ReadyTech Holdings (ASX:RDY) Forward Dividend Yield % : 0.00% (As of May. 28, 2024)

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What is ReadyTech Holdings Forward Dividend Yield %?

As of today (2024-05-28), the Forward Annual Dividend Yield of ReadyTech Holdings is 0.00%.

As of today (2024-05-28), the Trailing Annual Dividend Yield of ReadyTech Holdings is 0.00%.

ASX:RDY's Forward Dividend Yield % is not ranked ^*
in the Software industry.
Industry Median: 2.04
* Ranked among companies with meaningful Forward Dividend Yield % only.

ReadyTech Holdings's Dividends per Share for the six months ended in Dec. 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 ReadyTech Holdings's Forward Dividend Yield %

For the Software - Application subindustry, ReadyTech Holdings'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.

ReadyTech Holdings's Forward Dividend Yield % Distribution in the Software Industry

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

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

ReadyTech Holdings Forward Dividend Yield % Calculation

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

ReadyTech Holdings (ASX:RDY) 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.

ReadyTech Holdings Forward Dividend Yield % Related Terms

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ReadyTech Holdings (ASX:RDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadyTech Holdings Ltd (ASX:RDY) » Definitions » Forward Dividend Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 King Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.readytech.com.au

ReadyTech Holdings Ltd is a provider of people management software for educators, employers, and facilitators of career transitions. Its products are JR Plus, A2E, HR3, ePayroll, JR Gov, Aussiepay, and others. The company's operating segments include Education and Work pathways, Workforce Solutions, and Government and Justice. It generates maximum revenue from the Education segment. The education segment mainly provides products and services to tertiary education providers. Its Workforce segment provides products and services to a mid-sized company across various industries. The Government division provides government and justice case management software as a service solution to local governments, state governments and justice departments.