Redeia Corporación Dividends and Buybacks
Dividend criteria checks 4/6
Redeia Corporación is a dividend paying company with a current yield of 5.44% that is well covered by earnings. Next payment date is on 7th January, 2025 with an ex-dividend date of 3rd January, 2025.
Key information
5.4%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 5.1% |
| Dividend Growth | 3.8% |
| Next dividend pay date | 07 Jan 25 |
| Ex dividend date | 03 Jan 25 |
| Dividend per share | €0.927 |
| Payout ratio | 83% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 0RI5's dividends per share have been stable in the past 10 years.
Growing Dividend: 0RI5's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Redeia Corporación Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0RI5) | 5.4% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (Electric Utilities) | 4.9% |
| Analyst forecast (0RI5) (up to 3 years) | 5.1% |
Notable Dividend: 0RI5's dividend (5.44%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0RI5's dividend (5.44%) is low compared to the top 25% of dividend payers in the UK market (5.77%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83%), 0RI5's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (566.1%), 0RI5's dividend payments are not well covered by cash flows.