Stingray Group Inc. operates as a music, media, and technology company worldwide. The company offers Stingray Music, a multiplatform music service that gives listeners free access to curated music channels on television (TV), web, and mobile; Stingray Naturescape, a channel in 4K resolution; Stingray Now 4K, a curated 4K TV channel; and Stingray Festival 4K, a television channel that broadcasts exclusively in native 4K and Dolby Digital audio. It also provides Stingray Qello, an over-the-top streaming service on TV, mobile, and the web; Stingray Classica, a TV channel dedicated to classical music, including operas, ballets, concerts, and documentaries; Stingray iConcerts, a source for various live concerts; and Stingray DJAZZ, a TV channel dedicated to jazz and jazz-related genres, such as soul, blues, funk, gospel, hip-hop, fusion, reggae, Latin, swing, and bebop. In addition, the company offers karaoke services comprising The Voice, Yokee Piano, Yokee Karaoke, Yokee Guitar, Piano Academy, The Piano Keyboard, Stingray Kids' Karaoke, and Yokee Music, as well as Stingray Karaoke, a video on demand and TV app. Further, it provides music videos TV channels that include Stingray Country, Stingray cmusic, PalmarèsADISQ par Stingray, Stingray Hits!, Stingray Vibe, Stingray Loud, Stingray Retro, Stingray LiteTV, and Stingray Juicebox; and operates approximately 100 radio stations across Canada, as well as offers advertising solutions. The company distributes its products and services through various platforms that include digital cable TV, satellite TV, IPTV, OTT, the internet, mobile devices, game consoles, and connected cars. It serves cable and telecom companies, retailers, small and medium businesses, and directly to consumers. The company was formerly known as Stingray Digital Group Inc. and changed its name to Stingray Group Inc. in December 2018. Stingray Group Inc. was founded in 2007 and is headquartered in Montreal, Canada.
Stingray Dividend Announcement
• Stingray announced a quarterly dividend of C$0.07 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-30
• Stingray annual dividend for 2024 was C$0.22
• Stingray annual dividend for 2023 was C$0.30
• Stingray's trailing twelve-month (TTM) dividend yield is 4.13%
• Stingray's payout ratio for the trailing twelve months (TTM) is -100.48%
• Stingray's dividend growth over the last five years (2018-2023) was 5.46% year
Stingray Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-30 | C$0.07 | quarterly | 2024-09-13 |
| 2024-05-31 | C$0.07 | quarterly | 2024-06-14 |
| 2024-02-28 | C$0.07 | quarterly | |
| 2023-11-29 | C$0.07 | quarterly | 2023-12-15 |
| 2023-08-30 | C$0.07 | quarterly | 2023-09-15 |
| 2023-05-30 | C$0.07 | quarterly | |
| 2023-02-27 | C$0.07 | quarterly | 2023-03-15 |
| 2022-11-29 | C$0.07 | quarterly | |
| 2022-08-30 | C$0.07 | quarterly | |
| 2022-05-30 | C$0.07 | quarterly | |
| 2022-02-25 | C$0.07 | quarterly | |
| 2021-11-29 | C$0.07 | quarterly | |
| 2021-08-30 | C$0.07 | quarterly | |
| 2021-05-28 | C$0.07 | quarterly | |
| 2021-02-25 | C$0.07 | quarterly | |
| 2020-11-27 | C$0.07 | quarterly | |
| 2020-08-28 | C$0.07 | quarterly | |
| 2020-05-28 | C$0.07 | quarterly | |
| 2020-02-27 | C$0.07 | quarterly | |
| 2019-11-28 | C$0.07 | quarterly | |
| 2019-08-29 | C$0.07 | quarterly | |
| 2019-05-30 | C$0.07 | quarterly | |
| 2019-02-27 | C$0.07 | quarterly | |
| 2018-11-29 | C$0.06 | quarterly | |
| 2018-08-30 | C$0.06 | quarterly | 2018-09-14 |
| 2018-05-30 | C$0.06 | quarterly | |
| 2018-02-27 | C$0.06 | quarterly | 2018-03-15 |
| 2017-11-29 | C$0.05 | quarterly | |
| 2017-08-29 | C$0.05 | quarterly | |
| 2017-05-29 | C$0.04 | quarterly | |
| 2017-02-24 | C$0.04 | quarterly | |
| 2016-11-28 | C$0.04 | quarterly | |
| 2016-08-29 | C$0.04 | quarterly | |
| 2016-05-27 | C$0.04 | quarterly | |
| 2016-02-25 | C$0.04 | quarterly | |
| 2015-11-26 | C$0.03 | quarterly | |
| 2015-08-27 | C$0.03 | quarterly |
Stingray Dividend per year
Stingray Dividend growth
Stingray Dividend Yield
Stingray current trailing twelve-month (TTM) dividend yield is 4.13%. Interested in purchasing Stingray stock? Use our calculator to estimate your expected dividend yield:
Stingray Financial Ratios
P/E ratio-24.23
PEG ratio-2.66
P/B ratio1.96
ROE-7.42%
Payout ratio-100.48%
Current ratio1.05
Quick ratio1.00
Cash Ratio0.09
Stingray Dividend FAQ
How much is the next Stingray dividend?
Stingray's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Stingray dividend. The next Stingray dividend will be released in February, May, August, or November.
When is Stingray dividend paid?
Stingray pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. 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 Stingray pay?
The specific amount of Stingray 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 Stingray's dividend history.
Does Stingray stock pay dividends?
Yes, Stingray 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 Stingray's dividend history.
How much dividend does Stingray pay?
Stingray paid C$0.225 in 2024, C$0.3 in 2023, C$0.3 in 2022, C$0.3 in 2021, and C$0.3 in 2020.
How often does Stingray pay dividends?
Stingray typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Stingray's dividend yield?
The current dividend yield for Stingray is 4.13%. 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 Stingray's exact dividend yield.
When does Stingray go ex dividend?
Stingray's ex-dividend date for the latest dividend was on 2024-08-30. Stingray 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 Stingray dividend paid?
Stingray pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Stingray 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 Stingray 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 Stingray dividend per share?
Stingray paid C$0.225 per share in 2024 and C$0.3 per share in 2023. The amount of dividend per share that Stingray 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 Stingray 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 Stingray 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 Stingray a dividend stock?
Yes, Stingray is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Stingray a good dividend stock?
Whether Stingray is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Stingray has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Stingray 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.
Other factors to consider when evaluating Stingray 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 Stingray pay dividends monthly?
Stingray typically pays dividends on a quarterly basis.
Does Stingray pay dividends quarterly?
Stingray currently pays dividends on a quarterly basis.
Has Stingray ever paid a dividend?
Yes, Stingray has a history of paying dividends to its shareholders. Stingray is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Stingray dividend stocks?
To buy Stingray 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 Stingray 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.
Place an order: Use the brokerage's trading platform to place an order to buy Stingray 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 Stingray pay dividends 2024?
Stingray pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-13. 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 Stingray increase its dividend in 2024?
Decisions regarding Stingray 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 Stingray dividend overview you can look into the above table of dividend history.
How Stingray dividend works?
The Stingray 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 Stingray's dividend process works:
1. Determination of Dividend: Stingray'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, Stingray 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, Stingray 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 Stingray 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. Determination of Dividend: Stingray'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, Stingray 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, Stingray 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 Stingray 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 Stingray dividends paid?
Stingray dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Stingray 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, Stingray distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Stingray 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.
1. Record Date: Stingray 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, Stingray distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Stingray 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 Stingray pay dividends?
Stingray typically pays dividends on a quarterly 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 Stingray pay dividends?
The general pattern is that Stingray pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Stingray dividend safe?
The safety of Stingray'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 Stingray'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 Stingray'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.
To assess the safety of Stingray'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 Stingray'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.