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RE Royalties (TSXV:RE) 3-Year Dividend Growth Rate : 10.10% (As of Sep. 2023)


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What is RE Royalties 3-Year Dividend Growth Rate?

RE Royalties's Dividends per Share for the three months ended in Sep. 2023 was C$0.01.

The historical rank and industry rank for RE Royalties's 3-Year Dividend Growth Rate or its related term are showing as below:

TSXV:RE' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 10.1   Med: 10.1   Max: 10.1
Current: 10.1

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of RE Royalties was 10.10% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

TSXV:RE's 3-Year Dividend Growth Rate is ranked better than
62.02% of 129 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.1 vs TSXV:RE: 10.10

During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

RE Royalties's Dividend Payout Ratio for the three months ended in Sep. 2023 was 0.00. As of today, RE Royalties's Dividend Yield % is 8.00%.

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


Competitive Comparison of RE Royalties's 3-Year Dividend Growth Rate

For the Utilities - Renewable subindustry, RE Royalties's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


RE Royalties's 3-Year Dividend Growth Rate Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, RE Royalties's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where RE Royalties's 3-Year Dividend Growth Rate falls into.



RE Royalties 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


RE Royalties  (TSXV:RE) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

RE Royalties's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.01/ -0.073
=N/A

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

RE Royalties Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0102024-01-302024-01-312024-02-21Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0102023-10-312023-11-012023-11-22Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0102023-08-012023-08-022023-08-23Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0102023-05-022023-05-032023-05-24Cash DividendquarterlyCAD:CAD 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.

RE Royalties's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.04/0.50
=8.00 %

Current Share Price is C$0.50.
RE Royalties's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.04.

During the past 6 years, the highest Dividend Yield of RE Royalties was 9.64%. The lowest was 1.01%. And the median was 3.85%.

* 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.


RE Royalties 3-Year Dividend Growth Rate Related Terms>


RE Royalties (TSXV:RE) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
RE Royalties Ltd is engaged in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies and clean energy technology companies. Its solutions provide a non-dilutive, flexible, and low-cost financing alternative that allows its clients to free up capital in order to grow their businesses.

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