RenaissanceRe Dividend yield




   USD/share 
 Price  139.40
 Dividend  1.44
 Earnings  15.49
 Cash-flow  42.24
 Book value  154.89
 Equity  131.27

RenaissanceRe is part of Nonlife Insurance business, which is part of Financials industry. RenaissanceRe is a company from USA, and his stocks are publicly traded.

RenaissanceRe paid a total dividend of 68 million USD last year, for a market value of 6,552 millions (Market Cap 6,482 millions). Dividend per share of RenaissanceRe is 1.44 USD, and his stock market price 139.40 USD.

According to the chart below, where dividend yield is displayed, RenaissanceRe has a dividend yield of 1.03%, lower than the amount offered by both the market average and companies from USA. 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 RenaissanceRe dividend yield with other Nonlife Insurance companies or firms from USA.

Dividend yield of RenaissanceRe

RenaissanceRe Dividend Payout

About the ability of RenaissanceRe to maintain his current dividend of USD 1.44 per share, an amount that accounts for 1.03%, we should study its payout ratio both on earnings and on cash-flows (see chart below). RenaissanceRe payout on ernings is currently 9.30%, which is lower than the market average and companies of Financials industry, which are 39.27% and 39.00% respectively. Both figures lead us to believe that there is confidence that RenaissanceRecan 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 RenaissanceRe is USD 42.24 per share, which is higher than the dividend per share paid by the company of USD 1.44, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of RenaissanceRe, compared againt world market average, USA companies, Financials industry and Nonlife Insurance sector companies.

RenaissanceRe payout

RenaissanceRe Dividend History

Year Yield  USD  Paypout  Shares* 
Present1.03%1.449.30%47
20200.84%1.3910.15%51
20190.69%1.3530.61%44
20180.99%1.32-25.68%40
20171.02%1.2810.90%41
20160.95%1.2412.63%41
20151.08%1.2010.94%46

*In millions

RenaissanceRe Stock performance

Finally, last moth RenaissanceRe showed a return of -11.10% compared to a worldwide -1.33% average, and a -1.33% of Financials firms. Over the last year, the company obtained a -17.90% versus a worldwide performance of a 31.58%. More detailed information can be seen in the following graph for USA and Nonlife Insurance firms.

RenaissanceRe stock and market return