio | 933% |
Recent dividend and buyback updates
Recent updates
Redcentric plc's (LON:RCN) Price In Tune With Revenues
May 21
Some Confidence Is Lacking In Redcentric plc's (LON:RCN) P/E
Sep 21Redcentric plc's (LON:RCN) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 03Redcentric's (LON:RCN) Earnings Are Of Questionable Quality
Aug 16Estimating The Fair Value Of Redcentric plc (LON:RCN)
Jun 11What Kind Of Investors Own Most Of Redcentric plc (LON:RCN)?
Feb 22An Intrinsic Calculation For Redcentric plc (LON:RCN) Suggests It's 26% Undervalued
Jan 18
Have Insiders Been Selling Redcentric plc (LON:RCN) Shares This Year?
Dec 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RCN's dividend payments have been volatile in the past 10 years.
Growing Dividend: RCN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Redcentric Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RCN) | 3.0% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (IT) | 3.3% |
| Analyst forecast (RCN) (up to 3 years) | 3.0% |
Notable Dividend: RCN's dividend (2.99%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: RCN's dividend (2.99%) is low compared to the top 25% of dividend payers in the UK market (5.87%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (932.6%), RCN's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27%), RCN's dividend payments are well covered by cash flows.