SkyCity Entertainment Group Dividend
Dividend criteria checks 2/6
SkyCity Entertainment Group is a dividend paying company with a current yield of 6.69%.
Key information
6.7%
Dividend yield
1,104%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | AU$0.105 |
Earnings per share | AU$0.01 |
Dividend yield forecast in 3Y | 9.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: SKC's dividend payments have been volatile in the past 10 years.
Growing Dividend: SKC's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
SkyCity Entertainment Group Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (SKC) | 6.7% |
Market Bottom 25% (AU) | 2.7% |
Market Top 25% (AU) | 6.2% |
Industry Average (Hospitality) | 1.9% |
Analyst forecast in 3 Years (SKC) | 9.9% |
Notable Dividend: SKC's dividend (6.69%) is higher than the bottom 25% of dividend payers in the Australian market (2.69%).
High Dividend: SKC's dividend (6.69%) is in the top 25% of dividend payers in the Australian market (6.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (1104.3%), SKC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: SKC is paying a dividend but the company has no free cash flows.