Renuka Hotels Dividend
Dividend criteria checks 0/6
Renuka Hotels is a dividend paying company with a current yield of 0.81%. Next payment date is on 18th October, 2024 with an ex-dividend date of 30th September, 2024.
Key information
0.8%
Dividend yield
7%
Payout ratio
| Industry average yield | 2.1% |
| Next dividend pay date | 18 Oct 24 |
| Ex dividend date | 30 Sep 24 |
| Dividend per share | LK₨0.750 |
| Earnings per share | LK₨6.87 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RCH.N0000 is not paying a notable dividend for the LK market, therefore no need to check if payments are stable.
Growing Dividend: RCH.N0000 is not paying a notable dividend for the LK market, therefore no need to check if payments are increasing.
Dividend Yield vs Market
| Renuka Hotels Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RCH.N0000) | 0.8% |
| Market Bottom 25% (LK) | 2.7% |
| Market Top 25% (LK) | 8.7% |
| Industry Average (Hospitality) | 2.1% |
| Analyst forecast (RCH.N0000) (up to 3 years) | n/a |
Notable Dividend: RCH.N0000's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the LK market (2.69%).
High Dividend: RCH.N0000's dividend (0.81%) is low compared to the top 25% of dividend payers in the LK market (8.66%).
Earnings Payout to Shareholders
Earnings Coverage: RCH.N0000 is not paying a notable dividend for the LK market.
Cash Payout to Shareholders
Cash Flow Coverage: RCH.N0000 is paying a dividend but the company has no free cash flows.