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 Yield | 1.3% |
Future Dividend Yield | 3.9% |
Dividend Growth | n/a |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | US$0.324 |
Payout ratio | 147% |
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 |
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Segment | Dividend 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.