Red Rock Resorts Dividends and Buybacks
Dividend criteria checks 2/6
Red Rock Resorts is a dividend paying company with a current yield of 2.18% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 16th December, 2024.
Key information
2.2%
Dividend yield
0.5%
Buyback Yield
| Total Shareholder Yield | 2.7% |
| Future Dividend Yield | 2.2% |
| Dividend Growth | 9.9% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 16 Dec 24 |
| Dividend per share | US$1.000 |
| Payout ratio | 36% |
Recent dividend and buyback updates
Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25
Aug 01
Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Jun 08Recent updates
Red Rock Resorts: A Buy On Any Dip
Dec 12We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Nov 29Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 41% Below Their Intrinsic Value Estimate
Nov 11Red Rock Resorts (NASDAQ:RRR) Is Experiencing Growth In Returns On Capital
Oct 24Off-Strip Domination: Why Red Rock Is My Favorite Hotel And Casino In Vegas
Oct 20Investor Optimism Abounds Red Rock Resorts, Inc. (NASDAQ:RRR) But Growth Is Lacking
Aug 31Red Rock Resorts Update: The Bullish Trend Remains Intact
Aug 01Red Rock Resorts' (NASDAQ:RRR) Dividend Will Be $0.25
Aug 01Red Rock Resorts, Inc. Just Beat EPS By 36%: Here's What Analysts Think Will Happen Next
Jul 26We Think Red Rock Resorts (NASDAQ:RRR) Is Taking Some Risk With Its Debt
Jun 30Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Jun 08Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
May 25Earnings Update: Red Rock Resorts, Inc. (NASDAQ:RRR) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
May 10Red Rock Resorts: Under The Radar Despite Solid Performance
Apr 29Red Rock Resorts (NASDAQ:RRR) Has A Somewhat Strained Balance Sheet
Mar 16Red Rock Resorts (NASDAQ:RRR) Is Paying Out A Dividend Of $0.25
Feb 23RRR: An Update As The Shares Rise To New Highs
Feb 13Red Rock Resorts, Inc. Just Beat EPS By 84%: Here's What Analysts Think Will Happen Next
Feb 10Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 27% Below Their Intrinsic Value Estimate
Jan 25Stability and Growth of Payments
Fetching dividends data
Stable Dividend: RRR has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RRR's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Red Rock Resorts Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RRR) | 2.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Hospitality) | 1.9% |
| Analyst forecast (RRR) (up to 3 years) | 2.2% |
Notable Dividend: RRR's dividend (2.18%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: RRR's dividend (2.18%) is low compared to the top 25% of dividend payers in the US market (4.51%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (35.9%), RRR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (104%), RRR's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:45 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Red Rock Resorts, Inc. is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bain | Aegis Capital Corporation |
| Ishan Majumdar | Baptista Research |
| Brandt Montour | Barclays |