SKY Network Television Limited

NZSE:SKT Stock Report

Market Cap: NZ$375.9m

SKY Network Television Dividend

Dividend criteria checks 4/6

SKY Network Television is a dividend paying company with a current yield of 6.93% that is well covered by earnings.

Key information

6.9%

Dividend yield

55%

Payout ratio

Industry average yield6.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNZ$0.190
Earnings per shareNZ$0.36
Future Dividend Yield10.1%

Recent dividend updates

SKY Network Television (NZSE:SKT) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1412

Aug 26
SKY Network Television (NZSE:SKT) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1412

SKY Network Television (NZSE:SKT) Has Announced A Dividend Of NZ$0.0824

Feb 24
SKY Network Television (NZSE:SKT) Has Announced A Dividend Of NZ$0.0824

Recent updates

SKY Network Television (NZSE:SKT) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1412

Aug 26
SKY Network Television (NZSE:SKT) Has Announced That It Will Be Increasing Its Dividend To NZ$0.1412

What Does SKY Network Television Limited's (NZSE:SKT) Share Price Indicate?

Jul 04
What Does SKY Network Television Limited's (NZSE:SKT) Share Price Indicate?

SKY Network Television (NZSE:SKT) Has Announced A Dividend Of NZ$0.0824

Feb 24
SKY Network Television (NZSE:SKT) Has Announced A Dividend Of NZ$0.0824

Here's Why Shareholders Will Not Be Complaining About SKY Network Television Limited's (NZSE:SKT) CEO Pay Packet

Nov 01
Here's Why Shareholders Will Not Be Complaining About SKY Network Television Limited's (NZSE:SKT) CEO Pay Packet

SKY Network Television's (NZSE:SKT) Performance Is Even Better Than Its Earnings Suggest

Mar 02
SKY Network Television's (NZSE:SKT) Performance Is Even Better Than Its Earnings Suggest

Investors Met With Slowing Returns on Capital At SKY Network Television (NZSE:SKT)

Dec 07
Investors Met With Slowing Returns on Capital At SKY Network Television (NZSE:SKT)

Why SKY Network Television Limited (NZSE:SKT) Could Be Worth Watching

Sep 12
Why SKY Network Television Limited (NZSE:SKT) Could Be Worth Watching

When Should You Buy SKY Network Television Limited (NZSE:SKT)?

May 23
When Should You Buy SKY Network Television Limited (NZSE:SKT)?

SKY Network Television (NZSE:SKT) Is Investing Its Capital With Increasing Efficiency

May 09
SKY Network Television (NZSE:SKT) Is Investing Its Capital With Increasing Efficiency

Here's Why SKY Network Television (NZSE:SKT) Can Manage Its Debt Responsibly

Apr 11
Here's Why SKY Network Television (NZSE:SKT) Can Manage Its Debt Responsibly

SKY Network Television Limited's (NZSE:SKT) Has Found A Path To Profitability

Mar 28
SKY Network Television Limited's (NZSE:SKT) Has Found A Path To Profitability

Estimating The Intrinsic Value Of SKY Network Television Limited (NZSE:SKT)

Mar 14
Estimating The Intrinsic Value Of SKY Network Television Limited (NZSE:SKT)

What Kind Of Investors Own Most Of SKY Network Television Limited (NZSE:SKT)?

Feb 28
What Kind Of Investors Own Most Of SKY Network Television Limited (NZSE:SKT)?

Is Now The Time To Look At Buying SKY Network Television Limited (NZSE:SKT)?

Feb 15
Is Now The Time To Look At Buying SKY Network Television Limited (NZSE:SKT)?

Are Insiders Buying SKY Network Television Limited (NZSE:SKT) Stock?

Jan 31
Are Insiders Buying SKY Network Television Limited (NZSE:SKT) Stock?

We're Watching These Trends At SKY Network Television (NZSE:SKT)

Jan 10
We're Watching These Trends At SKY Network Television (NZSE:SKT)

SKY Network Television's (NZSE:SKT) Shareholders Are Down 96% On Their Shares

Dec 20
SKY Network Television's (NZSE:SKT) Shareholders Are Down 96% On Their Shares

SKY Network Television Limited (NZSE:SKT) On The Verge Of Breaking Even

Nov 30
SKY Network Television Limited (NZSE:SKT) On The Verge Of Breaking Even

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: SKT's dividend payments have been volatile in the past 10 years.

Growing Dividend: SKT's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

SKY Network Television Dividend Yield vs Market
How does SKT dividend yield compare to the market?
SegmentDividend Yield
Company (SKT)6.9%
Market Bottom 25% (NZ)3.3%
Market Top 25% (NZ)6.0%
Industry Average (Media)6.9%
Analyst forecast (SKT) (up to 3 years)10.1%

Notable Dividend: SKT's dividend (6.93%) is higher than the bottom 25% of dividend payers in the NZ market (3.33%).

High Dividend: SKT's dividend (6.93%) is in the top 25% of dividend payers in the NZ market (6.01%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (55.2%), SKT's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (51.9%), SKT's dividend payments are covered by cash flows.


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