REN - Redes Energéticas Nacionais SGPS Dividend
Dividend criteria checks 3/6
REN - Redes Energéticas Nacionais SGPS is a dividend paying company with a current yield of 6.43% that is well covered by earnings.
Key information
6.4%
Dividend yield
76%
Payout ratio
| Industry average yield | 5.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €0.154 |
| Earnings per share | €0.20 |
| Dividend yield forecast | 6.5% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0KBT's dividend payments have been volatile in the past 10 years.
Growing Dividend: 0KBT's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| REN - Redes Energéticas Nacionais SGPS Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0KBT) | 6.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.6% |
| Industry Average (Integrated Utilities) | 5.8% |
| Analyst forecast (0KBT) (up to 3 years) | 6.5% |
Notable Dividend: 0KBT's dividend (6.43%) is higher than the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: 0KBT's dividend (6.43%) is in the top 25% of dividend payers in the UK market (5.57%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (75.8%), 0KBT's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 0KBT is paying a dividend but the company has no free cash flows.