SKY Network Television Limited (SKT.NZ) Stock Price & Analysis
NZX Share Price, Dividends & Financials
Price
$3.1
Dividend Yield
9.25%
Annual yield
Market Cap
427M
Total value
P/E Ratio
6.22
Price to earnings
Dividend Information
Annual Rate
0.35
Per share annually
Last Dividend
0.15
11/03/2026
Ex-Dividend
12/03/2026
Next ex-date
Payout Ratio
70.59
Of earnings
Years Paying
5
Consecutive
5Y Avg Yield
9.45
Historical avg
Stock Analysis Summary
01-04-2026
SKY Network Television Limited (SKT.NZ), listed on the NZX, is a notable player in the broadcasting sector. As of the latest data, SKY offers a dividend yield of approximately 5.2%, which has ranged between 3.8% and 6.5% over the past five years. Dividends are typically paid semi-annually, showcasing a relatively stable payout history. The company's payout ratio stands at around 65%, indicating a sustainable dividend policy, assuming consistent earnings. Recently, SKY Network Television has maintained its dividend, aligning with income investor expectations for a reliable yield. Compared to sector averages, SKY's yield is competitive, making it appealing for retirees seeking steady dividend income. However, the broadcasting industry faces challenges, including changing consumer preferences and increased competition, which could impact future earnings and dividend sustainability. Given these factors, could SKY Network Television Limited face pressure to cut its dividend in the near future? Investors should monitor industry trends and company performance closely.
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SKY Network Television Limited Dividend History
SKT dividend payment dates, amounts, and ex-dividend history
| Ex Dividend Date | Payable Date | Dividend Amount | Amount Change | Adjusted Price | Close Price |
|---|---|---|---|---|---|
| 12/03/2026 | 27/03/2026 | 0.1765 | 11.11% | 3.36 | 3.36 |
| 04/09/2025 | 19/09/2025 | 0.1588 | 86.85% | 3.11 | 3.11 |
| 06/03/2025 | 21/03/2025 | 0.1 | -16.67% | 2.52 | 2.52 |
| 05/09/2024 | 20/09/2024 | 0.12 | 71.43% | 2.68 | 2.68 |
| 07/03/2024 | 22/03/2024 | 0.07 | -22.22% | 2.61 | 2.73 |
| 07/09/2023 | 22/09/2023 | 0.09 | 50% | 2.2 | 2.36 |
| 09/03/2023 | 24/03/2023 | 0.06 | -87.50% | 2.29 | 2.55 |
| 18/11/2022 | 29/11/2022 | 0.48 | 557.53% | 2.01 | 2.29 |
| 08/09/2022 | 23/09/2022 | 0.073 | -2.67% | 2.04 | 2.82 |
| 07/03/2019 | 15/03/2019 | 0.075 | N/A | 5.8 | 8.26 |
| 06/09/2018 | 14/09/2018 | 0.075 | N/A | 9.13 | 13.73 |
| 14/03/2018 | 23/03/2018 | 0.075 | -40% | 8.61 | 13.41 |
| 04/09/2017 | 14/09/2017 | 0.125 | -16.67% | 10.3 | 16.59 |
| 14/02/2017 | 22/02/2017 | 0.15 | -84.27% | 16.73 | 28.23 |
| 08/09/2016 | N/A | 0.9536 | 535.75% | 17.92 | 31.28 |
| 07/09/2016 | N/A | 0.15 | -84.27% | 17.92 | 31.28 |
| 10/03/2016 | N/A | 0.9536 | 535.75% | 16.08 | 28.93 |
| 09/03/2016 | N/A | 0.15 | -84.27% | 17.6 | 31.66 |
| 02/09/2015 | N/A | 0.9536 | 535.75% | 16.37 | 30.45 |
| 01/09/2015 | N/A | 0.15 | -84.27% | 15.89 | 29.56 |
| 06/03/2015 | N/A | 0.9536 | 535.75% | 18.9 | 36.24 |
| 05/03/2015 | N/A | 0.15 | -84.27% | 19.6 | 37.57 |
| 03/09/2014 | N/A | 0.9536 | 535.75% | 20.95 | 41.26 |
| 02/09/2014 | N/A | 0.15 | -83.15% | 20.34 | 40.05 |
| 07/03/2014 | N/A | 0.89 | 535.75% | 19.97 | 40.24 |
| 06/03/2014 | N/A | 0.14 | -81.65% | 19.72 | 39.73 |
| 04/09/2013 | N/A | 0.7629 | 3498.57% | 17.59 | 36.24 |
| 03/09/2013 | N/A | 0.0212 | -84.25% | 17.96 | 37 |
| 06/03/2013 | N/A | 0.1346 | 535.03% | 15.33 | 32.23 |
| 05/03/2013 | N/A | 0.0212 | -98.96% | 16.3 | 33.7 |
| 11/12/2012 | N/A | 2.0344 | 535.95% | 14.63 | 30.9 |
| 10/12/2012 | N/A | 0.3199 | 159.22% | 15.01 | 31.15 |
| 05/09/2012 | N/A | 0.1234 | -82.35% | 14.09 | 31.72 |
| 03/09/2012 | N/A | 0.6993 | 535.75% | 14.12 | 31.91 |
| 02/09/2012 | N/A | 0.11 | -84.27% | 14.65 | 32.42 |
| 29/02/2012 | N/A | 0.6993 | 3504.75% | 13.76 | 31.79 |
| 28/02/2012 | N/A | 0.0194 | -97.09% | 13.99 | 31.79 |
| 07/09/2011 | N/A | 0.6675 | 167.12% | 14.81 | 34.97 |
| 06/09/2011 | N/A | 0.2499 | 178.42% | 14.87 | 34.52 |
| 02/03/2011 | N/A | 0.0898 | 536.56% | 14.33 | 34.46 |
| 01/03/2011 | N/A | 0.0141 | -97.78% | 15.11 | 35.73 |
| 01/09/2010 | N/A | 0.6357 | 5068.67% | 13.37 | 32.23 |
| 31/08/2010 | N/A | 0.0123 | -97.24% | 13.43 | 31.91 |
| 08/03/2010 | N/A | 0.445 | 535.75% | 13.03 | 32.04 |
| 07/03/2010 | N/A | 0.07 | -84.27% | 14.29 | 33.95 |
| 07/09/2009 | N/A | 0.445 | 535.75% | 11.34 | 28.29 |
| 06/09/2009 | N/A | 0.07 | -84.27% | 12.51 | 30.13 |
| 09/03/2009 | N/A | 0.445 | 535.75% | 9.63 | 24.41 |
| 08/03/2009 | N/A | 0.07 | -10.86% | 10.57 | 25.88 |
| 23/09/2008 | N/A | 0.0785 | 538.43% | 11.08 | 28.61 |
| 22/09/2008 | N/A | 0.0123 | -97.24% | 10.63 | 26.51 |
| 08/09/2008 | N/A | 0.445 | 535.75% | 11.64 | 30.13 |
| 07/09/2008 | N/A | 0.07 | -72.47% | 10.63 | 26.51 |
| 04/09/2006 | N/A | 0.2543 | 535.75% | 13.41 | 35.22 |
| 03/09/2006 | N/A | 0.04 | -84.27% | 13.53 | 34.33 |
| 13/03/2006 | N/A | 0.2543 | 535.75% | 14.66 | 38.78 |
| 12/03/2006 | N/A | 0.04 | -94.97% | 15.9 | 40.62 |
| 07/03/2005 | N/A | 0.7947 | 535.75% | 15.14 | 40.31 |
| 06/03/2005 | N/A | 0.125 | N/A | 15.57 | 40.05 |
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Investment Analysis: SKY Network Television Limited
Dividend Payment Analysis
SKY Network Television Limited (SKT.NZ) operates in the Communication Services sector and offers investors a high dividend yield of 9.25% based on current market prices. For New Zealand income investors, this translates to approximately $0.3500per share annually. This above-average yield warrants careful analysis of dividend sustainability. Past dividend payments do not guarantee future payments.
Dividend Sustainability Analysis
A critical factor for dividend investors is the sustainability of payments. SKY Network Television Limitedcurrently maintains a payout ratio of 70.6%, which is considered stretched coverage. Investors should carefully monitor earnings trends, as higher payout ratios leave less room for dividend growth or cuts during challenging periods.
Dividend Yield Context
A 9.25% yield is considered high by NZ market standards and may indicate either genuine value or potential risks that have depressed the share price. Always compare yields within the same sector for meaningful context.
Valuation Perspective for Dividend Investors
Beyond dividend metrics, valuation matters. SKY Network Television Limited trades at a P/E ratio of 6.2x, which is attractive by historical standards. Dividend investors often seek a combination of reasonable valuation and sustainable yield rather than chasing the highest yield alone.
Key Considerations Before Investing
Imputation Credits
As a New Zealand company, SKY Network Television Limited may attach imputation credits to dividends, effectively providing NZ tax-resident shareholders with a tax credit for company tax already paid. Check the latest dividend notices for specific imputation credit percentages.
Total Return Perspective
While dividend yield is important, total return (dividends plus capital appreciation) matters more over the long term. Historical share price performance should be evaluated alongside dividend payments to assess the complete investment picture.
Sector-Specific Risks
Communication Services sector companies face unique industry dynamics. Research sector trends, regulatory changes, and competitive positioning before making investment decisions. Some investors study multiple sectors when researching dividend portfolios.
Important Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Past dividend payments do not guarantee future payments. Share prices and dividends can fall as well as rise. Always conduct your own research or consult a licensed financial adviser before making investment decisions. Data accuracy cannot be guaranteed and should be verified with official company sources.
Frequently Asked Questions
What is SKY Network Television Limited's current dividend yield?
SKY Network Television Limited (SKT.NZ) currently has a dividend yield of 9.25% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.350) by the current share price ($3.10).
When does SKY Network Television Limited pay dividends?
Based on historical data, SKY Network Television Limited typically pays dividends semi-annually. The most recent ex-dividend date was 12/03/2026with a payment of $0.1765 per share. The payment date was 27/03/2026. Dividend payment schedules are subject to board approval and may change.
Does SKY Network Television Limited offer imputation credits?
SKY Network Television Limited is a New Zealand company listed on the NZX. NZ companies can attach imputation credits to dividends, which represent company tax already paid. These credits may affect your tax position — consult a tax professional. Check the latest dividend notice on the NZX or the company's investor relations page for specific imputation credit amounts attached to each dividend payment.
How long has SKY Network Television Limited been paying dividends?
Our database shows SKY Network Television Limited has 30 consecutive years of dividend payments. This historical track record is informational only and does not guarantee future dividend payments or amounts.
Where can I find SKY Network Television Limited's official dividend announcements?
Official dividend announcements for SKY Network Television Limited are published on the NZX market announcements platform and typically on the company's investor relations website. These official sources provide the most accurate and up-to-date information about dividend amounts, dates, and imputation credits.
Key Dividend Considerations for SKY Network Television Limited
Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for SKY Network Television Limited as of 22/05/2026:
Dividend Consistency
SKY Network Television Limited has made 30 consecutive years of dividend payments based on our records, with a total of 59 payments tracked.
Dividend Growth Pattern
Over the tracked period, SKY Network Television Limited's dividends have remained relatively stable:
Based on comparison of consecutive dividend payments. Historical data does not predict future performance.
Yield Context
| Metric | Value |
|---|---|
| Current Yield | 9.25% |
| 5-Year Average Yield | 9.25% |
| Communication Services Sector Average | 6.00% |
Yields are calculated based on current market prices and historical dividend payments. Future yields may differ.
Financial Sustainability Indicators
- Payout Ratio:70.6%
- Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
- Dividend Coverage:1.42x
- Higher coverage ratios may suggest more room to maintain dividends, though this is not guaranteed
Educational Note: These metrics provide historical context for dividend investors. They represent past performance and current market data. Dividend sustainability depends on many factors including company earnings, cash flow, debt levels, and business conditions. This information does not constitute a prediction of future dividend payments or investment advice.
Related Communication Services Stocks
Compare dividend yields across Communication Services sector companies
Investors interested in Communication Services dividend stocks often compare yields, payout ratios, and dividend growth across multiple companies. Below are 4 related NZX-listed stocks from the same sector, ranked by dividend yield. Past dividend history does not guarantee future payments. Compare yields, payout ratios, and fundamentals across companies.