SmarterDividends
REECF

Reece Limited

REECF

Industrials · Stock · monthly payer

Forward Yield

1.17%

Annual Dividend

$0.11

Payout Ratio

42%

5-Yr Growth

8.9%

Ex-Date

Mar 17, 2026

Frequency

Monthly

REECF Dividend Safety Score

56/ 100
Grade C

Borderline

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2026
Earnings payout coverage42% of earnings paid out
Free-cash-flow coverage20% of free cash flow
Balance-sheet strengthDebt/equity of 0.64
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is REECF a good dividend stock?

Mixed

Reece Limited (REECF) pays a monthly dividend yielding 1.17% ($0.11/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Comfortable payout ratio (42%)
  • Strong 8.9% 5-yr dividend growth

Risks

  • Cut its dividend in 2025
  • Share price is down over the past 5 years

Key Data

Dividend Yield
1.17%
Payout Ratio
42%
Annual Dividend
$0.11
5-Yr Avg Growth
8.9%
Ex-Dividend Date
Mar 17, 2026
Years of Growth
0
Frequency
monthly
Beta
1.05
Market Cap
$6.0B
P/E Ratio
30.6
5-Yr Total Return
-19%
52-Week Range
$7.10 – $14.80
Dividend Safety
C · 56/100
Ever Cut?
Yes (2025)
REECF ex-dividend date & scheduleNext ex-date Mar 17, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.11 / yr per share

Per payment (monthly)$0.92
Annual$11.00
Monthly avg$0.92