RENK Group Dividend
Dividend criteria checks 1/6
RENK Group is a dividend paying company with a current yield of 1.22% that is well covered by earnings.
Key information
1.2%
Dividend yield
88%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.324 |
Earnings per share | US$0.34 |
Dividend yield forecast in 3Y | 2.9% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether RNKG.F's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if RNKG.F's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
RENK Group Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RNKG.F) | 1.2% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.4% |
Industry Average (Machinery) | 1.7% |
Analyst forecast in 3 Years (RNKG.F) | 2.9% |
Notable Dividend: RNKG.F's dividend (1.22%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: RNKG.F's dividend (1.22%) is low compared to the top 25% of dividend payers in the US market (4.43%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (88.2%), RNKG.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (126.8%), RNKG.F's dividend payments are not well covered by cash flows.