Renishaw Dividend yield

Renishaw is part of Electronic and Electrical Equipment business, which is part of Industrials industry. Renishaw is a company from UK, and his stocks are publicly traded.

Renishaw stock dividend

Renishaw paid a total dividend of 53 million GBP last year, for a market value of 2,656 millions (Market Cap 1,242 millions). Renishaw dividend per share is 0.73 GBP, and his stock market price 36.38 GBP.

According to the chart below, where dividend yield is displayed, Renishaw has a dividend yield of 2.02%, lower than the amount offered by both the market average and companies from UK. 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 Renishaw stocks dividend with other Electronic and Electrical Equipment companies or other of the best UK dividend stocks list.

Renishaw Dividend Payout

About the ability of Renishaw to maintain his current dividend of GBP 0.73 per share, an amount that accounts for 2.02%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Renishaw payout on ernings is currently 42.20%, which is higher than the market average, and companies of Industrials industry, which are 39.34% and 37.26% respectively. Both figures show that Renishaw 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 last amount the one which can be distributed to shareholders. Cash flow per share of Renishaw is GBP 1.68 per share, which is higher than the dividend per share paid by the company of GBP 0.73, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Renishaw, compared againt world market average, UK companies, Industrials industry and Electronic and Electrical Equipment sector companies.

Renishaw Dividend History

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

Year	Yield	GBP	Paypout	Shares*
Present	2.02%	0.73	42.20%	73
2022	1.98%	0.73	41.95%	73
2021	1.38%	0.66	39.52%	73
2020	0.80%	0.46	0.00%	73
2019	1.59%	0.60	40.00%	73
2018	1.42%	0.60	29.56%	73

*In millions

Renishaw Stock performance

Finally, last moth Renishaw showed a return of -6.70% compared to a worldwide -2.49% average, and a -2.39% of Industrials firms. Over the last year, the company obtained a -1.60% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for UK and Electronic and Electrical Equipment firms.