Monarch Casino & Resort Dividends and Buybacks
Dividend criteria checks 3/6
Monarch Casino & Resort is a dividend paying company with a current yield of 1.44% that is well covered by earnings. Next payment date is on 15th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
1.4%
Dividend yield
4.0%
Buyback Yield
| Total Shareholder Yield | 5.5% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | -5.7% |
| Next dividend pay date | 15 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | US$1.200 |
| Payout ratio | 26% |
Recent dividend and buyback updates
Recent updates
Monarch Casino & Resort (NASDAQ:MCRI) Seems To Use Debt Quite Sensibly
Oct 24
Monarch Casino: Organic Earnings Expectations And Valuation Match
Oct 08Why Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Could Be Worth Watching
Oct 01Earnings Beat: Monarch Casino & Resort, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 27Monarch Casino & Resort (NASDAQ:MCRI) Has Announced A Dividend Of $0.30
Apr 22Monarch Casino & Resort: Stable Profitability With Acceptable Margins
Apr 02Does Monarch Casino & Resort (NASDAQ:MCRI) Have A Healthy Balance Sheet?
Mar 25Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Just Released Its Yearly Results And Analysts Are Updating Their Estimates
Feb 17Monarch Casino Will Grow With The Eventual Reversion Of Consumer Spending
Jan 15Monarch Casino & Resort (NASDAQ:MCRI) Is Very Good At Capital Allocation
Jan 04Is Monarch Casino & Resort (NASDAQ:MCRI) A Risky Investment?
Dec 14Returns On Capital Are A Standout For Monarch Casino & Resort (NASDAQ:MCRI)
Aug 18Is It Time To Consider Buying Monarch Casino & Resort, Inc. (NASDAQ:MCRI)?
Jul 18An Intrinsic Calculation For Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Suggests It's 23% Undervalued
Jul 06We Think Monarch Casino & Resort (NASDAQ:MCRI) Can Manage Its Debt With Ease
Jun 03If EPS Growth Is Important To You, Monarch Casino & Resort (NASDAQ:MCRI) Presents An Opportunity
May 10Returns On Capital Are A Standout For Monarch Casino & Resort (NASDAQ:MCRI)
Apr 21We Think Monarch Casino & Resort (NASDAQ:MCRI) Can Stay On Top Of Its Debt
Mar 01Do Monarch Casino & Resort's (NASDAQ:MCRI) Earnings Warrant Your Attention?
Feb 06We Like Monarch Casino & Resort's (NASDAQ:MCRI) Returns And Here's How They're Trending
Jan 19Is There Now An Opportunity In Monarch Casino & Resort, Inc. (NASDAQ:MCRI)?
Dec 08Do Monarch Casino & Resort's (NASDAQ:MCRI) Earnings Warrant Your Attention?
Nov 02Monarch Casino & Resort GAAP EPS of $1.41, revenue of $133.73M
Oct 19Monarch Casino & Resort (NASDAQ:MCRI) Has A Pretty Healthy Balance Sheet
Oct 04Is Now An Opportune Moment To Examine Monarch Casino & Resort, Inc. (NASDAQ:MCRI)?
Aug 27Estimating The Intrinsic Value Of Monarch Casino & Resort, Inc. (NASDAQ:MCRI)
Aug 15Do Monarch Casino & Resort's (NASDAQ:MCRI) Earnings Warrant Your Attention?
Aug 03Monarch Casino: Best Gaming Stock Bet, Say Portfolio Wealth Builders
Jul 29We Like These Underlying Return On Capital Trends At Monarch Casino & Resort (NASDAQ:MCRI)
Jul 22Is Monarch Casino & Resort (NASDAQ:MCRI) Using Too Much Debt?
Jun 17Should You Think About Buying Monarch Casino & Resort, Inc. (NASDAQ:MCRI) Now?
May 21Monarch Casino: Fully Valued Now But Run Room Supports Strong Buy Guidance
May 16Casino Gaming Stocks Best Bet: Monarch Casino Says Wall Street Market-Makers
May 10Does Monarch Casino & Resort (NASDAQ:MCRI) Deserve A Spot On Your Watchlist?
May 03Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, MCRI has been paying a dividend for less than 10 years.
Growing Dividend: MCRI has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Monarch Casino & Resort Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (MCRI) | 1.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Hospitality) | 1.9% |
| Analyst forecast (MCRI) (up to 3 years) | 1.4% |
Notable Dividend: MCRI's dividend (1.44%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: MCRI's dividend (1.44%) is low compared to the top 25% of dividend payers in the US market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26%), MCRI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24.8%), MCRI's dividend payments are well covered by cash flows.