SkyCity Entertainment Group (ASX:SKC) Dividend Payout Ratio : 2.00 (As of Dec. 2023)

View and export this data going back to 1999. Start your Free Trial

What is SkyCity Entertainment Group Dividend Payout Ratio?

SkyCity Entertainment Group's dividend payout ratio for the months ended in Dec. 2023 was 2.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of SkyCity Entertainment Group Ltd is 2.14, which seems too high.

The historical rank and industry rank for SkyCity Entertainment Group's Dividend Payout Ratio or its related term are showing as below:

ASX:SKC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.38 Med: 0.91 Max: 2.15
Current: 2.15

During the past 13 years, the highest Dividend Payout Ratio of SkyCity Entertainment Group was 2.15. The lowest was 0.38. And the median was 0.91.

ASX:SKC's Dividend Payout Ratio is ranked worse than
95.17% of 290 companies
in the Travel & Leisure industry
Industry Median: 0.385 vs ASX:SKC: 2.15

As of today (2024-05-15), the Dividend Yield % of SkyCity Entertainment Group is 6.70%.

During the past 13 years, the highest Trailing Annual Dividend Yield of SkyCity Entertainment Group was 13.16%. The lowest was 2.37%. And the median was 4.94%.

SkyCity Entertainment Group's Dividends per Share for the months ended in Dec. 2023 was A$0.06.

During the past 3 years, the average Dividends Per Share Growth Rate was -33.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of SkyCity Entertainment Group was 56.00% per year. The lowest was -33.10% per year. And the median was 0.75% per year.

The growth rate is calculated with least square regression.

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

SkyCity Entertainment Group Dividend Payout Ratio Historical Data

The historical data trend for SkyCity Entertainment Group'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.

* Premium members only.

SkyCity Entertainment Group Dividend Payout Ratio Chart

SkyCity Entertainment Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.92

0.38

1.04

SkyCity Entertainment Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	2.33	2.00

Competitive Comparison of SkyCity Entertainment Group's Dividend Payout Ratio

For the Resorts & Casinos subindustry, SkyCity Entertainment Group'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.

SkyCity Entertainment Group's Dividend Payout Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SkyCity Entertainment Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where SkyCity Entertainment Group's Dividend Payout Ratio falls into.

SkyCity Entertainment Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

SkyCity Entertainment Group's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.056	/	0.054
	=	1.04

SkyCity Entertainment 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	/	0.028
	=	2.00

SkyCity Entertainment Group (ASX:SKC) Dividend Payout Ratio Explanation

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.

SkyCity Entertainment Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of SkyCity Entertainment Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

SkyCity Entertainment Group (ASX:SKC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SkyCity Entertainment Group Ltd (ASX:SKC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SKYZF:USA SKC:New Zealand RX4:Germany

Address

99 Albert Street, Level 13, P.O. Box 6443, Auckland, NTL, NZL, 1010

Website

https://www.skycityentertainmentgroup.com

SkyCity Entertainment operates a number of casino-hotel complexes across Australia and New Zealand. The flagship property is SkyCity Auckland, the holder and operator of an exclusive casino licence (expiring in 2048) in New Zealand's most populous city. The company also owns smaller casinos in Hamilton and Queenstown. In Australia, the company operates SkyCity Adelaide (exclusive licence expiring in 2035).

SkyCity Entertainment Group (ASX:SKC) Headlines

No Headlines