Lottomatica Group S.p.A., together with its subsidiaries, operates in the gaming market in Italy. The company operates through three segments: Online, Sports Franchise, and Gaming Franchise. The Online segment provides a range of online games, such as sport betting, virtual betting, horse betting, casino games, bingo, poker, betting exchange, and skill games through the GoldBet.it, Better.it, Lottomatica.it, and Betflag.it websites. The Sports Franchise segment offers various retail offerings, including sports betting, virtual betting, and horserace betting under the GoldBet, Intralot, and Better brands. The Gaming Franchise segment engages in the management of gaming halls and concession activities for video lottery terminals and amusement with prize machines. Lottomatica Group S.p.A. was incorporated in 2019 and is based in Rome, Italy. Lottomatica Group S.p.A. is a subsidiary of Gamma Intermediate Sarl.
Lottomatica Dividend Announcement
• Lottomatica announced a annually dividend of €0.26 per ordinary share which will be made payable on . Ex dividend date: 2024-05-20
• Lottomatica annual dividend for 2024 was €0.26
• Lottomatica's trailing twelve-month (TTM) dividend yield is 2.06%
• Lottomatica's payout ratio for the trailing twelve months (TTM) is 3.45%
Lottomatica Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-20 | €0.26 | annually |
Lottomatica Dividend per year
Lottomatica Dividend Yield
Lottomatica current trailing twelve-month (TTM) dividend yield is 2.06%. Interested in purchasing Lottomatica stock? Use our calculator to estimate your expected dividend yield:
Lottomatica Financial Ratios
Lottomatica Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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