Nine Entertainment Holdings Dividend
What is Nine Entertainment Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Nine Entertainment Holdings Dividend Yield vs Market|
|Market Bottom 25% (AU)||2.8%|
|Market Top 25% (AU)||7.2%|
|Industry Average (Media)||6.7%|
|Analyst forecast in 3 Years (NEC)||7.9%|
Notable Dividend: NEC's dividend (7.51%) is higher than the bottom 25% of dividend payers in the Australian market (2.8%).
High Dividend: NEC's dividend (7.51%) is in the top 25% of dividend payers in the Australian market (7.16%)
Stability and Growth of Payments
Stable Dividend: NEC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NEC's dividend payments have increased, but the company has only paid a dividend for 8 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (80.3%), NEC's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.5%), NEC's dividend payments are covered by cash flows.