Nine Entertainment Co. Holdings (ASX:NEC) Dividend Payout Ratio: 0.78 (As of Dec. 2025) — 13% Above Median


ASX:NEC Nine Entertainment Co. Holdings Ltd ASX:NEC
73 GF Score
Price A$0.88
GF Value A$1.34
Valuation Possible Value Trap
! 6 Warning Signs
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What is Nine Entertainment Co. Holdings Dividend Payout Ratio?

Nine Entertainment Co. Holdings ASX:NEC -0.56% 73 Dividend Payout Ratio is 0.78 as of Dec. 2025, which is 13% above its 10-year median of 0.69. GuruFocus rates ASX:NEC with a GF Score™ of 73/100 and a GF Value™ of A$1.34 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 325 Media - Diversified companies, Nine Entertainment Co. Holdings ranks worse than 84.31% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Nine Entertainment Co. Holdings's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.78.

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 1.12, which seems too high.

The historical rank and industry rank for Nine Entertainment Co. Holdings's Dividend Payout Ratio or its related term are showing as below:

ASX:NEC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.69   Max: 1.25
Current: 1.12

During the past 12 years, the highest Dividend Payout Ratio of Nine Entertainment Co. Holdings was 1.25. The lowest was 0.01. And the median was 0.69.

ASX:NEC's Dividend Payout Ratio is ranked worse than
84.31% of 325 companies
in the Media - Diversified industry
Industry Median: 0.5 vs ASX:NEC: 1.12

As of today (2026-06-27), the Dividend Yield % of Nine Entertainment Co. Holdings is 9.66%.

During the past 12 years, the highest Trailing Annual Dividend Yield of Nine Entertainment Co. Holdings was 15.12%. The lowest was 2.27%. And the median was 6.07%.

Nine Entertainment Co. Holdings's Dividends per Share for the months ended in Dec. 2025 was A$0.04.

During the past 12 months, Nine Entertainment Co. Holdings's average Dividends Per Share Growth Rate was -11.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -13.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -0.30% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Nine Entertainment Co. Holdings was 9.10% per year. The lowest was -13.80% per year. And the median was 5.80% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Nine Entertainment Co. Holdings (ASX:NEC) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

Nine Entertainment Co. Holdings Dividend Payout Ratio Related Terms

Nine Entertainment Co. Holdings Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Nine Entertainment Co. Holdings's Dividend Payout Ratio 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.

Nine Entertainment Co. Holdings Dividend Payout Ratio Chart

Nine Entertainment Co. Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.63 0.01 0.77 0.76

Nine Entertainment Co. Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio 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 0.83 4.00 0.90 2.19 0.78

ASX:NEC vs NFLX, DIS, WBD: Dividend Payout Ratio Comparison

For the Entertainment subindustry, Nine Entertainment Co. Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nine Entertainment Co. Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nine Entertainment Co. Holdings's Dividend Payout Ratio falls into.


ASX:NEC
73GF Score
Nine Entertainment Co. Holdings Ltd ASX:NEC
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nine Entertainment Co. Holdings Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Nine Entertainment Co. Holdings's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2025 )/ EPS without NRI (A: Jun. 2025 )
=0.08/ 0.105
=0.76

Nine Entertainment Co. Holdings's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.04/ 0.051
=0.78

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.78 mean?
Nine Entertainment Co. Holdings (ASX:NEC) has a Dividend Payout Ratio of 0.78 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nine Entertainment Co. Holdings and its competitors. This is 13% above median its historical median of 0.69. Over the past decade, Nine Entertainment Co. Holdings' Dividend Payout Ratio has ranged from 0.01 to 1.25. According to the industry distribution chart, Nine Entertainment Co. Holdings ranks #274 out of 325 companies in the Media - Diversified industry, placing it in the top 84.3%.
Is Nine Entertainment Co. Holdings' Dividend Payout Ratio too high?
Nine Entertainment Co. Holdings' current Dividend Payout Ratio of 0.78 is 13% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.25. The Media - Diversified industry median Dividend Payout Ratio is 0.50. Nine Entertainment Co. Holdings' value of 0.78 is 56% above this industry median. Based on the distribution chart, Nine Entertainment Co. Holdings ranks #274 out of 325 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Nine Entertainment Co. Holdings has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nine Entertainment Co. Holdings' Dividend Payout Ratio compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Nine Entertainment Co. Holdings ranks #274 out of 325 companies for Dividend Payout Ratio. This places Nine Entertainment Co. Holdings in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Nine Entertainment Co. Holdings' value of 0.78 is 56% above this benchmark. Historically, Nine Entertainment Co. Holdings' own Dividend Payout Ratio has ranged from 0.01 to 1.25 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.50, Nine Entertainment Co. Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Media - Diversified company?
The median Dividend Payout Ratio among Media - Diversified companies is 0.50, based on 325 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nine Entertainment Co. Holdings's current Dividend Payout Ratio of 0.78 is 56% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nine Entertainment Co. Holdings and its competitors. For the Media - Diversified industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Entertainment Co. Holdings's current Dividend Payout Ratio is 0.78, which is 13% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Entertainment Co. Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nine Entertainment Co. Holdings (ASX:NEC) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.34, compared to a current price of A$0.88 — trading 34.3% below its estimated fair value. The current Dividend Payout Ratio is 0.78, which is 13% above median its 10-year median of 0.69 and 56% above the Media - Diversified industry median of 0.50. Nine Entertainment Co. Holdings' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Nine Entertainment Co. Holdings (ASX:NEC), the current Dividend Payout Ratio is 0.78 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nine Entertainment Co. Holdings (ASX:NEC) Overvalued in 2026?

Based on GuruFocus' analysis, Nine Entertainment Co. Holdings stock appears to be undervalued. The current stock price of A$0.88 is trading 34.3% below its estimated GF Value™ of A$1.34. GuruFocus considers Nine Entertainment Co. Holdings to be Possible Value Trap.

Key valuation signals for ASX:NEC:

  • Dividend Payout Ratio: 0.78 (13% above median its 10-year median of 0.69)
  • GF Value™: A$1.34 vs. price of A$0.88 (34.3% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 56% above the Media - Diversified median (#274 of 325)

No single metric tells the full story. See the ASX:NEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nine Entertainment Co. Holdings Business Description

Other Exchanges NNMTF:USA
Address 1 Denison Street, Level 9, North Sydney, Sydney, NSW, AUS, 2060
Nine Entertainment is the largest media conglomerate in Australia. It operates Nine Network, a free-to-air TV network across five capital cities, as well as in a number of regional areas. It owns 9Now, a leading broadcast video on demand, or BVOD, business. Its publishing unit is the second-largest newspaper group in Australia with key mastheads such as Australian Financial Review, Sydney Morning Herald, and The Age. Nine also operates a leading domestic-owned subscription video on demand, or SVOD, business in Australia called Stan, and a talk-based radio network. In March 2026, Nine completed the purchase of outdoor advertising entity QMS Media for AUD 850 million.
73GF Score

Get the complete analysis for ASX:NEC

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.88
Price
A$1.34
GF Value