Stingray Group Dividend
Dividend criteria checks 2/6
Stingray Group is a dividend paying company with a current yield of 4.09%.
Key information
4.1%
Dividend yield
-101%
Payout ratio
| Industry average yield | 2.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.300 |
| Earnings per share | -CA$0.30 |
| Dividend yield forecast | 4.1% |
Recent dividend updates
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Aug 10
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
May 21Recent updates
Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Aug 10Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?
Jun 11Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
May 21Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
Apr 25Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Mar 23Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Feb 16Does Stingray Group (TSE:RAY.A) Deserve A Spot On Your Watchlist?
Jan 24Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Nov 17Is Stingray Group (TSE:RAY.A) Using Too Much Debt?
Nov 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Aug 27Stingray Group (TSE:RAY.A) Will Pay A Dividend Of CA$0.075
Aug 13Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
May 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Mar 28Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Feb 12Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Nov 26Stingray Group (TSE:RAY.A) Is Due To Pay A Dividend Of CA$0.075
Aug 24Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Aug 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
May 12Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Apr 19Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Apr 05Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, RAY.A has been paying a dividend for less than 10 years.
Growing Dividend: RAY.A's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Stingray Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RAY.A) | 4.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Media) | 2.8% |
| Analyst forecast (RAY.A) (up to 3 years) | 4.1% |
Notable Dividend: RAY.A's dividend (4.09%) is higher than the bottom 25% of dividend payers in the Canadian market (1.82%).
High Dividend: RAY.A's dividend (4.09%) is low compared to the top 25% of dividend payers in the Canadian market (6.03%).
Earnings Payout to Shareholders
Earnings Coverage: RAY.A is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22.6%), RAY.A's dividend payments are well covered by cash flows.