|GBP per share|
RELX paid a total dividend of 357 million GBP last year, for a market capitalization of 16,922 millions. Dividend per share of RELX is 0.33 GBP, and his stock market price 15.64 GBP.
According to the chart below, where dividend yield is displayed, RELX has a dividend yield of 2.08%, lower than the amount offered by both the market average and companies from UK. It is also lower than average of Consumer Services industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
About the ability of RELX to maintain his current dividend of GBP 0.33 per share, an amount that accounts for 2.08%, we should study its payout ratio both on earnings and on cash-flows (see chart below). RELX payout on ernings is currently 42.31%, which is higher than the market average, and companies of Consumer Services industry, which are 39.68% and 39.75% respectively. Both figures show that RELX can have problems to keep with his present dividend yield.
The payout on earnings should be complemented with the payout on cash flow since it is this latter amount the one which can be distributed to shareholders. Cash flow per share of RELX is GBP 0.80 per share, which is higher than the dividend per share paid by the company of GBP 0.33, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of RELX, compared againt world market average, UK companies, Consumer Services industry and Media sector companies. You might also need to check full financial report of RELX.
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Relo Holdings. Japan. Financials.Reliance Power. India. Utilities.Reliance Infrastruct. India. Utilities.Reliance Industries. India. Oil and Gas.Reliance Comm. India. Telecommunications.Reliance Capital. India. Financials.
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