Golden Entertainment Dividends and Buybacks
Dividend criteria checks 2/6
Golden Entertainment is a dividend paying company with a current yield of 3.01% that is well covered by earnings. Next payment date is on 7th January, 2025 with an ex-dividend date of 20th December, 2024.
Key information
3.0%
Dividend yield
6.6%
Buyback Yield
| Total Shareholder Yield | 9.6% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | 6.0% |
| Next dividend pay date | 07 Jan 25 |
| Ex dividend date | 20 Dec 24 |
| Dividend per share | €1.000 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether GE6's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if GE6's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| Golden Entertainment Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GE6) | 3.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Hospitality) | 2.8% |
| Analyst forecast (GE6) (up to 3 years) | 2.1% |
Notable Dividend: GE6's dividend (3.01%) is higher than the bottom 25% of dividend payers in the German market (1.74%).
High Dividend: GE6's dividend (3.01%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.8%), GE6's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (564.1%), GE6's dividend payments are not well covered by cash flows.