Nine Entertainment Co. Holdings Limited engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia. It operates through Broadcasting, Digital and Publishing, Domain Group, and Stan segments. The company provides television services under the brands, including 9Network, Channel 9, 9Gem, 9Go!, 9Life, and 9Rush; video on demand platform under 9Now brand; radio stations under 2GB, 3AW, 4BC, and 6PR brands; and publishes newspapers, news-inserted magazines, digital, and events, as well as nine.com.au, a site of news, lifestyle, sport, and entertainment content. It also offers mastheads under The Sydney Morning Herald, The Age, The Australian Financial Review, Brisbane Times, WAtoday, The Sun-Herald, and The Sunday Age brands. In addition, the company provides real estate media and technology services. Nine Entertainment Co. Holdings Limited was founded in 1956 and is headquartered in North Sydney, Australia.
Nine Entertainment Dividend Announcement
• Nine Entertainment announced a semi annually dividend of A$0.04 per ordinary share which will be made payable on 2024-10-24. Ex dividend date: 2024-09-12
• Nine Entertainment annual dividend for 2024 was A$0.08
• Nine Entertainment annual dividend for 2023 was A$0.11
• Nine Entertainment's trailing twelve-month (TTM) dividend yield is 7.51%
• Nine Entertainment's payout ratio for the trailing twelve months (TTM) is 131.72%
• Nine Entertainment's dividend growth over the last five years (2018-2023) was 1.92% year
Nine Entertainment Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-12 | A$0.04 | semi annually | 2024-10-24 |
2024-03-08 | A$0.04 | semi annually | |
2023-09-08 | A$0.05 | semi annually | 2023-10-19 |
2023-03-03 | A$0.06 | semi annually | 2023-04-20 |
2022-09-09 | A$0.07 | semi annually | 2022-10-20 |
2022-03-03 | A$0.07 | semi annually | 2022-04-21 |
2021-09-09 | A$0.06 | semi annually | 2021-10-20 |
2021-03-04 | A$0.05 | semi annually | 2021-04-20 |
2020-09-09 | A$0.02 | semi annually | 2020-10-20 |
2020-03-05 | A$0.05 | semi annually | 2020-04-20 |
2019-09-26 | A$0.05 | semi annually | 2019-10-17 |
2019-03-05 | A$0.05 | semi annually | 2019-04-18 |
2018-09-04 | A$0.05 | semi annually | 2018-10-17 |
2018-03-06 | A$0.05 | semi annually | 2018-04-18 |
2017-09-04 | A$0.05 | semi annually | 2017-10-19 |
2017-03-07 | A$0.04 | semi annually | 2017-04-19 |
2016-09-05 | A$0.04 | semi annually | 2016-10-19 |
2016-03-02 | A$0.08 | semi annually | 2016-04-19 |
2015-09-14 | A$0.05 | semi annually | 2015-10-19 |
2015-03-06 | A$0.04 | semi annually | 2015-04-17 |
2014-09-03 | A$0.04 | semi annually | 2014-10-17 |
Nine Entertainment Dividend per year
Nine Entertainment Dividend growth
Nine Entertainment Dividend Yield
Nine Entertainment current trailing twelve-month (TTM) dividend yield is 7.51%. Interested in purchasing Nine Entertainment stock? Use our calculator to estimate your expected dividend yield:
Nine Entertainment Financial Ratios
Nine Entertainment Dividend FAQ
Other factors to consider when evaluating Nine Entertainment as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Nine Entertainment's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Nine Entertainment publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Nine Entertainment distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Nine Entertainment are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Nine Entertainment sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Nine Entertainment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Nine Entertainment declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Nine Entertainment's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Nine Entertainment's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.