Relx NV paid a total dividend of 396 million EUR last year, for a market capitalization of 15,099 millions.
Dividend per share of Relx NV is 0.41 EUR, and his stock market price 15.63 EUR.
According to the chart, where dividend yield is displayed, Relx NV has a dividend yield of 2.62%, which is lower than the amount offered by the market average , but bigger than Consumer Services industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.
About the ability of Relx NV to maintain his current dividend of EUR 0.41 per share, an amount that accounts for 2.62%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Relx NV payout on ernings is currently 41.00%, which is higher than the market average, but lower than companies of Consumer Services industry, which are 40.24% and 41.59% respectively. Both figures show that Relx NV should not have problems to continue paying his dividend.
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 NV is EUR 1.00 per share, which is higher than the dividend per share paid by the company of EUR 0.41, 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 NV, compared againt world market average, Netherlands companies, Consumer Services industry and Media sector companies. You might also need to check full financial report of Relx NV.
Remgro. South Africa. Industrials.Remy Cointreau. France. Consumer Goods.RenaissanceRe. USA. Financials.Renault. France. Consumer Goods.Rengo. Japan. Industrials.Renhe Commercial Hol. China. Financials.
RELX. UK. Consumer Services.Relo Holdings. Japan. Financials.Reliance Power. India. Utilities.Reliance Infrastruct. India. Utilities.Reliance Industries. India. Oil and Gas.Reliance Comm. India. Telecommunications.
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