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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
The Lottery Dividend Yield % Historical Data
The historical data trend for The Lottery's Dividend Yield % 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 Yield % Chart
The Lottery Annual Data
Trend
Jun22
Jun23
Dividend Yield %
-
1.56
The Lottery Semi-Annual Data
Dec21
Jun22
Dec22
Jun23
Dec23
Dividend Yield %
-
-
-
1.56
2.89
Competitive Comparison of The Lottery's Dividend Yield %
For the Gambling subindustry, The Lottery's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, The Lottery's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where The Lottery's Dividend Yield % falls into.
The Lottery Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
The Lottery Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
AUD 0.080000
2024-02-28
2024-02-29
2024-03-28
Cash Dividend
semi-annually
AUD:AUD 1.000000
AUD 0.060000
2023-08-29
2023-08-30
2023-09-20
Cash Dividend
semi-annually
AUD:AUD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
The Lottery's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.14
/
4.90
=
2.86 %
Current Share Price is A$4.90. The Lottery's Dividends per Share for the trailing twelve months (TTM) ended in Today is A$0.14.
The Lottery's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.16
/
4.90
=
3.27 %
Current Share Price is A$4.90. The Lottery's Dividends per Share for the forward twelve months is calculated as A$0.08 * 2 = A$0.16.
* 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.
The Lottery (ASX:TLC) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
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.
Thank you for viewing the detailed overview of The Lottery's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ASX:TLC has been successfully added to your