Railcare Group Dividend

Dividend criteria checks 3/6

Railcare Group is a dividend paying company with a current yield of 2.49% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 10th May, 2024.

Key information

2.5%

Dividend yield

38%

Payout ratio

Industry average yield3.8%
Next dividend pay date16 May 24
Ex dividend date10 May 24
Dividend per sharen/a
Earnings per sharekr1.82
Dividend yield forecast in 3Y2.5%

Recent dividend updates

Recent updates

Railcare Group's (STO:RAIL) Upcoming Dividend Will Be Larger Than Last Year's

May 04
Railcare Group's (STO:RAIL) Upcoming Dividend Will Be Larger Than Last Year's

Railcare Group (STO:RAIL) Will Pay A Larger Dividend Than Last Year At SEK0.70

Apr 20
Railcare Group (STO:RAIL) Will Pay A Larger Dividend Than Last Year At SEK0.70

Railcare Group's (STO:RAIL) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 06
Railcare Group's (STO:RAIL) Shareholders Will Receive A Bigger Dividend Than Last Year

Returns On Capital Are Showing Encouraging Signs At Railcare Group (STO:RAIL)

Nov 15
Returns On Capital Are Showing Encouraging Signs At Railcare Group (STO:RAIL)

Railcare Group (STO:RAIL) Has Affirmed Its Dividend Of SEK0.60

Apr 05
Railcare Group (STO:RAIL) Has Affirmed Its Dividend Of SEK0.60

Railcare Group (STO:RAIL) Has Affirmed Its Dividend Of SEK0.60

Feb 21
Railcare Group (STO:RAIL) Has Affirmed Its Dividend Of SEK0.60

Does Railcare Group (STO:RAIL) Have A Healthy Balance Sheet?

Feb 19
Does Railcare Group (STO:RAIL) Have A Healthy Balance Sheet?

Railcare Group (STO:RAIL) Is Due To Pay A Dividend Of kr0.60

Apr 28
Railcare Group (STO:RAIL) Is Due To Pay A Dividend Of kr0.60

We Think That There Are More Issues For Railcare Group (STO:RAIL) Than Just Sluggish Earnings

Apr 21
We Think That There Are More Issues For Railcare Group (STO:RAIL) Than Just Sluggish Earnings

Railcare Group (STO:RAIL) Is Due To Pay A Dividend Of kr0.60

Mar 31
Railcare Group (STO:RAIL) Is Due To Pay A Dividend Of kr0.60

Railcare Group (STO:RAIL) Is Due To Pay A Dividend Of kr0.60

Feb 22
Railcare Group (STO:RAIL) Is Due To Pay A Dividend Of kr0.60

Railcare Group (STO:RAIL) Could Easily Take On More Debt

Jul 13
Railcare Group (STO:RAIL) Could Easily Take On More Debt

Should You Be Adding Railcare Group (STO:RAIL) To Your Watchlist Today?

Jun 14
Should You Be Adding Railcare Group (STO:RAIL) To Your Watchlist Today?

The Return Trends At Railcare Group (STO:RAIL) Look Promising

May 20
The Return Trends At Railcare Group (STO:RAIL) Look Promising

Is Railcare Group (STO:RAIL) A Risky Investment?

Mar 30
Is Railcare Group (STO:RAIL) A Risky Investment?

Here's Why I Think Railcare Group (STO:RAIL) Is An Interesting Stock

Mar 16
Here's Why I Think Railcare Group (STO:RAIL) Is An Interesting Stock

Railcare Group AB (publ)'s (STO:RAIL) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Mar 01
Railcare Group AB (publ)'s (STO:RAIL) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

Returns On Capital At Railcare Group (STO:RAIL) Paint An Interesting Picture

Feb 04
Returns On Capital At Railcare Group (STO:RAIL) Paint An Interesting Picture

Does Railcare Group AB (publ) (STO:RAIL) Have A Place In Your Dividend Portfolio?

Jan 04
Does Railcare Group AB (publ) (STO:RAIL) Have A Place In Your Dividend Portfolio?

Does Railcare Group's (STO:RAIL) Share Price Gain of 27% Match Its Business Performance?

Dec 14
Does Railcare Group's (STO:RAIL) Share Price Gain of 27% Match Its Business Performance?

Here's Why Railcare Group (STO:RAIL) Can Manage Its Debt Responsibly

Nov 30
Here's Why Railcare Group (STO:RAIL) Can Manage Its Debt Responsibly

Upcoming Dividend Payment

TodayMay 08 2024Ex Dividend DateMay 10 2024Dividend Pay DateMay 16 20246 days from Ex DividendBuy in the next 2 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: RAIL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: RAIL's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Railcare Group Dividend Yield vs Market
How does RAIL dividend yield compare to the market?
SegmentDividend Yield
Company (RAIL)2.5%
Market Bottom 25% (SE)1.5%
Market Top 25% (SE)4.3%
Industry Average (Infrastructure)3.8%
Analyst forecast in 3 Years (RAIL)2.5%

Notable Dividend: RAIL's dividend (2.49%) is higher than the bottom 25% of dividend payers in the Swedish market (1.52%).

High Dividend: RAIL's dividend (2.49%) is low compared to the top 25% of dividend payers in the Swedish market (4.29%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (38.4%), RAIL's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (72.9%), RAIL's dividend payments are covered by cash flows.


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