Lottery Dividend
Dividend criteria checks 2/6
Lottery is a dividend paying company with a current yield of 3.6% that is well covered by earnings.
Key information
3.6%
Dividend yield
86%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.185 |
| Earnings per share | AU$0.19 |
| Dividend yield forecast | 3.8% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TLC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TLC's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Lottery Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TLC) | 3.6% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 5.9% |
| Industry Average (Hospitality) | 2.0% |
| Analyst forecast (TLC) (up to 3 years) | 3.8% |
Notable Dividend: TLC's dividend (3.6%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: TLC's dividend (3.6%) is low compared to the top 25% of dividend payers in the Australian market (5.91%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86%), TLC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (97%), TLC's dividend payments are not well covered by cash flows.