Sky City Entmt Gp Dividend yield




   NZD/share 
 Price  3.21
 Dividend  0.24
 Earnings  0.33
 Cash-flow  0.10
 Book value  1.89
 Equity  1.68

Sky City Entmt Gp is part of Travel and Leisure business, which is part of Consumer Services industry. Sky City Entmt Gp is a company from New Zealand, and his stocks are publicly traded.

Sky City Entmt Gp paid a total dividend of 182 million NZD last year, for a market value of 2,440 millions (Market Cap 2,429 millions). Dividend per share of Sky City Entmt Gp is 0.24 NZD, and his stock market price 3.21 NZD.

According to the chart below, where dividend yield is displayed, Sky City Entmt Gp has a dividend yield of 7.33%, which is higher than the amount offered by both the market average and companies from New Zealand. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Sky City Entmt Gp dividend yield with other Travel and Leisure companies or firms from New Zealand.

Dividend yield of Sky City Entmt Gp

Sky City Entmt Gp Dividend Payout

About the ability of Sky City Entmt Gp to maintain his current dividend of NZD 0.24 per share, an amount that accounts for 7.33%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Sky City Entmt Gp payout on ernings is currently 72.73%, which is higher than the market average, and companies of Consumer Services industry, which are 38.57% and 29.05% respectively. Both figures show that Sky City Entmt Gp can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Sky City Entmt Gp is NZD 0.10 per share, which is lower than the dividend per share paid by the company of NZD 0.24, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Sky City Entmt Gp, compared againt world market average, New Zealand companies, Consumer Services industry and Travel and Leisure sector companies.

Sky City Entmt Gp payout

Sky City Entmt Gp Dividend History

Year Yield  NZD  Paypout  Shares* 
Present7.33%0.2472.73%760
20195.93%0.24104.35%672
20186.63%0.2488.89%680
20175.24%0.22275.00%674
20165.31%0.2187.50%657
20154.87%0.2083.33%588

*In millions

Sky City Entmt Gp Stock performance

Finally, last moth Sky City Entmt Gp showed a return of 5.20% compared to a worldwide 3.99% average, and a 2.70% of Consumer Services firms. Over the last year, the company obtained a -19.10% versus a worldwide performance of a 6.65%. More detailed information can be seen in the following graph for New Zealand and Travel and Leisure firms.

Sky City Entmt Gp stock and market return