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Sky Network Television (ASX:SKT) Dividend Yield % : 5.63% (As of May. 06, 2024)


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What is Sky Network Television Dividend Yield %?

As of today (2024-05-06), the Trailing Annual Dividend Yield of Sky Network Television is 5.63%.

Warning Sign:

Sky Network Television Ltd stock dividend yield is close to 5-year low.

The historical rank and industry rank for Sky Network Television's Dividend Yield % or its related term are showing as below:

ASX:SKT' s Dividend Yield % Range Over the Past 10 Years
Min: 3.36   Med: 6.51   Max: 56.63
Current: 5.63

During the past 13 years, the highest Dividend Yield of Sky Network Television was 56.63%. The lowest was 3.36%. And the median was 6.51%.

ASX:SKT's Dividend Yield % is ranked better than
79.79% of 386 companies
in the Media - Diversified industry
Industry Median: 2.82 vs ASX:SKT: 5.63

Sky Network Television's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.44.

During the past 13 years, the highest Dividend Payout Ratio of Sky Network Television was 4.27. The lowest was 0.40. And the median was 0.72.

As of today (2024-05-06), the Forward Dividend Yield % of Sky Network Television is 5.63%.

Sky Network Television's Dividends per Share for the six months ended in Dec. 2023 was A$0.08.

During the past 12 months, Sky Network Television's average Dividends Per Share Growth Rate was 70.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Sky Network Television was 18.00% per year. The lowest was -20.60% per year. And the median was 10.50% per year.

The growth rate is calculated with least square regression.

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


Sky Network Television Dividend Yield % Historical Data

The historical data trend for Sky Network Television's Dividend Yield % 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.

Sky Network Television Dividend Yield % Chart

Sky Network Television Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.39 - - - 5.93

Sky Network Television Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Dividend Yield % 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 - - 3.60 5.93 5.41

Competitive Comparison of Sky Network Television's Dividend Yield %

For the Entertainment subindustry, Sky Network Television'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.


Sky Network Television's Dividend Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sky Network Television's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Sky Network Television's Dividend Yield % falls into.



Sky Network Television Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Sky Network Television Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
AUD 0.0650002024-03-072024-03-082024-03-22Cash Dividendsemi-annuallyAUD:AUD 1.000000
AUD 0.0820002023-09-072023-09-082023-09-22Cash Dividendsemi-annuallyAUD: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.

Sky Network Television's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.147/2.56
=5.74 %

Current Share Price is A$2.56.
Sky Network Television's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.147.

Sky Network Television's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.13/2.56
=5.08 %

Current Share Price is A$2.56.
Sky Network Television's Dividends per Share for the forward twelve months is calculated as A$0.065 * 2 = A$0.13.

* 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.


Sky Network Television  (ASX:SKT) 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Sky Network Television Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Sky Network Television's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sky Network Television (ASX:SKT) Business Description

Traded in Other Exchanges
Address
10 Panorama Road, Mt Wellington, Auckland, NZL, 1060
Sky Network Television is the monopoly satellite pay-TV service provider in New Zealand, and distributes local and overseas content to its customers through a digital satellite network. It generates subscription and content revenue from these customers. This business is augmented by a free-to-air television channel (Prime) and expansion into other distribution channels such as online video on demand and online access to live sports.