SKT Sky Network Television Limited.

[LaserEyeKiwi]

6.5% fully franked dividend is decent as well.

30c divi in 2026 will be a fully franked 10.5%!

They have already reached the point where price increases can no longer off-set the revenue loss of collapsing subscriber numbers, and so today they lowered their forecast revenue growth rates going forward. Wouldn’t surprise me if they have to do that again next year.

[winner69]

When I do that calc I get $2.88

Spooky eh

Yep using the $23.7m

[winner69]

Share price in free fall …market don’t like results / outlook

[Bjauck]

Share price in free fall …market don’t like results / outlook

My impression is that they were underwhelming. Although I am not an accountant. Maybe broker analysts will find a positive spin later.

[winner69]

Share price in 270’s and that’s cum 12 cent divie

[LaserEyeKiwi]

Share price in free fall …market don’t like results / outlook

Their customer numbers are tanking - i dont know how anyone cant see that as anything but horrible.

[bull....]

dividends are nice and growing. mature business is always about cashflow

[LaserEyeKiwi]

dividends are nice and growing. mature business is always about cashflow

but its not a mature business, its a declining business.

[bull....]

but its not a mature business, its a declining business.

isnt there a point when this is not the case. A % of there customer base will be sticky , therefore its about controlling costs and improving cashflow.

[kiwikeith]

dividends are nice and growing. mature business is always about cashflow

On the surface looks an attractive dividend yield. I just wonder if buying shares is buying into a declining business. I am a boomer and me and my siblings all subscribe to Sky. But none of my adult nephews or nieces do. They prefer watching youtube or netflix or at least think Sky is not worth the additional cost. On that basis, I will steer clear of SKT as an investment.