Renaissance Services SAOG Dividends and Buybacks
Dividend criteria checks 5/6
Renaissance Services SAOG is a dividend paying company with a current yield of 8.06% that is well covered by earnings.
Key information
8.1%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.9% |
| Dividend Growth | 21.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | ر.ع0.030 |
| Payout ratio | 54% |
Recent dividend and buyback 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RNSS) | 8.1% |
| Market Bottom 25% (OM) | 4.0% |
| Market Top 25% (OM) | 8.0% |
| Industry Average (Commercial Services) | 2.0% |
| Analyst forecast (RNSS) (up to 3 years) | 6.9% |
Notable Dividend: RNSS's dividend (8.06%) is higher than the bottom 25% of dividend payers in the OM market (3.98%).
High Dividend: RNSS's dividend (8.06%) is in the top 25% of dividend payers in the OM market (8.03%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.1%), RNSS's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.4%), RNSS's dividend payments are well covered by cash flows.