Raketech Group Holding Dividend
Dividend criteria checks 4/6
Raketech Group Holding is a dividend paying company with a current yield of 10.22% that is well covered by earnings. Next payment date is on 24th June, 2024 with an ex-dividend date of 17th June, 2024.
Key information
10.2%
Dividend yield
64%
Payout ratio
| Industry average yield | 3.0% |
| Next dividend pay date | 24 Jun 24 |
| Ex dividend date | 17 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | kr0.16 |
| Dividend yield forecast in 3Y | 22.4% |
Recent dividend updates
Recent updates
Market Cool On Raketech Group Holding PLC's (STO:RAKE) Earnings Pushing Shares 29% Lower
May 03
Is There An Opportunity With Raketech Group Holding PLC's (STO:RAKE) 45% Undervaluation?
Apr 04We Think Raketech Group Holding (STO:RAKE) Can Stay On Top Of Its Debt
Jan 23Calculating The Intrinsic Value Of Raketech Group Holding PLC (STO:RAKE)
Dec 28Does Raketech Group Holding (STO:RAKE) Have A Healthy Balance Sheet?
Jul 16What Is Raketech Group Holding PLC's (STO:RAKE) Share Price Doing?
Apr 29There Are Reasons To Feel Uneasy About Raketech Group Holding's (STO:RAKE) Returns On Capital
May 05Is It Too Late To Consider Buying Raketech Group Holding PLC (STO:RAKE)?
Apr 07Raketech Group Holding (STO:RAKE) Has A Pretty Healthy Balance Sheet
Mar 23Is Raketech Group Holding PLC's (STO:RAKE) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Mar 08Johan Per Svensson Is The Founder of Raketech Group Holding PLC (STO:RAKE) And Just Spent €157k On Shares
Feb 19If You Had Bought Raketech Group Holding (STO:RAKE) Stock A Year Ago, You Could Pocket A 49% Gain Today
Feb 06Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether RAKE's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if RAKE's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Raketech Group Holding Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RAKE) | 10.2% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.3% |
| Industry Average (Hospitality) | 3.0% |
| Analyst forecast in 3 Years (RAKE) | 22.4% |
Notable Dividend: RAKE's dividend (10.22%) is higher than the bottom 25% of dividend payers in the Swedish market (1.53%).
High Dividend: RAKE's dividend (10.22%) is in the top 25% of dividend payers in the Swedish market (4.33%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (64.2%), RAKE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (27.3%), RAKE's dividend payments are well covered by cash flows.