What is Redcentric current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Redcentric Dividend Yield vs Market|
|Market Bottom 25% (GB)||1.9%|
|Market Top 25% (GB)||5.5%|
|Industry Average (IT)||3.1%|
|Analyst forecast in 3 Years (RCN)||3.1%|
Notable Dividend: RCN's dividend (2.63%) is higher than the bottom 25% of dividend payers in the UK market (1.91%).
High Dividend: RCN's dividend (2.63%) is low compared to the top 25% of dividend payers in the UK market (5.47%).
Stability and Growth of Payments
|Month||Dividend Per Share (annual)||Avg. Yield (%)|
Stable Dividend: RCN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RCN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.2%), RCN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (192.5%), RCN's dividend payments are not well covered by cash flows.