Racing Force Dividend
Dividend criteria checks 2/6
Racing Force is a dividend paying company with a current yield of 2.25% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 13th May, 2024.
Key information
2.3%
Dividend yield
48%
Payout ratio
| Industry average yield | 3.4% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 13 May 24 |
| Dividend per share | n/a |
| Earnings per share | €0.19 |
| Dividend yield forecast in 3Y | 3.6% |
Recent dividend updates
Recent updates
Racing Force's (BIT:RFG) Weak Earnings May Only Reveal A Part Of The Whole Picture
Apr 26
The Returns On Capital At Racing Force (BIT:RFG) Don't Inspire Confidence
Mar 15We Think That There Are Issues Underlying Racing Force's (BIT:RFG) Earnings
Apr 26Racing Force S.P.A. (BIT:RFG) Annual Results: Here's What Analysts Are Forecasting For This Year
Apr 23Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, RFG has been paying a dividend for less than 10 years.
Growing Dividend: RFG's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Racing Force Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RFG) | 2.3% |
| Market Bottom 25% (IT) | 1.9% |
| Market Top 25% (IT) | 5.7% |
| Industry Average (Leisure) | 3.4% |
| Analyst forecast in 3 Years (RFG) | 3.6% |
Notable Dividend: RFG's dividend (2.25%) is higher than the bottom 25% of dividend payers in the Italian market (1.93%).
High Dividend: RFG's dividend (2.25%) is low compared to the top 25% of dividend payers in the Italian market (5.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (48.3%), RFG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RFG is paying a dividend but the company has no free cash flows.