Southern Cross Media Group Stock

Southern Cross Media Group Dividend 2024

Southern Cross Media Group Dividend

0.1 AUD

Southern Cross Media Group Dividend yield

14.83 %

Ticker

SXL.AX

ISIN

AU000000SXL4

WKN

A0PEF6

How much dividend does Southern Cross Media Group 2024 pay?

According to the latest status from July 2024, Southern Cross Media Group paid a total of 0.1 AUD per share in dividends within the last 12 months. With the current Southern Cross Media Group price of 0.66 AUD, this corresponds to a dividend yield of 14.83 %. A dividend is paid times per year.

14.83 % Dividend Yield=
0.1 AUD Dividend
0.66 AUD Stock Price

Historical Southern Cross Media Group Dividends

A dividend is paid times per year. Last year, the payout months were April and October.

PaydateDividend
4/14/20240.01
10/1/20230.03
4/3/20230.07
10/1/20220.07
4/9/20220.06
10/1/20210.07
10/6/20190.06
4/1/20190.05
10/7/20180.06
4/2/20180.05
10/8/20170.06
4/2/20170.05
10/1/20160.05
5/5/20160.05
10/25/20150.04
5/1/20150.04
10/25/20140.04
5/1/20140.06
10/23/20130.06
5/2/20130.06
1
2

Southern Cross Media Group dividend history and estimates

In 2023, Southern Cross Media Group paid a dividend amounting to 0.1 AUD. Dividend means that Southern Cross Media Group distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Southern Cross Media Group provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Southern Cross Media Group’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Southern Cross Media Group's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Southern Cross Media Group Dividend History

DateSouthern Cross Media Group Dividend
2028e9.33 undefined
2027e9.22 undefined
2026e10.72 undefined
2025e8.06 undefined
2024e8.9 undefined
20230.1 undefined
20220.13 undefined
20210.07 undefined
20190.79 undefined
20180.79 undefined
20170.79 undefined
20160.69 undefined
20150.61 undefined
20140.76 undefined
20130.91 undefined
20121.02 undefined
20110.96 undefined
20100.58 undefined
20090.4 undefined
20081.44 undefined
20072.66 undefined
20061.73 undefined
20050.16 undefined

Is the Southern Cross Media Group Dividend Safe?

Southern Cross Media Group has been increasing the dividend for 2 years.

Over the past 10 years, Southern Cross Media Group has increased it by an annual -20.08 %.

Over a five-year period, the distribution increased by -34.188%.

Analysts expect a Dividend Increase of 857.067% for the current fiscal year.

Southern Cross Media Group dividend payout ratio

In 2023, Southern Cross Media Group had a payout ratio of 46,654.16%. The payout ratio indicates the percentage of the company's profits that Southern Cross Media Group distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Southern Cross Media Group 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.

How to Interpret the Data

A lower payout ratio for Southern Cross Media Group 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.

Using the Data for Investments

Evaluate Southern Cross Media Group'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.

Southern Cross Media Group Payout Ratio History

DateSouthern Cross Media Group Payout ratio
2028e28,575.63 %
2027e28,240.38 %
2026e32,843.82 %
2025e24,642.7 %
2024e27,234.6 %
202346,654.16 %
2022-22.67 %
202139.34 %
202035,010.3 %
2019-93.16 %
2018104,912.85 %
201778.7 %
201695.5 %
2015-218.29 %
2014-181.3 %
2013652.68 %
2012780.99 %
2011801.83 %
2010-253.24 %
2009-91.05 %
2008495.93 %
20071,023.19 %
20068,655.8 %
2005114.14 %
200435,010.3 %

Dividend Details

Understanding Southern Cross Media Group's Dividend Distributions

Southern Cross Media Group’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.

Year-to-Year Comparison

Examining Southern Cross Media Group'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.

Impact on Investments

Southern Cross Media Group'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.

Interpreting Dividend Fluctuations

Changes in Southern Cross Media Group’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.

Southern Cross Media Group Aktienanalyse

What does Southern Cross Media Group do?

Southern Cross Media Group Ltd is an Australian company that was formed in 2011 through the merger of two media companies: Southern Cross Broadcasting and Austereo Group. The company is listed on the Australian stock exchange and employs approximately 1700 employees. It focuses on providing entertainment and information content for the Australian audience, particularly in the areas of radio, television, and outdoor advertising. The company operates over 80 radio stations, including well-known brands such as "Triple M" and "Hit Network", as well as regional television stations under the "Seven Network" brand. It also operates a significant outdoor advertising business with about 5000 billboards and digital media across Australia. In addition to its core areas, the company offers online streaming platforms, music apps, and marketing solutions for corporate clients. It is considered a major player in the Australian media landscape but has also faced controversies surrounding the content of radio shows and the political alignment of TV stations. Overall, it is a versatile company that has demonstrated its ability to adapt to changing audience and advertising demands. Southern Cross Media Group is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Southern Cross Media Group stock

How much dividend does Southern Cross Media Group pay?

Over the past 12 months, Southern Cross Media Group paid a dividend of 0.1 AUD . This corresponds to a dividend yield of about 14.83 %. For the coming 12 months, Southern Cross Media Group is expected to pay a dividend of 8.06 AUD.

What is the dividend yield of Southern Cross Media Group?

The current dividend yield of Southern Cross Media Group is 14.83 %.

When does Southern Cross Media Group pay dividends?

Southern Cross Media Group pays a quarterly dividend. This is distributed in the months of October, May, October, May.

How secure is the dividend of Southern Cross Media Group?

Southern Cross Media Group paid dividends every year for the past 8 years.

What is the dividend of Southern Cross Media Group?

For the upcoming 12 months, dividends amounting to 8.06 AUD are expected. This corresponds to a dividend yield of 1,230.14 %.

In which sector is Southern Cross Media Group located?

Southern Cross Media Group is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Southern Cross Media Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Southern Cross Media Group from 4/12/2024 amounting to 0.014 AUD, you needed to have the stock in your portfolio before the ex-date on 3/14/2024.

When did Southern Cross Media Group pay the last dividend?

The last dividend was paid out on 4/12/2024.

What was the dividend of Southern Cross Media Group in the year 2023?

In the year 2023, Southern Cross Media Group distributed 0.132 AUD as dividends.

In which currency does Southern Cross Media Group pay out the dividend?

The dividends of Southern Cross Media Group are distributed in AUD.

Andere Kennzahlen von Southern Cross Media Group

Our stock analysis for Southern Cross Media Group 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 Southern Cross Media Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.