About Raffles Education Corporation Limited (RFLFF) — Dividend Analysis 2026
Raffles Education Corporation Limited, an investment holding company, provides education and related services in ASEAN, North Asia, South Asia, Australasia, and Europe. It operates through four segments: Education, Education Facilities Rental Service, Real Estate Investment & Development, and Corporate & Others. The company offers degree, diploma, and full-time certificate programs in design and business-oriented disciplines; pre-tertiary education; and K12 curriculum. In addition, it operates Raffles University Iskandar; Tianjin University of Commerce Boustead College; Raffles American School that offers American K-12 education; and Oriental University City campus. Further, it engages in education facilities leasing and commercial leasing activities for supporting facilities; and real estate investment and development activities. Additionally, the company offers education supporting, and business and management consultancy services. It operates through a network of 18 colleges and universities across 10 countries. Raffles Education Corporation Limited was founded in 1990 and is based in Singapore.
Is RFLFF a good dividend investment in 2026?
RFLFF offers a 6.25% forward yield with a 50% payout ratio. Strand Safety Score: 45/100 (Moderate Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
RFLFF DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your RFLFF portfolio grows to $39.8K vs $33.9K without reinvestment. This is the compound interest effect in action.
RFLFF dividend growth history & forecast
RFLFF has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 6.25%.
FCF ($145,000) is below dividends paid ($5M) — risk of cut (FCF: $145,000 · Dividends est.: $5M)
Debt Leverage0.0× Debt/EBITDA
30 / 30 pts
30/30
Debt/EBITDA 0.0× — low leverage, balance sheet is strong
Earnings Momentum+0.0B → -0.0B → -0.0B
15 / 30 pts
15/30
Net income grew in the latest year — positive but trend is unconfirmed
OVERALL ASSESSMENT
Dividend at moderate risk — monitor coverage and debt closely.
STRAND SCORE
45
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 RFLFF Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold RFLFF.
Gross yield
6.25%
Tax rate
15.00%
After-tax yield
5.31%
Real yield (−CPI)
2.51%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
6.25%
3.45%
$625 / yr
🇺🇸 US Taxable (15%) ✓
15%
5.31%
2.51%
$531 / yr
🇺🇸 US Taxable (20%)
20%
5.00%
2.20%
$500 / yr
🇬🇧 UK ISA
0%
6.25%
3.45%
$625 / yr
🇬🇧 UK Taxable
8.75%
5.70%
2.90%
$570 / yr
🇨🇦 TFSA
0%
6.25%
3.45%
$625 / yr
🇨🇦 CA Taxable
25%
4.69%
1.89%
$469 / yr
🇦🇺 Super (pension)
15%
5.31%
2.51%
$531 / yr
🇦🇺 AU Taxable
30%
4.38%
1.58%
$438 / yr
🇩🇪 DE Taxable
26.375%
4.60%
1.80%
$460 / yr
🇫🇷 FR Taxable
30%
4.38%
1.58%
$438 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 RFLFF Income Goal & Break-Even
Dividend Break-Even
19yr
Years for dividends to fully repay your RFLFF investment of $0.05/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$6.3K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$3.8K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in RFLFF for:
Shares needed
9,034,716
Capital required
$451,736
Monthly income
$2,000
Based on current dividend of $0.00/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 RFLFF Dividend Payment Schedule
RFLFF pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$0.01 / payment
$0.03 / year after tax
100 shares
$0.07 / payment
$0.27 / year after tax
1,000 shares
$0.66 / payment
$2.66 / year after tax
📊 RFLFF vs Consumer Defensive Benchmarks
How RFLFF compares to typical Consumer Defensive averages.
Benchmark: Consumer Defensive
Dividend Yield▲+3.15% vs sectorBetter
RFLFF
6.25%
avg
3.10%
5Y Dividend CAGR▼-5.40% vs sectorBelow avg
RFLFF
0.00%
avg
5.40%
Payout Ratio▲-12.00% vs sectorBetter
RFLFF
50.00%
avg
62.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for RFLFF sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ RFLFF Insider Activity
No recent SEC filings reported in the last 90 days.
🔬
Financial Health Scores
Altman Z-Score
0.37
🔴 Distress Zone — elevated dividend cut risk
Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81
Piotroski F-Score
4/9
⚠️ Moderate fundamentals
Strong: 7–9 · Moderate: 4–6 · Weak: 0–3
Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the RFLFF dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →