ReadCloud (ASX:RCL) Forward Dividend Yield % : 0.00% (As of May. 30, 2024)

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What is ReadCloud Forward Dividend Yield %?

As of today (2024-05-30), the Forward Annual Dividend Yield of ReadCloud is 0.00%.

As of today (2024-05-30), the Trailing Annual Dividend Yield of ReadCloud is 0.00%.

ASX:RCL's Forward Dividend Yield % is not ranked ^*
in the Software industry.
Industry Median: 2.02
* Ranked among companies with meaningful Forward Dividend Yield % only.

ReadCloud's Dividends per Share for the six months ended in Sep. 2023 was A$0.00.

The growth rate is calculated with least square regression.

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

Competitive Comparison of ReadCloud's Forward Dividend Yield %

For the Software - Application subindustry, ReadCloud'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.

ReadCloud's Forward Dividend Yield % Distribution in the Software Industry

For the Software industry and Technology sector, ReadCloud's Forward Dividend Yield % distribution charts can be found below:

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

ReadCloud Forward Dividend Yield % Calculation

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

ReadCloud (ASX:RCL) 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.

ReadCloud Forward Dividend Yield % Related Terms

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ReadCloud (ASX:RCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadCloud Ltd (ASX:RCL) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

126 Church Street, Level 1, Brighton, VIC, AUS, 3186

Website

https://www.readcloud.com

ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.