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Ridley (ASX:RIC) Forward Dividend Yield % : 4.23% (As of Jun. 06, 2024)


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What is Ridley Forward Dividend Yield %?

As of today (2024-06-06), the Forward Annual Dividend Yield of Ridley is 4.23%.

As of today (2024-06-06), the Trailing Annual Dividend Yield of Ridley is 4.16%.

ASX:RIC's Forward Dividend Yield % is ranked better than
75.88% of 1078 companies
in the Consumer Packaged Goods industry
Industry Median: 2.56 vs ASX:RIC: 4.23

Ridley's Dividends per Share for the six months ended in Dec. 2023 was A$0.04.

During the past 12 months, Ridley's average Dividends Per Share Growth Rate was 12.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 23.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ridley was 61.80% per year. The lowest was -41.50% per year. And the median was 2.35% 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 Ridley's Forward Dividend Yield %

For the Packaged Foods subindustry, Ridley'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.


Ridley's Forward Dividend Yield % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ridley's Forward Dividend Yield % distribution charts can be found below:

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



Ridley Forward Dividend Yield % Calculation

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

Ridley Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0440002024-04-032024-04-042024-04-24Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0425002023-10-042023-10-052023-10-26Cash Dividendsemi-annuallyAUD:AUD 1.000000

* 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.

Ridley's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.088/2.05
=4.29 %

Current Share Price is A$2.05.
Ridley's Dividends per Share for the forward twelve months is calculated as A$0.044 * 2 = A$0.088.

Ridley's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.0865/2.05
=4.22 %

Current Share Price is A$2.05.
Ridley's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.0865.

* 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.


Ridley  (ASX:RIC) 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.


Ridley Forward Dividend Yield % Related Terms

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Ridley (ASX:RIC) Business Description

Traded in Other Exchanges
Address
565 Bourke Street, Level 4, Melbourne, VIC, AUS, 3000
Ridley Corp Ltd engages in the production and marketing of stock feed and animal feed supplements. The company's operating segments include Bulk Stockfeeds and Packaged Feeds and Ingredients. The Bulk Stockfeeds segment comprises the Group's animal nutrition stockfeed solutions delivered in bulk. This includes monogastric and ruminant feeds, such as pellets, meals, concentrates, and premixes for poultry, pigs, dairy cattle, beef cattle, and sheep. Packaged Feeds and Ingredients segment comprises the Group's animal nutrition feed and ingredient solutions delivered in packaged form. This includes bagged poultry, dairy, dog, horse, and lifestyle animal feeds, as well as block and loose lick supplements; and aquafeed. It generates the majority of its revenue from the Bulk Stockfeeds segment.

Ridley (ASX:RIC) Headlines

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