Regional Management's latest quarterly dividend of $0.3 per share was on Nov 21, 2023 (ex-date). The annualized dividend distribution of $1.2 per share represents a current dividend yield of 5.42%.
Regional Management's dividend yield of 5.42% is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 3.51%, Regional Management's dividend yield is 54% higher.
Regional Management has a history of paying dividends since 2020. Our records of RM show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock down by 25% from a year ago, the dividend yield has grown by 33%.
|Ex-date||Payment date||Declared on||Amount||Type|
|Nov 21, 2023||Dec 13, 2023||Nov 1, 2023||$0.3||normal|
|Aug 22, 2023||Sep 14, 2023||Aug 2, 2023||$0.3||normal|
|May 23, 2023||Jun 14, 2023||May 3, 2023||$0.3||normal|
|Feb 21, 2023||Mar 15, 2023||Feb 8, 2023||$0.3||normal|
|Nov 22, 2022||Dec 14, 2022||Nov 1, 2022||$0.3||normal|
|Aug 23, 2022||Sep 15, 2022||Aug 3, 2022||$0.3||normal|
|May 24, 2022||Jun 15, 2022||May 4, 2022||$0.3||normal|
|Feb 22, 2022||Mar 16, 2022||Feb 9, 2022||$0.3||normal|
|Nov 23, 2021||Dec 15, 2021||Nov 2, 2021||$0.25||normal|
|Aug 24, 2021||Sep 15, 2021||Aug 3, 2021||$0.25||normal|
|May 25, 2021||Jun 15, 2021||May 4, 2021||$0.25||normal|
|Feb 22, 2021||Mar 12, 2021||Feb 10, 2021||$0.2||normal|
|Nov 16, 2020||Dec 4, 2020||Oct 29, 2020||$0.2||normal|
Regional Management's payout ratio of 43% is above the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 36.5%, Regional Management's payout ratio is 18% higher.
|Name||Dividend yield||DPS||Payout ratio|
|RM Regional Management Corp||5.16%||$1.2||43%|
|ALLY Ally Financial Inc||3.89%||$1.2||32.5%|
Yes, Regional Management has been paying dividends for the last three years.
RM hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in February 2024.
Regional Management's last regular dividend was on Nov 21, 2023 (ex-date) with the amount of $0.3 per share.
RM has paid dividend of $1.2 per share in the last year.
The current dividend yield of Regional Management is 5.42%.
Regional Management pays four dividends per year.
The dividend payout ratio of Regional Management is 43%.
Regional Management's dividend yield is higher than the Financial Services sector average.