Monarch Casino & Resort's last quarterly dividend was on May 31, 2024 (ex-date) with a distribution of $0.3 per share. At an annualized rate of $1.2 per share, the stock yields 1.54%.
MCRI has a dividend yield of 1.54% which is below the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 2.34%, Monarch Casino & Resort's dividend yield is 34% lower.
MCRI has issued four quarterly dividends in the last twelve months.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 31, 2024 | Jun 15, 2024 | Feb 6, 2023 | $0.3 | normal |
| Feb 29, 2024 | Mar 15, 2024 | Feb 6, 2023 | $0.3 | normal |
| Nov 30, 2023 | Dec 15, 2023 | Oct 18, 2023 | $0.3 | normal |
| Aug 31, 2023 | Sep 15, 2023 | Jul 19, 2023 | $0.3 | normal |
| May 31, 2023 | Jun 15, 2023 | Apr 19, 2023 | $0.3 | normal |
MCRI has a payout ratio of 27.8% which is lower than the Consumer Cyclical sector and the industry average. If we compare it with the Consumer Cyclical sector average of 38.1%, Monarch Casino & Resort's payout ratio is 27% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MCRI Monarch Casino & Resort Inc | 1.54% | $1.2 | 27.8% |
| WYNN Wynn Resorts Ltd | 1.23% | $1 | 13% |
| BYD Boyd Gaming Corp | 1.08% | $0.66 | 11.8% |
| MGM MGM Resorts International | N/A | N/A | N/A |
Monarch Casino & Resort has paid four dividends in the last 12 months.
Currently MCRI's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in August 2024.
Monarch Casino & Resort's last dividend ex-date was on May 31, 2024. The dividend amount was $0.3 per share.
MCRI has paid dividend of $1.2 per share in the last year.
Currently Monarch Casino & Resort's dividend yield is 1.54%.
Monarch Casino & Resort pays dividends quarterly.
The dividend payout ratio of Monarch Casino & Resort is 27.8%.
Monarch Casino & Resort's dividend yield is below the Consumer Cyclical sector average.