NYSE:RKT
Rocket Companies Stock Dividends
$12.35
+0.150 (+1.23%)
At Close: Apr 26, 2024
RKT used to pay dividends yearly. Last paid amount was $1.01 at Mar 22, 2022. As of today, dividend yield (TTM) is 0%.
Dividend Yield Range
The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of RKT
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Key Stats
| Dividend Yield (TTM) | 0% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $1.01 |
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Rocket Companies has not yet announced its next dividend date. Last payment date was: Mar 22, 2022.
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RKT Dividend Payout History
To ensure a understanding of RKT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 24, 2022 | Mar 07, 2022 | Mar 22, 2022 | $1.01 | 9.40% |
| 2 | Feb 25, 2021 | Mar 08, 2021 | Mar 23, 2021 | $1.11 | 4.82% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Low (50.00%)
Growth potential
No dividend expected in the near future
RKT Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| KKR & Co LP | 83.961B | $0.165 | 0.95% | 16.48% | |
| Rocket Companies | 24.225B | $1.01 | 0% | -1.18% |
FAQ
What factors can affect the amount of RKT's dividend payments?
The amount of RKT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in RKT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.
Can dividends from RKT stock be automatically reinvested?
If RKT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy RKT stock.
How often does RKT pay dividend?
Rocket Companies (RKT) used to pay dividends yearly. The most recent payout was on Mar 22, 2022.
How much does RKT pays per share?
The last recorder (Mar 07, 2022) dividend per share was $1.01.
What is RKT dividend growth rate?
Over the last year, Rocket Companies has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Rocket Companies has maintained an average Dividends Per Share Growth Rate of -1.87%.
