Trailing Dividend / Share
$3.60
7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) Dividend History
Income profile from 2022 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
14.0%
Payout Ratio
20.3%
Sustainable
Dividend Streak
1 years
RZC Dividend Income Check
Safety
20.3% payout ratio with sustainable safety profile.
Consistency
1 straight years of dividend increases.
Income Trend
Yield on cost is 7.0% and trend is unknown.
RZC Dividend Scorecard
Yield & Income
Dividend Yield14.0%
Trailing DPS$3.60
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout20.3%
Earnings SafetySustainable
FCF Payout4.4%
FCF SafetyWell Covered
Piotroski F-Score7/9
Growth
Growth Streak1 years
3Y CAGR47.6%
5Y CAGRN/A
Yield on Cost (5Y)7.0%
YOC Trendunknown
Total Returns
Buyback Yield10.1%
Total Shareholder Yield24.0%
1Y Total Return6.6%
5Y Total Return26.7%
Div Contribution (5Y)25.1%
Estimated $10K growth (return + dividends):
5Y ago$12,66910Y ago$12,66920Y ago$12,669
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
RZC Income Growth Story
Dividend per share and yield on cost over time (5 years of payments)
RZC Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
7.125% Fixed-Rate Reset Subordinated Debentures due 2052 distributes 20.3% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 4.4%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
RZC has raised its dividend for 1 consecutive year, with a 3-year CAGR of 47.6%.
Total Shareholder Returns
Beyond cash dividends, RZC returns capital through share repurchases. The combined picture: 14.0% dividend yield, 10.1% buyback yield, 24.0% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 7.0% and is currently unknown. The 5-year total return is 26.7%, with dividends contributing 25.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $12,669 today.
RZC Recent Dividend Payments
Last 15 payments · Semi-Annual
TTM Total$6.79
Avg/Payment$0.4525
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jul 1, 2026Latest | $0.4453 | — | 6.94% | Jul 15, 2026 |
| Apr 1, 2026 | $0.4453 | — | 7.09% | Apr 15, 2026 |
| Dec 31, 2025 | $0.4453 | — | 7.00% | Jan 15, 2026 |
| Oct 1, 2025 | $0.4453 | — | 6.96% | Oct 15, 2025 |
| Jul 1, 2025 | $0.4453 | — | 7.04% | Jul 15, 2025 |
| Apr 1, 2025 | $0.4453 | ↑ +0.1% | 7.01% | Apr 15, 2025 |
| Dec 31, 2024 | $0.4450 | ↓ -0.1% | 6.90% | Jan 15, 2025 |
| Oct 1, 2024 | $0.4453 | — | 6.76% | Oct 15, 2024 |
RZC Dividend vs Peers
Comparable companies in the same industry
#2 yield in peer group
Div Yield
14.0%
#2 of 9
Safety
Sustainable
20.3% payout
Streak
1Y
— 5Y CAGR
Total Shareholder
24.0%
#2 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
2nd RZC7.125% Fixed-Rate Re… | $1.7B | 14.0% | 20.3% | 1 | Sustainable |
 GSThe Goldman Sachs Gr… | $314.2B | 1.6% | 30.7% | 14 | Sustainable |
 MSMorgan Stanley | $333.9B | 2.0% | 39.1% | 12 | Sustainable |
 JEFJefferies Financial … | $10.0B | 3.4% | 52.7% | 9 | Sustainable |
3rd  LAZLazard Ltd | $4.0B | 4.3% | 78.8% | 0 | Watch |
 HLIHoulihan Lokey, Inc. | $9.2B | 1.9% | 40.9% | 11 | Sustainable |
 MCMoelis & Company | $4.7B | 4.2% | 89.6% | 1 | At Risk |
 PJTPJT Partners Inc. | $3.5B | 0.6% | 13.6% | 0 | Sustainable |
1st  OXSQOxford Square Capita… | $116M | 30.8% | — | 0 | Unknown |
RZC Annual Dividend History (1993–2026)
34 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.89 | — | 2 | — | — | — | 3.5% |
| 2025 | $1.78 | 0.0% | 4 | $17.69 | 10.1% | 9.93x | 7.0% |
| 2024 | $1.78 | -0.0% | 4 | $10.73 | 16.6% | 6.02x | 7.0% |
| 2023 | $1.78 | 221.4% | 4 | $13.44 | 13.3% | 7.55x | 7.0% |
| 2022 | $0.55 | — | 1 | $7.64 | 7.3% | 13.79x | 2.2% |
| 2021 | $0.00 | — | 0 | $9.04 | — | — | — |
| 2020 | $0.00 | — | 0 | $6.31 | — | — | — |
| 2019 | $0.00 | — | 0 | $13.62 | — | — | — |
| 2018 | $0.00 | — | 0 | $11.00 | — | — | — |
| 2017 | $0.00 | — | 0 | $27.71 | — | — | — |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
4+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
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RZC — Frequently Asked Questions
Quick answers to the most common questions about buying RZC stock.
How much dividend does RZC pay per share?
7.125% Fixed-Rate Reset Subordinated Debentures due 2052 (RZC) pays a trailing 12-month dividend of $3.60 per share, with a current dividend yield of +14.0%. Payments are made Semi-Annual.
When is RZC's next ex-dividend date?
RZC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. RZC typically pays dividends Semi-Annual.
Is RZC's dividend safe?
RZC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +20.3% and FCF payout ratio of +4.4%. The 1-year growth streak provides moderate confidence.
How many years has RZC increased its dividend?
RZC has 1 consecutive years of dividend growth. The 5-year dividend CAGR is N/A.
How often does RZC pay dividends?
7.125% Fixed-Rate Reset Subordinated Debentures due 2052 pays dividends Semi-Annual. The trailing 12-month total is $3.60 per share. Dividend data on this page covers 4+ years from 2022 to 2026.
How much would $10,000 invested in RZC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in RZC five years ago would be worth approximately $12,669 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is RZC's yield on cost for long-term holders?
RZC's yield on cost — the current dividend divided by the original purchase price — is +7.0% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +14.0% market yield, thanks to the lower original cost basis.