As of today (2024-05-28), the Trailing Annual Dividend Yield of Reef Casino Trust is 0.00%.
Warning Sign:
Reef Casino Trust stock dividend yield is close to 2-year low.
The historical rank and industry rank for Reef Casino Trust's Dividend Yield % or its related term are showing as below:
During the past 13 years, the highest Dividend Yield of Reef Casino Trust was 12.40%. The lowest was 3.02%. And the median was 7.33%.
RCTUF's Dividend Yield % is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.25 * Ranked among companies with meaningful Dividend Yield % only.
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Reef Casino Trust is 1.00, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Reef Casino Trust was 8.91. The lowest was 1.00. And the median was 1.00.
During the past 12 months, Reef Casino Trust's average Dividends Per Share Growth Rate was -40.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 30.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 13.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -2.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Reef Casino Trust was 38.60% per year. The lowest was -24.60% per year. And the median was 8.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Reef Casino Trust Dividend Yield % Historical Data
The historical data trend for Reef Casino Trust'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.
Competitive Comparison of Reef Casino Trust's Dividend Yield %
For the Resorts & Casinos subindustry, Reef Casino Trust'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.
Reef Casino Trust's Dividend Yield % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Reef Casino Trust's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Reef Casino Trust's Dividend Yield % falls into.
Reef Casino Trust Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Reef Casino Trust Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.122500
2023-12-28
2023-12-29
2024-03-13
Cash Dividend
semi-annually
AUD:USD 0.669344
AUD 0.094400
2023-06-29
2023-06-30
2023-09-13
Cash Dividend
semi-annually
AUD:USD 0.671141
* 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.
Reef Casino Trust's Trailing Annual Dividend Yield (%) for Today is calculated as
* 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.
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.
Thank you for viewing the detailed overview of Reef Casino Trust's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Reef Casino Trust (Reef Casino Trust) Business Description
Reef Casino Trust is engaged in the operation of the reef hotel-casino complex located in Cairns, Queensland, Australia. The company derives revenue from the casino which includes electronic gaming and table games, and hotel which includes room accommodation and food and beverage. The majority of the revenue is generated from the rental income received from the casino operations.
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