Red Star Express Dividends and Buybacks
Dividend criteria checks 3/6
Red Star Express is a dividend paying company with a current yield of 5.51% that is well covered by earnings.
Key information
5.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ₦0.270 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: REDSTAREX's dividend payments have been volatile in the past 10 years.
Growing Dividend: REDSTAREX's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Red Star Express Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (REDSTAREX) | 5.5% |
| Market Bottom 25% (NG) | 1.6% |
| Market Top 25% (NG) | 6.4% |
| Industry Average (Logistics) | 6.7% |
| Analyst forecast (REDSTAREX) (up to 3 years) | n/a |
Notable Dividend: REDSTAREX's dividend (5.51%) is higher than the bottom 25% of dividend payers in the NG market (1.65%).
High Dividend: REDSTAREX's dividend (5.51%) is low compared to the top 25% of dividend payers in the NG market (6.4%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.8%), REDSTAREX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.4%), REDSTAREX's dividend payments are well covered by cash flows.