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Renasant Corporation Dividends

RNST Stock Analysis

Page title

Section title

Dividend Yield
2.68%
Payout Ratio
33.46%
Dividend Amount Per Share
$0.88
Last Ex-Dividend Date
Sep 16, 2024

RNST Dividend Safety

RNST paid out 33.46% of its $145M earnings as dividends over the last 12 months.

Safe

  1. Very Unsafe

  2. Unsafe

  3. Somewhat Safe

  4. Safe

  5. Very Safe

Dividend Payout Ratio

RNST's Dividend Payout Ratio of 33.46% is considered safe for the Financial Services sector, indicating that the company retains enough earnings to support business growth.

Interest Rate Coverage

RNST's Interest Coverage Ratio of 0.367 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.

Income Quality

RNST shows excellent income quality with a ratio of 1.027. This indicates high-quality earnings and low risk of dividend cuts.

RNST Dividend Growth

Renasant Corporation(RNST) offers a dividend yield of 2.68% and pays $0.88 in dividends per share. Explore the historical dividend growth of RNST.

Dividend Stability

RNST has maintained stable dividend payments over the past 10 years with no cuts over 5%.

Dividend Growth

RNST's dividend payments have shown very poor growth, growing by 0% over the last 5 years.

Earnings Growth

RNST's earnings have shown very poor growth, shrinking by -2.935% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

RNST Dividend Yield Attractiveness

Renasant Corporation(RNST) provides a dividend yield of 2.68%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.

Yield %

RNST

Peers

Sector

Industry

2.68%

3.26%

3.73%

4.13%

Dividend Yield

RNST's dividend yield of 2.68% is considered good compared to the sector average of 3.73%, providing a strong safety margin for investors.

RNST Cash Flow

Over the past 12 months, RNST generated $627M in revenue, produced $180M in free cash flow, and distributed $50M in dividends.

100%75%50%25%0%

Free Cash Flow Growth

RNST's free cash flow has decreased by -0.272% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.

RNST Free Cash Flow and Dividends Paid

This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Renasant Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.