Renesas Electronics Dividend
Dividend criteria checks 2/6
Renesas Electronics is a dividend paying company with a current yield of 0.88% that is well covered by earnings.
Key information
0.9%
Dividend yield
16%
Payout ratio
Industry average yield | 0.5% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$175.16 |
Dividend yield forecast in 3Y | 1.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether RNEC.Y's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if RNEC.Y's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Renesas Electronics Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (RNEC.Y) | 0.9% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Semiconductor) | 0.5% |
Analyst forecast in 3 Years (RNEC.Y) | 1.2% |
Notable Dividend: RNEC.Y's dividend (0.88%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.55%).
High Dividend: RNEC.Y's dividend (0.88%) is low compared to the top 25% of dividend payers in the US market (4.81%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (15.9%), RNEC.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.1%), RNEC.Y's dividend payments are thoroughly covered by cash flows.