Runway Growth Finance's most recent quarterly dividend payment of $0.07 per share was made to shareholders on record before May 9, 2024. At an annualized rate of $0.94 per share, the stock yields 7.88%. The latest RWAY stock dividend of $0.07 is a decrease from the previous $0.4 distribution, representing a change of -83%.
Runway Growth Finance's dividend yield of 7.88% is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.85%, Runway Growth Finance's dividend yield is 176% higher.
Runway Growth Finance has been paying dividends for the last three years. According to our data RWAY has issued seven quarterly dividends in the last twelve months. The annualized DPS has decreased by 37% for the last year. And since the stock price has gone down by 3.9% from a year ago, the dividend yield has decreased by 34%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 9, 2024 | May 24, 2024 | Apr 30, 2024 | $0.07 | normal |
| Feb 9, 2024 | Feb 28, 2024 | Feb 1, 2024 | $0.07 | normal |
| Feb 9, 2024 | Feb 28, 2024 | Feb 1, 2024 | $0.4 | normal |
| Nov 10, 2023 | Nov 28, 2023 | Nov 3, 2023 | $0.06 | normal |
| Nov 10, 2023 | Nov 28, 2023 | Nov 3, 2023 | $0.4 | normal |
| Aug 14, 2023 | Aug 31, 2023 | Aug 1, 2023 | $0.4 | normal |
| Aug 14, 2023 | Aug 31, 2023 | Aug 1, 2023 | $0.05 | normal |
| May 12, 2023 | May 31, 2023 | May 2, 2023 | $0.05 | special |
| May 12, 2023 | May 31, 2023 | May 2, 2023 | $0.4 | normal |
| Mar 6, 2023 | Mar 21, 2023 | Feb 23, 2023 | $0.05 | special |
| Mar 6, 2023 | Mar 21, 2023 | Feb 23, 2023 | $0.4 | normal |
| Nov 7, 2022 | Nov 22, 2022 | Oct 27, 2022 | $0.36 | normal |
| Aug 8, 2022 | Aug 23, 2022 | Jul 28, 2022 | $0.33 | normal |
| May 9, 2022 | May 24, 2022 | Apr 28, 2022 | $0.3 | normal |
| Mar 7, 2022 | Mar 22, 2022 | Feb 25, 2022 | $0.27 | normal |
| Nov 5, 2021 | Nov 22, 2021 | Oct 28, 2021 | $0.25 | normal |
Runway Growth Finance's payout ratio of 85.5% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 41.2%, Runway Growth Finance's payout ratio is 108% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RWAY Runway Growth Finance Corp | 7.83% | $0.94 | 85.5% |
| FCFS Firstcash Inc | 1.25% | $1.4 | 27.2% |
Yes, Runway Growth Finance has paid seven dividends in the last 12 months. RWAY has been paying dividends since 2021.
RWAY hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in August 2024.
Runway Growth Finance's last regular dividend was on May 9, 2024 (ex-date) with the amount of $0.07 per share.
RWAY has paid dividend of $0.94 per share in the last year.
The current dividend yield of Runway Growth Finance is 7.88%.
Runway Growth Finance has a quarterly dividend frequency.
The dividend payout ratio of Runway Growth Finance is 85.5%.
Runway Growth Finance's dividend yield is more than the Financial Services sector average.