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Southern Cross Media Group Limited, together with its subsidiaries, engages in the creation of audio content for distribution on broadcast and digital networks. It operates in two segments, Audio and Television. The company owns 99 radio stations in FM, AM, and DAB+ radio, as well as 34 regional radio stations; broadcasts 93 free to air TV signals in regional Australia; operates LiSTNR, an audio destination for consumers housing radio, podcasts, music, and news; and offers sales representation for open audio platform SoundCloud and Sonos Radio. It also provides social media, live events, and digital platforms that deliver national and local entertainment, and news content. The company was formerly known as Macquarie Media Group. Southern Cross Media Group Limited was incorporated in 2005 and is based in South Melbourne, Australia.

Southern Cross Media Dividend Announcement

Southern Cross Media announced a semi annually dividend of A$0.01 per ordinary share which will be made payable on 2024-04-12. Ex dividend date: 2024-03-13
Southern Cross Media annual dividend for 2024 was A$0.01
Southern Cross Media annual dividend for 2023 was A$0.07
Southern Cross Media's trailing twelve-month (TTM) dividend yield is 1.87%
Southern Cross Media's payout ratio for the trailing twelve months (TTM) is -3.42%
Southern Cross Media's dividend growth over the last five years (2018-2023) was 4.30% year
Southern Cross Media's dividend growth over the last ten years (2013-2023) was 0.61% year

Southern Cross Media Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-03-13A$0.01semi annually2024-04-12
2023-09-01A$0.02semi annually2023-10-04
2023-03-02A$0.05semi annually2023-04-11
2022-09-01A$0.05semi annually2022-10-04
2022-03-08A$0.04semi annually2022-04-07
2021-09-01A$0.05semi annually2021-10-01
2020-03-01A$0.00semi annually
2019-09-06A$0.03semi annually2019-10-08
2019-02-28A$0.03semi annually2019-04-11
2018-09-07A$0.03semi annually2018-10-09
2018-03-01A$0.03semi annually2018-04-12
2017-09-08A$0.03semi annually2017-10-10
2017-03-01A$0.03semi annually2017-04-11
2016-09-01A$0.02semi annually2016-10-11
2016-04-05A$0.02semi annually2016-05-06
2015-09-25A$0.02semi annually2015-11-04
2015-03-31A$0.02semi annually2015-05-12
2014-09-25A$0.02semi annually2014-11-03
2014-03-31A$0.03semi annually2014-04-24
2013-09-23A$0.03semi annually2013-10-21
2013-04-01A$0.03semi annually2013-04-26

Southern Cross Media Dividend per year

Southern Cross Media Dividend growth

Southern Cross Media Dividend Yield

Southern Cross Media current trailing twelve-month (TTM) dividend yield is 1.87%. Interested in purchasing Southern Cross Media stock? Use our calculator to estimate your expected dividend yield:

Southern Cross Media Financial Ratios

P/E ratio-0.59
PEG ratio-0.01
P/B ratio0.65
ROE-70.66%
Payout ratio-3.42%
Current ratio1.56
Quick ratio1.56
Cash Ratio0.14

Southern Cross Media Dividend FAQ

How much is the next Southern Cross Media dividend?
Southern Cross Media's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Southern Cross Media dividend. The next Southern Cross Media dividend will be released in March, or September.
When is Southern Cross Media dividend paid?
Southern Cross Media pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Southern Cross Media pay?
The specific amount of Southern Cross Media dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Southern Cross Media's dividend history.
Does Southern Cross Media stock pay dividends?
Yes, Southern Cross Media does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Southern Cross Media's dividend history.
How much dividend does Southern Cross Media pay?
Southern Cross Media paid A$0.01 in 2024, A$0.068 in 2023, A$0.092 in 2022, A$0.05 in 2021, and A$0.002 in 2020.
How often does Southern Cross Media pay dividends?
Southern Cross Media typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and September.
What is Southern Cross Media's dividend yield?
The current dividend yield for Southern Cross Media is 1.87%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Southern Cross Media's exact dividend yield.
When does Southern Cross Media go ex dividend?
Southern Cross Media's ex-dividend date for the latest dividend was on 2024-03-13. Southern Cross Media typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Southern Cross Media dividend paid?
Southern Cross Media pays dividends on a semi annually basis, typically around March, or September, but the exact dates can vary each year.
Will Southern Cross Media increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Southern Cross Media will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Southern Cross Media dividend per share?
Southern Cross Media paid A$0.01 per share in 2024 and A$0.068 per share in 2023. The amount of dividend per share that Southern Cross Media pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Southern Cross Media a dividend aristocrat?
No, 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 Southern Cross Media a dividend king?
No, 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 Southern Cross Media a dividend stock?
Yes, Southern Cross Media is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Southern Cross Media a good dividend stock?
Whether Southern Cross Media is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Southern Cross Media has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Southern Cross Media 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.
Does Southern Cross Media pay dividends monthly?
Southern Cross Media typically pays dividends on a semi annually basis.
Does Southern Cross Media pay dividends quarterly?
Southern Cross Media currently pays dividends on a semi annually basis.
Has Southern Cross Media ever paid a dividend?
Yes, Southern Cross Media has a history of paying dividends to its shareholders. Southern Cross Media is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Southern Cross Media dividend stocks?
To buy Southern Cross Media 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Southern Cross Media 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.
When does Southern Cross Media pay dividends 2024?
Southern Cross Media pays dividends on a semi annually basis. 2024 dividend payments are in 2024-04-12. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Southern Cross Media increase its dividend in 2024?
Decisions regarding Southern Cross Media dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Southern Cross Media dividend overview you can look into the above table of dividend history.
How Southern Cross Media dividend works?
The Southern Cross Media dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Southern Cross Media's dividend process works:

1. Determination of Dividend: Southern Cross Media'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, Southern Cross Media 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, Southern Cross Media 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 Southern Cross Media 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.
How are Southern Cross Media dividends paid?
Southern Cross Media dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Southern Cross Media 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, Southern Cross Media distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Southern Cross Media 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.
How many times does Southern Cross Media pay dividends?
Southern Cross Media typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Southern Cross Media pay dividends?
The general pattern is that Southern Cross Media pays dividends around March, and September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Southern Cross Media dividend safe?
The safety of Southern Cross Media's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Southern Cross Media'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 Southern Cross Media'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.