The Lottery (ASX:TLC) Dividend Payout Ratio : 0.68 (As of Dec. 2023)

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What is The Lottery Dividend Payout Ratio?

The Lottery's dividend payout ratio for the months ended in Dec. 2023 was 0.68.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of The Lottery Corp Ltd is 1.09, which seems too high.

The historical rank and industry rank for The Lottery's Dividend Payout Ratio or its related term are showing as below:

ASX:TLC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.67 Med: 0.67 Max: 1.09
Current: 1.09

During the past 2 years, the highest Dividend Payout Ratio of The Lottery was 1.09. The lowest was 0.67. And the median was 0.67.

ASX:TLC's Dividend Payout Ratio is ranked worse than
87.68% of 284 companies
in the Travel & Leisure industry
Industry Median: 0.37 vs ASX:TLC: 1.09

As of today (2024-05-04), the Dividend Yield % of The Lottery is 2.90%.

During the past 2 years, the highest Trailing Annual Dividend Yield of The Lottery was 3.19%. The lowest was 0.00%. And the median was 0.00%.

The Lottery's Dividends per Share for the months ended in Dec. 2023 was A$0.06.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

The Lottery Dividend Payout Ratio Historical Data

The historical data trend for The Lottery's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Lottery Dividend Payout Ratio Chart

The Lottery Annual Data

Trend

Jun22

Jun23

Dividend Payout Ratio

0.67

The Lottery Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Dividend Payout Ratio	-	-	-	1.95	0.68

Competitive Comparison of The Lottery's Dividend Payout Ratio

For the Gambling subindustry, The Lottery's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Lottery's Dividend Payout Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where The Lottery's Dividend Payout Ratio falls into.

The Lottery Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

The Lottery's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	0.08	/	0.12
	=	0.67

The Lottery's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.06	/	0.088
	=	0.68

The Lottery (ASX:TLC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

The Lottery Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of The Lottery's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

The Lottery (ASX:TLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Lottery Corp Ltd (ASX:TLC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LTRCF:USA

Address

180 Ann Street, Level 8, Brisbane, QLD, AUS, 4000

Website

https://www.thelotterycorporation.com

The Lottery Corp is Australia's largest provider of lottery, Keno and instant scratch products, with long-dated and/or exclusive licences for lottery in all Australian states and territories except Western Australia, and in most states and territories for Keno. The Lottery Corp has a distribution network of over 3,800 franchised retailers selling instant scratch and lottery products through vendors such as newsagents, service stations, pharmacies, and convenience stores, in addition to online sales. Keno is sold in over 3,400 pubs and clubs.