Red Rock Resorts Dividend
Dividend criteria checks 2/6
Red Rock Resorts is a dividend paying company with a current yield of 1.94% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
1.9%
Dividend yield
33%
Payout ratio
Industry average yield | 2.4% |
Next dividend pay date | 28 Jun 24 |
Ex dividend date | 14 Jun 24 |
Dividend per share | n/a |
Earnings per share | US$2.95 |
Dividend yield forecast in 3Y | 1.9% |
Recent dividend updates
Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Jun 08Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
May 25Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Feb 23Recent updates
Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Jun 08Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
May 25Earnings Update: Red Rock Resorts, Inc. (NASDAQ:RRR) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
May 10Red Rock Resorts: Under The Radar Despite Solid Performance
Apr 29Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet
Mar 16Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Feb 23RRR: An Update As The Shares Rise To New Highs
Feb 13Red Rock Resorts, Inc. Just Beat EPS By 84%: Here's What Analysts Think Will Happen Next
Feb 10Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jan 25Red Rock Resorts (NASDAQ:RRR) Is Due To Pay A Dividend Of $0.25
Dec 13These 4 Measures Indicate That Red Rock Resorts (NASDAQ:RRR) Is Using Debt Extensively
Dec 06Returns Are Gaining Momentum At Red Rock Resorts (NASDAQ:RRR)
Nov 04Red Rock Resorts, Inc.'s (NASDAQ:RRR) Intrinsic Value Is Potentially 85% Above Its Share Price
Oct 11Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Sep 05Red Rock Resorts (NASDAQ:RRR) Has Affirmed Its Dividend Of $0.25
Aug 22Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25
Aug 08We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Jul 24Is Red Rock Resorts, Inc. (NASDAQ:RRR) Trading At A 23% Discount?
May 29Red Rock Resorts (NASDAQ:RRR) Is Due To Pay A Dividend Of $0.25
May 11Under The Bonnet, Red Rock Resorts' (NASDAQ:RRR) Returns Look Impressive
May 09We Think Red Rock Resorts (NASDAQ:RRR) Can Stay On Top Of Its Debt
Apr 19Red Rock Resorts (NASDAQ:RRR) Has Announced A Dividend Of $0.25
Feb 11A Look At The Fair Value Of Red Rock Resorts, Inc. (NASDAQ:RRR)
Feb 08Returns on Capital Paint A Bright Future For Red Rock Resorts (NASDAQ:RRR)
Jan 24Is Red Rock Resorts (NASDAQ:RRR) A Risky Investment?
Jan 08Here's Why Red Rock Resorts (NASDAQ:RRR) Has Caught The Eye Of Investors
Dec 09Red Rock Resorts (NASDAQ:RRR) Is Very Good At Capital Allocation
Oct 23Sparket joins hands with Station Casinos, subsidiary of Red Rock Resorts
Oct 07Red Rock Resorts: Seize This Exciting Catalyst
Aug 22Red Rock Resorts declares $0.25 dividend
Aug 10Is Red Rock Resorts, Inc. (NASDAQ:RRR) Trading At A 31% Discount?
Jun 26Why We Like The Returns At Red Rock Resorts (NASDAQ:RRR)
May 30Red Rock Resorts (NASDAQ:RRR) Seems To Use Debt Quite Sensibly
Apr 04Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RRR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RRR's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
Red Rock Resorts Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (RRR) | 1.9% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Hospitality) | 2.4% |
Analyst forecast in 3 Years (RRR) | 1.9% |
Notable Dividend: RRR's dividend (1.94%) is higher than the bottom 25% of dividend payers in the US market (1.53%).
High Dividend: RRR's dividend (1.94%) is low compared to the top 25% of dividend payers in the US market (4.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.4%), RRR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: RRR is paying a dividend but the company has no free cash flows.