Renuka Agri Foods Dividend
Dividend criteria checks 3/6
Renuka Agri Foods is a dividend paying company with a current yield of 5.05% that is well covered by earnings.
Key information
5.0%
Dividend yield
13%
Payout ratio
Industry average yield | 4.8% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | -LK₨1.08 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RAL.N0000's dividend payments have been volatile in the past 10 years.
Growing Dividend: RAL.N0000's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Renuka Agri Foods Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RAL.N0000) | 5.0% |
Market Bottom 25% (LK) | 2.3% |
Market Top 25% (LK) | 7.5% |
Industry Average (Food) | 4.8% |
Analyst forecast in 3 Years (RAL.N0000) | n/a |
Notable Dividend: RAL.N0000's dividend (5.05%) is higher than the bottom 25% of dividend payers in the LK market (2.35%).
High Dividend: RAL.N0000's dividend (5.05%) is low compared to the top 25% of dividend payers in the LK market (7.54%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (13.4%), RAL.N0000's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RAL.N0000 is paying a dividend but the company has no free cash flows.