SKY Network Television Limited (NZSE:SKT) Goes Ex-Dividend Soon
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that SKY Network Television Limited (NZSE:SKT) is about to go ex-dividend in just four days. The company's next dividend payment will be NZ$0.10 per share, and in the last 12 months, the company paid a total of NZ$0.19 per share. Last year's total dividend payments show that SKY Network Television has a trailing yield of 7.5% on the current share price of NZ$2.52.
- The ex-dividend date serves as a crucial threshold for investors to determine their eligibility for the upcoming dividend payment, highlighting the importance of timing in making informed investment decisions.
- As SKY Network Television continues to distribute an unusually high percentage of its profit as dividends, it remains to be seen whether this practice will be sustainable in the long term and what potential implications it may have on the company's financial health.