GTN Dividend
Dividend criteria checks 3/6
GTN is a dividend paying company with a current yield of 5.06% that is well covered by earnings.
Key information
5.1%
Dividend yield
56%
Payout ratio
Industry average yield | 5.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | AU$0.02 |
Dividend yield forecast in 3Y | 16.2% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GTN has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GTN has only been paying a dividend for 7 years, and since then payments have fallen.
Dividend Yield vs Market
GTN Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (GTN) | 5.1% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Media) | 5.1% |
Analyst forecast in 3 Years (GTN) | 16.2% |
Notable Dividend: GTN's dividend (5.06%) is higher than the bottom 25% of dividend payers in the Australian market (2.59%).
High Dividend: GTN's dividend (5.06%) is low compared to the top 25% of dividend payers in the Australian market (6.35%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.9%), GTN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.3%), GTN's dividend payments are well covered by cash flows.