A rough way to check this is with these two simple ratios: a) net debt divided by EBITDA (earnings before interest, tax, depreciation and amortisation), and b) net interest cover. Southern Cross Media Group's dividend hasn't shrunk linearly at 1.5% per annum, but the CAGR is a useful estimate of the historical rate of change.When a company's per-share dividend falls we question if this reflects poorly on either external business conditions, or the company's capital allocation decisions. We've heard about your trouble, Tom, In rousting out the Boer; You shall not fight out there alone Amid the cannon's roar, The blood that stirred our noble sires To build up England's Fame, Re-kindles in Colonial sons Southern Cross Media Group has net debt of 1.93 times its EBITDA, which is generally an okay level of debt for most companies.We calculated its interest cover by measuring its earnings before interest and tax (EBIT), and dividing this by the company's net interest expense. Southern Cross Media Group has EBIT of 6.42 times its interest expense, which we think is adequate.Remember, you can always get a snapshot of Southern Cross Media Group's latest financial position, From the perspective of an income investor who wants to earn dividends for many years, there is not much point buying a stock if its dividend is regularly cut or is not reliable.
James is part of the CFA Institute’s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. When a company recently reported a loss, we should investigate if its cash flows covered the dividend.Southern Cross Media Group paid out 72% of its cash flow as dividends last year, which is within a reasonable range for the average corporation.Given Southern Cross Media Group is paying a dividend but reported a loss over the past year, we need to check its balance sheet for signs of financial distress.
It's not that we think it's a bad business; just that there are other companies that perform better on these criteria.Companies that are growing earnings tend to be the best dividend stocks over the long term. What does MSCM stand for? Preparing to help after Jobkeeper; Beach missions on hold Is Southern Cross Media Group Limited Growing? After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more. Southern Cross Media Group's dividend hasn't shrunk linearly at 1.5% per annum, but the CAGR is a useful estimate of the historical rate of change. Over the last three years Southern Cross Media Group Limited has shrunk its earnings per share by an average of 95% per year (measured with a line of best fit). Southern Cross Media Group Limited (SXL) Dividends. Each company boasts strong growth prospects over the next 3 to 5 years, and most importantly each pays a generous (and fully franked) dividend! In sum, we find it hard to get excited about Southern Cross Media Group from a dividend perspective.
If a company pays more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. This is a long way from its 52-week high of $1.43. We were also glad to see it growing earnings, but it was concerning to see the dividend has been cut at least once in the past. For more information please see our The Motley Fool Australia, PO Box 4635, Ashmore, Qld 4214James Mickleboro has been a Motley Fool contributor since late 2015. During the past ten-year period, the first annual payment was AU$0.09 in 2010, compared to AU$0.077 last year.
Dividend paying stocks like Southern Cross Media Group Limited (With Southern Cross Media Group yielding 8.4% and having paid a dividend for over 10 years, many investors likely find the company quite interesting. MSCM abbreviation stands for Macquarie Southern Cross Media. Southern Cross welcomes media enquiries about health, medical, travel and pet-related topics. So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered! Net debt to EBITDA measures total debt load relative to company earnings (lower = less debt), while net interest cover measures the ability to pay interest on the debt (higher = greater ability to pay interest costs). It would not be a surprise to discover that many investors buy it for the dividends. Southern Cross Media Group Limited (SXL) is a media provider which owns and engages in the broadcasting of content on free to air commercial radio (AM, FM and digital), TV and online media platforms across Australia. Lyrics. Where to invest $1,000 right now. Boys of the Southern Cross was a popular song sung by New Zealand soldiers during the South African War. For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50. This was the start of a love affair with Australian equities and he hasn’t looked back since. Find out more at Intelligent Investor Here’s why they are sinking lower:When investing expert Scott Phillips has a stock tip, it can pay to listen.
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