Renesas Electronics Dividend
Dividend criteria checks 2/6
Renesas Electronics is a dividend paying company with a current yield of 1.32% that is well covered by earnings.
Key information
1.3%
Dividend yield
18%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.188 |
| Earnings per share | US$156.88 |
| Dividend yield forecast | 1.8% |
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RNEC.Y) | 1.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Semiconductor) | 0.6% |
| Analyst forecast (RNEC.Y) (up to 3 years) | 1.8% |
Notable Dividend: RNEC.Y's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: RNEC.Y's dividend (1.32%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (17.7%), RNEC.Y's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (16.5%), RNEC.Y's dividend payments are well covered by cash flows.