Monarch Casino & Resort (Monarch Casino & Resort) Dividend Payout Ratio

: 0.32 (As of Dec. 2023)

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Monarch Casino & Resort's dividend payout ratio for the months ended in Dec. 2023 was 0.32.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Monarch Casino & Resort Inc is 1.40, which seems too high.

The historical rank and industry rank for Monarch Casino & Resort's Dividend Payout Ratio or its related term are showing as below:

MCRI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 1.4 Med: 1.41 Max: 1.41
Current: 1.4

During the past 13 years, the highest Dividend Payout Ratio of Monarch Casino & Resort was 1.41. The lowest was 1.40. And the median was 1.41.

MCRI's Dividend Payout Ratio is ranked worse than
91.23% of 285 companies
in the Travel & Leisure industry
Industry Median: 0.38 vs MCRI: 1.40

As of today (2024-04-19), the Dividend Yield % of Monarch Casino & Resort is 1.77%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Monarch Casino & Resort was 9.49%. The lowest was 1.75%. And the median was 8.17%.

Monarch Casino & Resort's Dividends per Share for the months ended in Dec. 2023 was $0.30.

The growth rate is calculated with least square regression.

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

Monarch Casino & Resort Dividend Payout Ratio Historical Data

The historical data trend for Monarch Casino & Resort'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.

Monarch Casino & Resort Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

1.41

Monarch Casino & Resort Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																-	5.56	0.26	0.24	0.32

Competitive Comparison

For the Resorts & Casinos subindustry, Monarch Casino & Resort'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.

Monarch Casino & Resort Dividend Payout Ratio Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Monarch Casino & Resort's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Monarch Casino & Resort's Dividend Payout Ratio falls into.

Monarch Casino & Resort Dividend Payout Ratio Calculation

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

Monarch Casino & Resort's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	5.9	/	4.2
	=	1.40

Monarch Casino & Resort'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 )
	=	0.3	/	0.93
	=	0.32

Monarch Casino & Resort (NAS:MCRI) 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.

Monarch Casino & Resort Dividend Payout Ratio Related Terms

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Monarch Casino & Resort (Monarch Casino & Resort) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Monarch Casino & Resort Inc (NAS:MCRI) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

3800 South Virginia Street, Reno, NV, USA, 89502

Website

https://www.monarchcasino.com

Monarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.

Executives

John Farahi	director, 10 percent owner, officer: Co-Chairman and CEO	MONARCH CASINO & RESORT INC, 1175 MOANA LANE SUITE 200, RENO NV 89509
Bob Farahi	director, 10 percent owner, officer: Co-Chairman and President	MONARCH CASINO & RESORT INC, 3800 S. VIRGINIA STREET, RENO NV 89502
David-jacques Farahi	officer: Chief Operating Officer	3800 S. VIRGINIA STREET, RENO NV 89502
Edwin S. Koenig	officer: CAO	3800 S. VIRGINIA STREET, RENO NV 89502
Ben Farahi	10 percent owner	3652 SOUTH VIRGINIA ST., SUITE C7, RENO NV 89502
Craig F Sullivan	director
Richard L. Cooley	officer: Vice President of Finance	3800 S. VIRGINIA STREET, RENO NV 89502
Ronald Rowan	officer: Chief Financial Officer	3800 S. VIRGINIA STREET, EXECUTIVE OFFICES, RENO NV 89502
Paul Andrews	director	3800 S. VIRGINIA STREET, RENO NV 89502
Yvette Landau	director
Ronald R Zideck	director
Charles W Scharer	director	C/O GAMETECH INTERNATIONAL INC, 900 SANDHILL ROAD, RENO NV 89521