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MCRI Monarch Casino & Resort dividend history, payout ratio & dates

Monarch Casino & Resort's last quarterly dividend was on Feb 29, 2024 (ex-date) with a distribution of $0.3 per share. At an annualized rate of $1.2 per share, the stock yields 1.79%.

Key dates

  • MCRI last dividend date: Feb 29, 2024
  • MCRI next dividend date: May 31, 2024
MCRI dividend stats
DPS
$1.2
Dividend yield
1.79%
Payout ratio
27.8%
vs. Consumer Cyclical sector
Dividend yield
2.34%
Payout ratio
38.3%

Dividend yield

What is Monarch Casino & Resort current dividend yield

MCRI has a dividend yield of 1.79% 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 24% lower.

Dividend history

What is MCRI dividend payout history and dates

MCRI has issued four quarterly dividends in the last twelve months.

Recent dividends

Ex-date Payment date Declared on Amount Type
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

Monarch Casino & Resort dividend payout ratio

What is Monarch Casino & Resort dividend payout ratio compared to the sector

Payout ratio

MCRI has a payout ratio of 27.8% which is higher than the industry average but lower than the Consumer Cyclical sector average. If we compare it with the Consumer Cyclical sector average of 38.3%, Monarch Casino & Resort's payout ratio is 27% lower.

Total amount of dividends paid per financial year (from cash flow)

MCRI dividend vs peer dividends

How does MCRI dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MCRI Monarch Casino & Resort Inc 1.79% $1.2 27.8%
BYD Boyd Gaming Corp 1.18% $0.65 11.6%
WYNN Wynn Resorts Ltd 1.04% $1 13%
MGM MGM Resorts International N/A N/A N/A

Frequently asked questions

Does Monarch Casino & Resort pay a dividend?

Monarch Casino & Resort has paid four dividends in the last 12 months.

When is Monarch Casino & Resort's next dividend?

MCRI's next dividend date is May 31, 2024 (ex-date).

When was MCRI's last dividend?

Monarch Casino & Resort's last dividend ex-date was on Feb 29, 2024. The dividend amount was $0.3 per share.

How much dividend does Monarch Casino & Resort pay (per share)?

MCRI has paid dividend of $1.2 per share in the last year.

What is Monarch Casino & Resort's dividend yield?

Currently Monarch Casino & Resort's dividend yield is 1.79%.

How often does Monarch Casino & Resort pay dividends?

Monarch Casino & Resort pays dividends quarterly.

What is Monarch Casino & Resort's dividend payout ratio?

The dividend payout ratio of Monarch Casino & Resort is 27.8%.

Does Monarch Casino & Resort pay a good dividend?

Monarch Casino & Resort's dividend yield is below the Consumer Cyclical sector average.