If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nine Entertainment Co. Holdings Ltd is 1.83, which seems too high.
Warning Sign:
Nine Entertainment Co. Holdings Ltd stock dividend yield is close to 1-year low.
During the past 12 months, Nine Entertainment Co. Holdings's average Dividends Per Share Growth Rate was -21.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 9.10% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Nine Entertainment Co. Holdings was 9.10% per year. The lowest was -11.20% per year. And the median was 5.80% per year.
For more information regarding to dividend, please check our Dividend Page.
Nine Entertainment Co. Holdings Dividends per Share Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Nine Entertainment Co. Holdings Dividends per Share Chart
Competitive Comparison of Nine Entertainment Co. Holdings's Dividends per Share
For the Entertainment subindustry, Nine Entertainment Co. Holdings's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nine Entertainment Co. Holdings's Dividend Yield % Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nine Entertainment Co. Holdings's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nine Entertainment Co. Holdings's Dividend Yield % falls into.
Nine Entertainment Co. Holdings Dividends per Share Calculation
Dividends paid to per common share.
Nine Entertainment Co. Holdings (ASX:NEC) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Nine Entertainment Co. Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 10 years, the highest Dividend Payout Ratio of Nine Entertainment Co. Holdings was 1.83. The lowest was 0.01. And the median was 0.62.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Nine Entertainment Co. Holdings Ltd is 1.83, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Nine Entertainment Co. Holdings Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.040000
2024-03-08
2024-03-11
2024-04-18
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.050000
2023-09-08
2023-09-11
2023-10-19
Cash Dividend
semi-annually
AUD:AUD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Nine Entertainment Co. Holdings's Dividend Yield (%) for Today is calculated as
Current Share Price is A$1.475.
Nine Entertainment Co. Holdings's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.09.
During the past 10 years, the highest Dividend Yield of Nine Entertainment Co. Holdings was 15.12%. The lowest was 2.27%. And the median was 5.81%.
Warning Sign:
Nine Entertainment Co. Holdings Ltd stock dividend yield is close to 1-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nine Entertainment Co. Holdings Dividends per Share Related Terms
Thank you for viewing the detailed overview of Nine Entertainment Co. Holdings's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Nine Entertainment Co. Holdings (ASX:NEC) Business Description
Nine Entertainment operates Nine Network, a free-to-air TV network across five capital cities, as well as in regional Northern New South Wales and Darwin. It also owns 9Now, a leading broadcast video on demand operation in Australia. The merger with Fairfax combines Nine's top-ranked TV network and the second-largest newspaper group, topped with a collection of quality digital assets in Nine Digital, subscription video on demand operator Stan, and Fairfax's 60%-owned Domain. It ensures the merged entity remains prominent in the eyes of audiences and advertisers.
Nine Entertainment Co. Holdings (ASX:NEC) Headlines
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