Recordati Industria Chimica e Farmaceutica Dividends and Buybacks
Dividend criteria checks 5/6
Recordati Industria Chimica e Farmaceutica is a dividend paying company with a current yield of 2.3% that is well covered by earnings. Next payment date is on 5th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
2.3%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 2.6% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | -0.5% |
| Next dividend pay date | 05 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | US$1.304 |
| Payout ratio | 60% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RICF.Y's dividends per share have been stable in the past 10 years.
Growing Dividend: RICF.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Recordati Industria Chimica e Farmaceutica Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RICF.Y) | 2.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Pharmaceuticals) | 2.4% |
| Analyst forecast (RICF.Y) (up to 3 years) | 3.2% |
Notable Dividend: RICF.Y's dividend (2.3%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: RICF.Y's dividend (2.3%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.9%), RICF.Y's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.5%), RICF.Y's dividend payments are covered by cash flows.