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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 dateDividend amountDividend typePay date
2024-05-20€0.26annually

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

P/E ratio61.56
PEG ratio0.62
P/B ratio6.74
ROE10.55%
Payout ratio3.45%
Current ratio0.66
Quick ratio0.65
Cash Ratio0.25

Lottomatica Dividend FAQ

Does Lottomatica stock pay dividends?
Lottomatica does not currently pay dividends to its shareholders.
Has Lottomatica ever paid a dividend?
No, Lottomatica has no a history of paying dividends to its shareholders. Lottomatica is not known for its dividend payments.
Why doesn't Lottomatica pay dividends?
There are several potential reasons why Lottomatica would choose not to pay dividends to their shareholders:

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.
Will Lottomatica ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Lottomatica has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Lottomatica a dividend aristocrat?
Lottomatica is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Lottomatica a dividend king?
Lottomatica is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Lottomatica a dividend stock?
No, Lottomatica is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Lottomatica stocks?
To buy Lottomatica you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Lottomatica stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.