Rai Way is a dividend paying company with a current yield of 6.02% that is well covered by earnings. Next payment date is on 22nd May, 2024 with an ex-dividend date of 20th May, 2024.
Key information
6.0%
Dividend yield
84%
Payout ratio
Industry average yield
4.5%
Next dividend pay date
22 May 24
Ex dividend date
20 May 24
Dividend per share
n/a
Earnings per share
€0.32
Dividend yield forecast in 3Y
6.2%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0R40 has been paying a dividend for less than 10 years.
Growing Dividend: 0R40's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
Rai Way Dividend Yield vs Market
How does 0R40 dividend yield compare to the market?
Segment
Dividend Yield
Company (0R40)
6.0%
Market Bottom 25% (GB)
2.2%
Market Top 25% (GB)
5.8%
Industry Average (Telecom)
4.5%
Analyst forecast in 3 Years (0R40)
6.2%
Notable Dividend: 0R40's dividend (6.02%) is higher than the bottom 25% of dividend payers in the UK market (2.17%).
High Dividend: 0R40's dividend (6.02%) is in the top 25% of dividend payers in the UK market (5.82%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (84.4%), 0R40's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (96.6%), 0R40's dividend payments are not well covered by cash flows.