Nine Entertainment Co. Holdings Limited Stock Dividends
NEC.AX pays dividends biannually. Last paid amount was $0.0400 at Apr 18, 2024. As of today, dividend yield (TTM) is 2.60%.
Dividend Yield Range
AI Analysis of NEC.AX
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 2.60% |
|---|---|
| Frequency | Biannually |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0400 |
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Nine Entertainment Co. Holdings Limited has not yet announced its next dividend date. Last payment date was: Apr 18, 2024.
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NEC Dividend Payout History
To ensure a understanding of NEC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 08, 2024 | Mar 08, 2024 | Apr 18, 2024 | $0.0400 | 2.60% |
| 2 | Mar 03, 2023 | Mar 03, 2023 | Mar 03, 2023 | $0.0600 | 3.21% |
| 3 | Sep 09, 2022 | Sep 09, 2022 | Sep 09, 2022 | $0.0700 | 3.27% |
| 4 | Mar 03, 2022 | Mar 03, 2022 | Mar 03, 2022 | $0.0700 | 2.57% |
| 5 | Sep 09, 2021 | Sep 09, 2021 | Sep 09, 2021 | $0.0550 | 2.08% |
| 6 | Mar 04, 2021 | Mar 04, 2021 | Mar 04, 2021 | $0.0500 | 1.69% |
| 7 | Sep 09, 2020 | Sep 09, 2020 | Sep 09, 2020 | $0.0200 | 1.21% |
| 8 | Feb 26, 2020 | Mar 05, 2020 | Apr 20, 2020 | $0.0500 | 4.17% |
| 9 | Aug 22, 2019 | Sep 26, 2019 | Oct 17, 2019 | $0.0500 | 2.72% |
| 10 | Feb 21, 2019 | Mar 05, 2019 | Apr 18, 2019 | $0.0500 | 2.91% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
NEC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from NEC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NEC stock here.
Comparing NEC to Sector and Country
NEC.AX pays a solid dividend yield of 2.60%, which is higher than the average of the bottom 25% of dividend payers in the AU market (0.703%). NEC.AX’s dividend yield is lower than the average of the top 25% of dividend payers in the Communication Services sector in the AU market (4.47%), which means that there are more attractive dividend stocks to consider.
