SKY Network Television Dividends and Buybacks
Dividend criteria checks 4/6
SKY Network Television is a dividend paying company with a current yield of 7.54% that is well covered by earnings.
Key information
7.5%
Dividend yield
4.9%
Buyback Yield
| Total Shareholder Yield | 12.4% |
| Future Dividend Yield | 11.0% |
| Dividend Growth | -0.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.190 |
| Payout ratio | 55% |
Recent dividend and buyback updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SKT) | 7.5% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.2% |
| Industry Average (Media) | 6.5% |
| Analyst forecast (SKT) (up to 3 years) | 11.0% |
Notable Dividend: SKT's dividend (7.54%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: SKT's dividend (7.54%) is in the top 25% of dividend payers in the Australian market (6.17%)
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.