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Stingray Group (Stingray Group) 3-Year Dividend Growth Rate

: 2.30% (As of Dec. 2023)
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Stingray Group's Dividends per Share for the three months ended in Dec. 2023 was $0.06.

The historical rank and industry rank for Stingray Group's 3-Year Dividend Growth Rate or its related term are showing as below:

STGYF' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.3   Med: 14.5   Max: 36.2
Current: 2.3

During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Stingray Group was 36.20% per year. The lowest was 2.30% per year. And the median was 14.50% per year.

STGYF's 3-Year Dividend Growth Rate is ranked worse than
63.76% of 218 companies
in the Media - Diversified industry
Industry Median: 8.2 vs STGYF: 2.30

During the past 3 years, the average Dividends Per Share Growth Rate was 2.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.20% 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.

Stingray Group's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.28. As of today, Stingray Group's Dividend Yield % is 4.11%.

Warning Sign:

Stingray Group Inc stock dividend yield is close to 3-year low.

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


Competitive Comparison

For the Broadcasting subindustry, Stingray Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Stingray Group 3-Year Dividend Growth Rate Distribution

For the Media - Diversified industry and Communication Services sector, Stingray Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Stingray Group's 3-Year Dividend Growth Rate falls into.



Stingray Group 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

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.


Stingray Group  (OTCPK:STGYF) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Stingray Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.056/ 0.201
=0.28

During the past 9 years, the highest Dividend Payout Ratio of Stingray Group was 0.70. The lowest was 0.19. And the median was 0.40.

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

Stingray Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0752024-02-282024-02-292024-03-15Cash DividendquarterlyCAD:USD 0.737028
CAD 0.0752023-11-292023-11-302023-12-15Cash DividendquarterlyCAD:USD 0.735998
CAD 0.0752023-08-302023-08-312023-09-15Cash DividendquarterlyCAD:USD 0.738607
CAD 0.0752023-05-302023-05-312023-06-15Cash DividendquarterlyCAD:USD 0.735943

* 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.

Stingray Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.2210682/5.43
=4.07 %

Current Share Price is $5.43.
Stingray Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.2210682.

During the past 9 years, the highest Dividend Yield of Stingray Group was 7.67%. The lowest was 0.41%. And the median was 3.91%.

Warning Sign:

Stingray Group Inc stock dividend yield is close to 3-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.


Stingray Group 3-Year Dividend Growth Rate Related Terms>


Stingray Group (Stingray Group) Business Description

Traded in Other Exchanges
Address
730 Wellington Street, Montreal, QC, CAN, H3C 1T4
Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely the Broadcasting and commercial music segment and Radio segment. The company generates maximum revenue from the Broadcasting and commercial music segment.

Stingray Group (Stingray Group) Headlines

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