Monarch Casino & Resort is a dividend paying company with a current yield of 1.76% that is well covered by earnings. Next payment date is on 15th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
1.8%
Dividend yield
28%
Payout ratio
Industry average yield
3.0%
Next dividend pay date
15 Jun 24
Ex dividend date
31 May 24
Dividend per share
n/a
Earnings per share
€4.41
Dividend yield forecast in 3Y
1.8%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether MOI's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if MOI's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
Monarch Casino & Resort Dividend Yield vs Market
How does MOI dividend yield compare to the market?
Segment
Dividend Yield
Company (MOI)
1.8%
Market Bottom 25% (DE)
1.7%
Market Top 25% (DE)
4.8%
Industry Average (Hospitality)
3.0%
Analyst forecast in 3 Years (MOI)
1.8%
Notable Dividend: MOI's dividend (1.76%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: MOI's dividend (1.76%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (27.8%), MOI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.2%), MOI's dividend payments are well covered by cash flows.