Renaissance Services SAOG Dividend
Dividend criteria checks 5/6
Renaissance Services SAOG is a dividend paying company with a current yield of 7.96% that is well covered by earnings.
Key information
8.0%
Dividend yield
53%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ر.ع0.056 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RNSS's dividend payments have been volatile in the past 10 years.
Growing Dividend: RNSS's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Renaissance Services SAOG Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RNSS) | 8.0% |
Market Bottom 25% (OM) | 4.0% |
Market Top 25% (OM) | 7.3% |
Industry Average (Commercial Services) | 1.9% |
Analyst forecast in 3 Years (RNSS) | 5.3% |
Notable Dividend: RNSS's dividend (7.96%) is higher than the bottom 25% of dividend payers in the OM market (3.97%).
High Dividend: RNSS's dividend (7.96%) is in the top 25% of dividend payers in the OM market (7.15%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (53.1%), RNSS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.1%), RNSS's dividend payments are covered by cash flows.