Last Chance: Nine Entertainment Holdings (ASX:NEC) Set to Pay AU$0.53 Dividend in Four Days
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 06 2025
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Source: Yahoo Finance
Ex-Dividend Date and Payment: Nine Entertainment Co. is approaching its ex-dividend date on September 11, 2023, with a dividend payment of AU$0.53 per share scheduled for September 26, 2023. Investors must purchase shares before the ex-dividend date to qualify for the dividend.
Dividend Sustainability Concerns: The company paid out 114% of its profits as dividends last year, raising concerns about sustainability, although it did cover 52% of its free cash flow. Despite strong earnings growth of 36% per annum over the past five years, the average decline in dividend payments over the last decade is a warning sign for potential investors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
