RenaissanceRe Holdings Ltd. (RNR) Dividends
Dividend Yield and Dividend History Highlights
- The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -29.1 -- higher than merely 3.87% of other dividend issuers in the US.
- In terms of debt burden relative to earnings, RNR has an EBITDA to net debt ratio of 832,372,000, ranking above 96.69% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with RNR's price: JCS, CLPR, APTS, PHX and BXP.
RNR Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $166.42 | $50.56 | -68.49% |
For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Renaissancere Holdings Ltd, the DDM model generated by StockNews estimates a return of negative 68.49% in comparison to its current price. To help understand and contextualize the model's evaluation of RNR, investors may wish to consider are:
- Compared to other US stocks that pay a dividend, Renaissancere Holdings Ltd produces a dividend yield 0.87% -- which falls in the bottom 14.24%.
- If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Financial Services sector, Renaissancere Holdings Ltd's expected return of -68.49% is higher than just 17.72% of its fellow sector mates.
- Compared to all dividend issuing stocks in our set, Renaissancere Holdings Ltd bears a discount rate, according to our calculations, lower than just 17.72% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
- As other dividend issuers in the Financial Services sector, RNR's equity discount rate is less than 87.6% of those stocks.
RNR Dividend Chart
RNR Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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RNR Dividends vs. Peers
RNR's dividend yield currently ranks #9 of 12 vs. its peers in the Insurance - Reinsurance category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | SSREY | Swiss Re AG | 5.13% |
| 2 | JRVR | James River Group Holdings, Ltd. | 2.65% |
| 3 | RE | Everest Re Group, Ltd. | 2.59% |
| 4 | MURGY | Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) | 2.47% |
| 5 | RGA | Reinsurance Group of America, Incorporated | 2.24% |
| 6 | BCRH | Blue Capital Reinsurance Holdings Ltd. Common Shares | 2.23% |
| 7 | HVRRY | Hannover Rück SE | 1.81% |
| 8 | IGIC | International General Insurance Holdings Ltd. | 1.13% |
| 9 | RNR | RenaissanceRe Holdings Ltd. | 0.85% |
| 10 | ATH | Athene Holding Ltd. Class A Common Shares | 0.00% |
| 11 | TPRE | Third Point Reinsurance Ltd. Common Shares | 0.00% |
| 12 | OXBR | Oxbridge Re Holdings Limited - Ordinary Shares | 0.00% |
Looking for More Information on RNR dividends?
Want to do more research on Renaissancere Holdings Ltd's dividends? Try the links below:Renaissancere Holdings Ltd Common Stock (RNR) Dividend History | Nasdaq
Dividend History for Renaissancere Holdings Ltd (RNR) - Dividend Investor
Renaissancere Holdings Ltd (RNR) Dividend History - Seeking Alpha