Polaris Renewable Energy Dividends and Buybacks
Dividend criteria checks 3/6
Polaris Renewable Energy is a dividend paying company with a current yield of 6.35%.
Key information
6.3%
Dividend yield
-0.1%
Buyback Yield
| Total Shareholder Yield | 6.2% |
| Future Dividend Yield | 6.3% |
| Dividend Growth | 2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.600 |
| Payout ratio | 176% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, RAMP.F has been paying a dividend for less than 10 years.
Growing Dividend: RAMP.F's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Polaris Renewable Energy Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RAMP.F) | 6.3% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Renewable Energy) | 1.9% |
| Analyst forecast (RAMP.F) (up to 3 years) | 6.3% |
Notable Dividend: RAMP.F's dividend (6.35%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: RAMP.F's dividend (6.35%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (176%), RAMP.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.5%), RAMP.F's dividend payments are well covered by cash flows.