SKY Network Television Dividend
Dividend criteria checks 4/6
SKY Network Television is a dividend paying company with a current yield of 6.27% that is well covered by earnings.
Key information
6.3%
Dividend yield
43%
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$0.38 |
Dividend yield forecast in 3Y | 8.8% |
Recent dividend 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 |
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Segment | Dividend Yield |
---|---|
Company (SKT) | 6.3% |
Market Bottom 25% (AU) | 2.6% |
Market Top 25% (AU) | 6.3% |
Industry Average (Media) | 5.1% |
Analyst forecast in 3 Years (SKT) | 8.8% |
Notable Dividend: SKT's dividend (6.27%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: SKT's dividend (6.27%) is in the top 25% of dividend payers in the Australian market (6.25%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.2%), SKT's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50.8%), SKT's dividend payments are covered by cash flows.