Stingray Dividends

RAY-A Stock  CAD 7.80  0.07  0.89%   
At this time, Stingray's Dividend Yield is comparatively stable compared to the past year. Dividend Paid And Capex Coverage Ratio is likely to gain to 3.58 in 2024, whereas Dividends Paid is likely to drop slightly above 18.8 M in 2024. Stingray's past performance could be the main factor of why investors trade Stingray Group stock today. Investors should clearly understand every aspect of the Stingray dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Stingray's dividend schedule and payout information. Stingray Group dividends can also provide a clue to the current valuation of Stingray.
Last ReportedProjected for Next Year
Dividends Paid20.7 M18.8 M
Dividend Yield 0.04  0.05 
Dividend Payout Ratio(1.51)(1.43)
Dividend Paid And Capex Coverage Ratio 3.41  3.58 
One of the primary advantages of investing in dividend-paying companies such as Stingray is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive.
  
Investing in dividend-paying stocks, such as Stingray Group is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Stingray must own a stock before its ex-dividend date to receive its next dividend.

Stingray Expected Dividend Income Per Share

Dividend payment represents part of Stingray's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Stingray. Stingray's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.17
Bottom Scenario
C$0.18
$0.18
Top Scenario
One Year
Stingray Group expected dividend income per share adjusted for ongoing price standard deviation

Stingray Past Distributions to stockholders

Please note, there is a significant difference between Stingray's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stingray is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stingray's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Compare Dividends Across Peers

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