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Reinet Investments SCA (JSE:RNI) Forward Dividend Yield % : 1.48% (As of Jun. 04, 2024)


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What is Reinet Investments SCA Forward Dividend Yield %?

As of today (2024-06-04), the Forward Annual Dividend Yield of Reinet Investments SCA is 1.48%.

As of today (2024-06-04), the Trailing Annual Dividend Yield of Reinet Investments SCA is 1.28%.

JSE:RNI's Forward Dividend Yield % is ranked worse than
90.02% of 1202 companies
in the Asset Management industry
Industry Median: 5.885 vs JSE:RNI: 1.48

Reinet Investments SCA's Dividends per Share for the six months ended in Mar. 2024 was R0.00.

During the past 12 months, Reinet Investments SCA's average Dividends Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Reinet Investments SCA was 16.40% per year. The lowest was 2.50% per year. And the median was 5.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Reinet Investments SCA's Forward Dividend Yield %

For the Asset Management subindustry, Reinet Investments SCA's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reinet Investments SCA's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Reinet Investments SCA's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Reinet Investments SCA's Forward Dividend Yield % falls into.



Reinet Investments SCA Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Reinet Investments SCA Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
EUR 0.3000002023-09-132023-09-152023-09-20Cash DividendannuallyEUR:ZAR 20.240875

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Reinet Investments SCA's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=6.0722625/490.59
=1.24 %

Current Share Price is R490.59.
Reinet Investments SCA's Dividends per Share for the forward twelve months is calculated as R6.0722625 * 1 = R6.0722625.

Reinet Investments SCA's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=6.0722625/490.59
=1.24 %

Current Share Price is R490.59.
Reinet Investments SCA's Dividends per Share for the trailing twelve months (TTM) ended in Today is R6.0722625.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reinet Investments SCA  (JSE:RNI) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Reinet Investments SCA Forward Dividend Yield % Related Terms

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Reinet Investments SCA (JSE:RNI) Business Description

Traded in Other Exchanges
Address
35, Boulevard Prince Henri, Luxembourg, LUX, L-1724
Reinet Investments SCA is a Luxembourg-based closed-end, specialized investment fund (SIF). Its primary investment objective is to achieve long-term capital growth. The company focuses on investing in a wide range of asset classes, including listed and unlisted equities, bonds, real estate, and derivative instruments. It adopts a strategy to work with experienced partners to invest in unique opportunities focusing on value creation for investors. The company's principal source of earnings is the returns in the form of income and capital gains from the investments made through Reinet Fund and its subsidiaries.

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