Red Star Express Dividend
Dividend criteria checks 3/6
Red Star Express is a dividend paying company with a current yield of 3.85% that is well covered by earnings.
Key information
3.8%
Dividend yield
58%
Payout ratio
Industry average yield | 7.6% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ₦0.28 |
Dividend yield forecast in 3Y | n/a |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (REDSTAREX) | 3.8% |
Market Bottom 25% (NG) | 2.1% |
Market Top 25% (NG) | 7.1% |
Industry Average (Logistics) | 7.6% |
Analyst forecast in 3 Years (REDSTAREX) | n/a |
Notable Dividend: REDSTAREX's dividend (3.85%) is higher than the bottom 25% of dividend payers in the NG market (2.1%).
High Dividend: REDSTAREX's dividend (3.85%) is low compared to the top 25% of dividend payers in the NG market (7.07%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.1%), REDSTAREX's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.6%), REDSTAREX's dividend payments are well covered by cash flows.