GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Speedway Motorsports Inc (NYSE:TRK) » Definitions » Dividend Yield %

Speedway Motorsports (Speedway Motorsports) Dividend Yield % : 3.03% (As of Apr. 26, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Speedway Motorsports Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Speedway Motorsports is 3.03%.

The historical rank and industry rank for Speedway Motorsports's Dividend Yield % or its related term are showing as below:

TRK' s Dividend Yield % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.03
Current: 3.03

During the past 13 years, the highest Dividend Yield of Speedway Motorsports was 3.03%. The lowest was 0.00%. And the median was 0.00%.

TRK's Dividend Yield % is not ranked
in the Travel & Leisure industry.
Industry Median: 2.205 vs TRK: 3.03

Speedway Motorsports's Dividend Payout Ratio for the three months ended in Jun. 2019 was 0.35.

During the past 13 years, the highest Dividend Payout Ratio of Speedway Motorsports was 0.65. The lowest was 0.00. And the median was 0.00.

As of today (2024-04-26), the Forward Dividend Yield % of Speedway Motorsports is 3.03%.

Speedway Motorsports's Dividends per Share for the three months ended in Jun. 2019 was $0.15.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Speedway Motorsports Dividend Yield % Historical Data

The historical data trend for Speedway Motorsports's Dividend Yield % can be seen below:

* 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.

Speedway Motorsports Dividend Yield % Chart

Speedway Motorsports Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.74 2.90 2.77 3.18 3.69

Speedway Motorsports Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.46 3.36 3.69 4.15 3.23

Competitive Comparison of Speedway Motorsports's Dividend Yield %

For the Leisure subindustry, Speedway Motorsports'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.


Speedway Motorsports's Dividend Yield % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Speedway Motorsports's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Speedway Motorsports's Dividend Yield % falls into.



Speedway Motorsports Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Speedway Motorsports  (NYSE:TRK) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Speedway Motorsports Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Speedway Motorsports's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Speedway Motorsports (Speedway Motorsports) Business Description

Traded in Other Exchanges
N/A
Address
5555 Concord Parkway South, Concord, NC, USA, 28027
Speedway Motorsports Inc act as a promoter, marketer and sponsor of motorsports activities in the United States. The company also provides souvenir merchandising, including screen-printing and embroidery, as well as food, beverage, and hospitality catering services; and radio programming, production, and distribution services. It operates through motorsports event related segments. The motorsports event related segment includes admissions, event related, NASCAR broadcasting and event motorsports merchandising activities. Speedway generates most of the income from NASCAR broadcasting which include rights fees obtained for domestic television broadcasts of NASCAR-sanctioned events.
Executives
James P Holden director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Mark M Gambill director 5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
William R Brooks director, officer: Chief Financial Officer 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Marcus G Smith director, 10 percent owner, officer: Chief Executive Officer 5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
O Bruton Smith director, 10 percent owner, officer: Executive Chairman 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Bryan Scott Smith director, 10 percent owner 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Byrd Bernard Clinton Jr director 4401 COLWICK ROAD, CHARLOTTE NC 28211
David Bruton Smith 10 percent owner C/O SONIC AUTOMOTIVE, INC., 6415 IDLEWILD ROAD, SUITE 109, CHARLOTTE NC 28212
Robert L Rewey director 401 LONE PINE COURT, BLOOMFIELD HILLS MI 48304
William P Benton director PARKLANE TOWERS WEST, 3 PARKLANE BLVD STE 1610, DEARBORN MI 48126

Speedway Motorsports (Speedway Motorsports) Headlines

From GuruFocus

Alsco Widens Its Footprint with Speedway Motorsports in 2021

By Business Wire Business Wire 02-02-2021