Southern Cross Media Group (FRA:6MM) Dividend Payout Ratio : 1.75 (As of Dec. 2023)

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What is Southern Cross Media Group Dividend Payout Ratio?

Southern Cross Media Group's dividend payout ratio for the months ended in Dec. 2023 was 1.75.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Southern Cross Media Group Ltd is 2.13, which seems too high.

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

FRA:6MM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.53 Med: 0.81 Max: 2.1
Current: 2.1

During the past 13 years, the highest Dividend Payout Ratio of Southern Cross Media Group was 2.10. The lowest was 0.53. And the median was 0.81.

FRA:6MM's Dividend Payout Ratio is ranked worse than
95.5% of 333 companies
in the Media - Diversified industry
Industry Median: 0.41 vs FRA:6MM: 2.10

As of today (2024-05-26), the Dividend Yield % of Southern Cross Media Group is 4.19%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Southern Cross Media Group was 46.98%. The lowest was 3.89%. And the median was 7.35%.

Southern Cross Media Group's Dividends per Share for the months ended in Dec. 2023 was €0.01.

During the past 12 months, Southern Cross Media Group's average Dividends Per Share Growth Rate was -26.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -30.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Southern Cross Media Group was 43.20% per year. The lowest was -57.50% per year. And the median was -11.35% per year.

The growth rate is calculated with least square regression.

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

Southern Cross Media Group Dividend Payout Ratio Historical Data

The historical data trend for Southern Cross Media 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.

Southern Cross Media Group Dividend Payout Ratio Chart

Southern Cross Media Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.68

0.99

0.88

1.07

Southern Cross Media 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															0.80	-	0.83	2.33	1.75

Competitive Comparison of Southern Cross Media Group's Dividend Payout Ratio

For the Entertainment subindustry, Southern Cross Media 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.

Southern Cross Media Group's Dividend Payout Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Southern Cross Media Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Southern Cross Media Group's Dividend Payout Ratio falls into.

Southern Cross Media Group Dividend Payout Ratio Calculation

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

Southern Cross Media 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 )
	=	0.058	/	0.054
	=	1.07

Southern Cross Media 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 )
	=	0.014	/	0.008
	=	1.75

Southern Cross Media Group (FRA:6MM) 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.

Southern Cross Media Group Dividend Payout Ratio Related Terms

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

Southern Cross Media Group (FRA:6MM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Southern Cross Media Group Ltd (FRA:6MM) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

SXL:Australia

Address

101 Moray Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.southerncrossaustereo.com.au

Southern Cross Media broadcasts television and radio content across Australia and generates revenue and earnings mainly from sales of airtime to advertisers. In metropolitan areas, it runs two radio networks (Hit and Triple M). In regional areas, the company runs a portfolio of radio stations and television stations. It is also investing in digital audio, which has fast-growing audiences.

Southern Cross Media Group (FRA:6MM) Headlines

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