Reinet Investments Dividend yield

Reinet Investments is part of Financial Services business, which is part of Financials industry. Reinet Investments is a company from South Africa, and his stocks are publicly traded.

Reinet Investments stock dividend

Reinet Investments paid a total dividend of 935 million ZAR last year, for a market value of 79,258 millions (Market Cap 54,700 millions). Reinet Investments dividend per share is 4.77 ZAR, and his stock market price 404.38 ZAR.

According to the chart below, where dividend yield is displayed, Reinet Investments has a dividend yield of 1.18%, lower than the amount offered by both the market average and companies from South Africa. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Reinet Investments stocks dividend with other Financial Services companies or other of the best South Africa dividend stocks list.

Reinet Investments Dividend Payout

About the ability of Reinet Investments to maintain his current dividend of ZAR 4.77 per share, an amount that accounts for 1.18%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Reinet Investments payout on ernings is currently -37.86%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Reinet Investmentscan 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 Reinet Investments is ZAR 6.08 per share, which is higher than the dividend per share paid by the company of ZAR 4.77, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Reinet Investments, compared againt world market average, South Africa companies, Financials industry and Financial Services sector companies.

Reinet Investments Dividend History

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

Year	Yield	ZAR	Paypout	Shares*
Present	1.18%	4.77	-37.86%	196
2022	1.46%	4.78	8.62%	196
2021	1.50%	4.29	4.50%	196
2020	1.43%	3.94	-12.87%	196

*In millions

Reinet Investments Stock performance

Finally, last moth Reinet Investments showed a return of -6.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 43.80% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for South Africa and Financial Services firms.