Randolph Bancorp, Inc. (RNDB) Dividends
RNDB Price Forecast Based on Dividend Discount Model
Current Price | DDM Fair Value Target: | Forecasted Gain: |
$26.99 | $22.03 | 7.31% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of RNDB, the dividend discount model StockNews created for the company implies a positive return of 7.31%. To help understand and contextualize the model's evaluation of RNDB, investors may wish to consider are:
- In comparison to stocks we observe that provide shareholders with a dividend, Randolph Bancorp Inc's dividend yield of 2.92% is in the top 38.38%.
- A stock's beta generally indicates its volatility relative to the broader equity market; for Randolph Bancorp Inc, its beta is lower than 99.07% of dividend issuing stocks we observed.
RNDB Dividend History
Ex-Dividend Date | Type | Payout Amount | Change |
---|---|---|---|
2022-02-07 | Dividend | $2.15 | +1,333.33% |
2021-11-08 | Dividend | $0.15 | -- |
RNDB Dividends vs. Peers
RNDB's dividend yield currently ranks #82 of 111 vs. its peers in the Northeast Regional Banks category.