Redcentric Dividend

What is Redcentric current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.63%

Current Dividend Yield

Dividend Yield vs Market

Redcentric Dividend Yield vs Market
How does RCN dividend yield compare to the market?
SegmentDividend Yield
Company (RCN)2.6%
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

How stable has Redcentric's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
3/31/20240.0481
3/31/20230.0361
1/25/20230.0362.63
12/8/20220.0362.86
7/22/20220.0363.2
11/19/20210.0362.99
7/16/20210.0483.64
11/12/20200.0241.86
8/10/2020-0
7/21/2020-0
7/17/20190.022.07
11/22/20180.0081.07
11/29/2017-0
8/4/2017-0
6/29/2017-0
12/23/2016-0
10/15/2016-0
6/23/20160.0452.6
6/16/20160.0452.47
6/15/20150.052.72
12/3/20140.021.36
6/19/20140.010.83

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.


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