Resources Global Development Dividend
Dividend criteria checks 2/6
Resources Global Development is a dividend paying company with a current yield of 3.33% that is well covered by earnings.
Key information
3.3%
Dividend yield
31%
Payout ratio
| Industry average yield | 5.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | S$0.007 |
| Earnings per share | S$0.021 |
| Dividend yield forecast | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, V7R has been paying a dividend for less than 10 years.
Growing Dividend: V7R's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Resources Global Development Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (V7R) | 3.3% |
| Market Bottom 25% (SG) | 2.7% |
| Market Top 25% (SG) | 6.0% |
| Industry Average (Trade Distributors) | 5.0% |
| Analyst forecast (V7R) (up to 3 years) | n/a |
Notable Dividend: V7R's dividend (3.33%) is higher than the bottom 25% of dividend payers in the SG market (2.66%).
High Dividend: V7R's dividend (3.33%) is low compared to the top 25% of dividend payers in the SG market (5.97%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), V7R's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: V7R is paying a dividend but the company has no free cash flows.