Galaxy Entertainment Group Dividend
Dividend criteria checks 3/6
Galaxy Entertainment Group is a dividend paying company with a current yield of 3.21% that is well covered by earnings.
Key information
3.2%
Dividend yield
26%
Payout ratio
| Industry average yield | 2.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.000 |
| Earnings per share | US$1.90 |
| Dividend yield forecast | 4.4% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GXYE.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: GXYE.F's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Galaxy Entertainment Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GXYE.F) | 3.2% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Hospitality) | 2.0% |
| Analyst forecast (GXYE.F) (up to 3 years) | 4.4% |
Notable Dividend: GXYE.F's dividend (3.21%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: GXYE.F's dividend (3.21%) is low compared to the top 25% of dividend payers in the US market (4.27%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (26.3%), GXYE.F's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.2%), GXYE.F's dividend payments are covered by cash flows.