According to the latest status from August 2024, Dover Motorsports paid a total of 0.08 USD per share in dividends within the last 12 months. With the current Dover Motorsports price of 3.61 USD, this corresponds to a dividend yield of 2.22 %. A dividend is paid times per year.
| 1.94 % Dividend Yield | = |
|
A dividend is paid times per year. Last year, the payout months were and .
| Paydate | Dividend |
|---|---|
| 12/9/2021 | 0.04 |
| 6/7/2021 | 0.04 |
| 12/9/2020 | 0.07 |
| 12/7/2019 | 0.1 |
| 12/8/2018 | 0.08 |
| 12/9/2017 | 0.08 |
| 12/8/2016 | 0.05 |
| 12/6/2015 | 0.05 |
| 12/6/2014 | 0.05 |
| 12/7/2013 | 0.05 |
| 12/6/2013 | 0.05 |
| 12/7/2012 | 0.04 |
| 6/6/2009 | 0.01 |
| 3/6/2009 | 0.01 |
| 12/6/2008 | 0.02 |
| 9/6/2008 | 0.02 |
| 6/7/2008 | 0.02 |
| 3/6/2008 | 0.02 |
| 12/7/2007 | 0.02 |
| 9/8/2007 | 0.02 |
Dover Motorsports has been increasing the dividend for 2 years.
Over the past 10 years, Dover Motorsports has increased it by an annual 0 %.
Over a five-year period, the distribution increased by 6.961%.
Analysts expect a Dividend Cut of -100% for the current fiscal year.
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The yearly payout ratio for Dover Motorsports represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
A lower payout ratio for Dover Motorsports could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Evaluate Dover Motorsports's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
| Date | Dover Motorsports Payout ratio |
|---|---|
| 2022e | 48.51 % |
| 2021e | 46.85 % |
| 2020 | 33.41 % |
| 2019 | 65.27 % |
| 2018 | 41.86 % |
| 2017 | 34.57 % |
| 2016 | 47.63 % |
| 2015 | 34.15 % |
| 2014 | 58.06 % |
| 2013 | 181.5 % |
| 2012 | 31.57 % |
| 2011 | 46.85 % |
| 2010 | 46.85 % |
| 2009 | -12.2 % |
| 2008 | -37.79 % |
| 2007 | 58.22 % |
| 2006 | -6.12 % |
| 2005 | 42.5 % |
| 2004 | 66.83 % |
| 2003 | -7.22 % |
| 2002 | -16.32 % |
| 2001 | 24.62 % |
| Payout ratio | |
|---|---|
| 2001 | 24.62 % |
| 2002 | -16.32 % |
| 2003 | -7.22 % |
| 2004 | 66.83 % |
| 2005 | 42.5 % |
| 2006 | -6.12 % |
| 2007 | 58.22 % |
| 2008 | -37.79 % |
| 2009 | -12.2 % |
| 2010 | 46.85 % |
| 2011 | 46.85 % |
| 2012 | 31.57 % |
| 2013 | 181.5 % |
| 2014 | 58.06 % |
| 2015 | 34.15 % |
| 2016 | 47.63 % |
| 2017 | 34.57 % |
| 2018 | 41.86 % |
| 2019 | 65.27 % |
| 2020 | 33.41 % |
| 2021e | 46.85 % |
| 2022e | 48.51 % |
Dover Motorsports’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Examining Dover Motorsports's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Dover Motorsports's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Changes in Dover Motorsports’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
Over the past 12 months, Dover Motorsports paid a dividend of 0.07 USD . This corresponds to a dividend yield of about 1.94 %. For the coming 12 months, Dover Motorsports is expected to pay a dividend of 0.08 USD.
The current dividend yield of Dover Motorsports is 1.94 %.
Dover Motorsports pays a quarterly dividend. This is distributed in the months of December, December, June, December.
Dover Motorsports paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0.08 USD are expected. This corresponds to a dividend yield of 2.22 %.
Dover Motorsports is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Dover Motorsports from 12/10/2021 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 11/9/2021.
The last dividend was paid out on 12/10/2021.
In the year 2023, Dover Motorsports distributed 0.07 USD as dividends.
The dividends of Dover Motorsports are distributed in USD.
Our stock analysis for Dover Motorsports Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Dover Motorsports Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
