Nine Entertainment Co. Holdings Limited (ASX:NEC) Announces $0.05 Interim Dividend

Nine Entertainment Co. Holdings Limited (ASX:NEC) declared a interim dividend on Wednesday, February 25th, MarketIndexAU Dividends reports. Investors of record on Wednesday, April 22nd will be paid a dividend of 0.045 per share on Wednesday, April 22nd. This represents a dividend yield of 423.0%. The ex-dividend date of this dividend is Sunday, March 8th.

Nine Entertainment Price Performance

The firm has a market cap of $2.37 billion, a P/E ratio of 21.74, a price-to-earnings-growth ratio of -214.80 and a beta of 1.07. The company has a debt-to-equity ratio of 67.98, a quick ratio of 0.62 and a current ratio of 1.03.

Nine Entertainment Company Profile

Nine Entertainment Co Holdings Limited engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia. It operates through Broadcasting, Digital and Publishing, Domain Group, and Stan segments. The company provides television services under the brands, including 9Network, Channel 9, 9Gem, 9Go!, 9Life, and 9Rush; video on demand platform under 9Now brand; radio stations under 2GB, 3AW, 4BC, and 6PR brands; and publishes newspapers, news-inserted magazines, digital, and events, as well as nine.com.au, a site of news, lifestyle, sport, and entertainment content.