Reece Dividend yield

 Price  20.40
 Dividend  0.23
 Earnings  0.70
 Cash-flow  1.19
 Book value  5.67
 Equity  5.38

Reece is part of Industrial Transportation business, which is part of Industrials industry. Reece is a company from Australia, and his stocks are publicly traded.

Reece stock dividend

Reece paid a total dividend of 149 million AUD last year, for a market value of 13,178 millions (Market Cap 4,340 millions). Reece dividend per share is 0.23 AUD, and his stock market price 20.40 AUD.

According to the chart below, where dividend yield is displayed, Reece has a dividend yield of 1.13%, lower than the amount offered by both the market average and companies from Australia. It is also lower than average of Industrials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Reece stocks dividend with other Industrial Transportation companies or other of the best Australia dividend stocks list.

Dividend yield of Reece

Reece Dividend Payout

About the ability of Reece to maintain his current dividend of AUD 0.23 per share, an amount that accounts for 1.13%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Reece payout on ernings is currently 32.86%, which is lower than the market average and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures lead us to believe that there is confidence that Reececan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Reece is AUD 1.19 per share, which is higher than the dividend per share paid by the company of AUD 0.23, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Reece, compared againt world market average, Australia companies, Industrials industry and Industrial Transportation sector companies.

Reece payout

Reece Dividend History

Below you will find a table with the historical evolution of Reece's dividend stock, both in percentage and in AUD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  AUD  Paypout  Shares* 

*In millions

Reece Stock performance

Finally, last moth Reece showed a return of 4.10% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a 27.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Australia and Industrial Transportation firms.

Reece stock and market return