Nine Entertainment Co. HoldingsASX:NEC -1.64%66 Dividend Yield % is 9.29% as of Jun. 24, 2026, which is 53% above its 10-year median of 6.07. GuruFocus rates ASX:NEC with a GF Score™ of 66/100 and a GF Value™ of A$1.34 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 394 Media - Diversified companies, Nine Entertainment Co. Holdings ranks better than 92.13% on this metric.
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.
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.
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 Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
* 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 Yield % Chart
ASX:NEC vs NFLX, DIS, WBD: Dividend Yield % Comparison
For the Entertainment subindustry, Nine Entertainment Co. Holdings's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nine Entertainment Co. Holdings's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Nine Entertainment Co. Holdings's Dividend Yield % falls into.
Nine Entertainment Co. Holdings Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Nine Entertainment Co. Holdings Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.045000
2026-03-09
2026-03-10
2026-04-23
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.040000
2025-09-11
2025-09-12
2025-09-26
Cash Dividend
semi-annually
AUD:AUD 1.000000
* 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.
* 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 (ASX:NEC) has a Dividend Yield % of 9.29% as of Jun. 24, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Nine Entertainment Co. Holdings and its competitors. This is 53% above median its historical median of 6.07. Over the past decade, Nine Entertainment Co. Holdings' Dividend Yield % has ranged from 2.27 to 15.12. According to the industry distribution chart, Nine Entertainment Co. Holdings ranks #31 out of 394 companies in the Media - Diversified industry, placing it in the top 7.9%.
Is Nine Entertainment Co. Holdings' Dividend Yield % too high?
Nine Entertainment Co. Holdings' current Dividend Yield % of 9.29% is 53% above median its 10-year median of 6.07. Over the past 10 years, this metric has ranged from a low of 2.27 to a high of 15.12. The Media - Diversified industry median Dividend Yield % is 3.10. Nine Entertainment Co. Holdings' value of 9.29% is 200.2% above this industry median. Based on the distribution chart, Nine Entertainment Co. Holdings ranks #31 out of 394 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Nine Entertainment Co. Holdings has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nine Entertainment Co. Holdings' Dividend Yield % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Nine Entertainment Co. Holdings ranks #31 out of 394 companies for Dividend Yield %. This places Nine Entertainment Co. Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Dividend Yield % is 3.10. Nine Entertainment Co. Holdings' value of 9.29% is 200.2% above this benchmark. Historically, Nine Entertainment Co. Holdings' own Dividend Yield % has ranged from 2.27 to 15.12 over the past decade. While the company's 10-year median is 6.07 vs. the industry median of 3.10, 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 Yield % for a Media - Diversified company?
The median Dividend Yield % among Media - Diversified companies is 3.10, based on 394 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nine Entertainment Co. Holdings's current Dividend Yield % of 9.29% is 200.2% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Nine Entertainment Co. Holdings and its competitors. For the Media - Diversified industry, the median Dividend Yield % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Entertainment Co. Holdings's current Dividend Yield % is 9.29%, which is 53% above median its own 10-year median of 6.07. 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$0.90 — trading 32.8% below its estimated fair value. The current Dividend Yield % is 9.29%, which is 53% above median its 10-year median of 6.07 and 200.2% above the Media - Diversified industry median of 3.10. Nine Entertainment Co. Holdings' overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Nine Entertainment Co. Holdings (ASX:NEC), the current Dividend Yield % is 9.29% as of Jun. 24, 2026. 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$0.90 is trading 32.8% 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 Yield %: 9.29% (53% above median its 10-year median of 6.07)
GF Value™: A$1.34 vs. price of A$0.90 (32.8% below fair value)
Industry Position: 200.2% above the Media - Diversified median (#31 of 394)
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
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.
66GF Score
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