Reunert paid a total dividend of 803 million ZAR last year, for a market capitalization of 12,464 millions.
Dividend per share of Reunert is 4.39 ZAR, and his stock market price 68.11 ZAR.
According to the chart, where dividend yield is displayed, Reunert has a dividend yield of 6.45%, which is higher than the amount offered by both the market average and companies from South Africa. It is also bigger than average of Industrials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.
About the ability of Reunert to maintain his current dividend of ZAR 4.39 per share, an amount that accounts for 6.45%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Reunert payout on ernings is currently 82.52%, which is higher than the market average, and companies of Industrials industry, which are 40.24% and 35.56% respectively. Both figures show that Reunert 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 Reunert is ZAR 4.54 per share, which is higher than the dividend per share paid by the company of ZAR 4.39, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Reunert, compared againt world market average, South Africa companies, Industrials industry and Electronic and Electrical Equipment sector companies. You might also need to check full financial report of Reunert.
Rexam. UK. Industrials.Rexel S.A.. France. Industrials.Reynolds American. USA. Consumer Goods.RHB Capital. Malaysia. Financials.Richemont A (Br). Switzerland. Consumer Goods.Richter. Hungary. Health Care.
Restaurant Brands In. Canada. Consumer Services.Resorttrust. Japan. Consumer Services.Resona Holdings. Japan. Financials.Resmed Inc. USA. Health Care.Resilient REIT Ltd. South Africa. Financials.Republic Services. USA. Industrials.
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