RENK Group Dividends and Buybacks

Dividend criteria checks 2/6

RENK Group is a dividend paying company with a current yield of 1.58%.

Key information

1.6%

Dividend yield

-0.3%

Buyback Yield

Total Shareholder Yield1.3%
Future Dividend Yield3.9%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareUS$0.324
Payout ratio147%

Recent dividend and buyback 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
How does RNKG.F dividend yield compare to the market?
SegmentDividend Yield
Company (RNKG.F)1.6%
Market Bottom 25% (US)1.3%
Market Top 25% (US)4.2%
Industry Average (Machinery)1.4%
Analyst forecast (RNKG.F) (up to 3 years)3.9%

Notable Dividend: RNKG.F's dividend (1.58%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: RNKG.F's dividend (1.58%) is low compared to the top 25% of dividend payers in the US market (4.2%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (147%), RNKG.F's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (45.9%), RNKG.F's dividend payments are well covered by cash flows.


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