Reef Casino Trust Share Price and Company Fundamentals
Last traded: Last Friday at 12:10 AM
Reef Casino Trust operates as an owner and lessor of the Reef Hotel Casino complex located in Cairns in North Queensland, Australia. The company was founded in 1993 and is based in Cairns, Australia. Reef Casino Trust operates as a subsidiary of Reef Casino Investments Pty Ltd.
Key Metrics
PE ratio
14.00
PB ratio
13.07
Dividend yield
7.11%
Beta
0.93
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Resorts & Casinos / Consumer Cyclical |
|---|---|
| Full time employees | 1 |
| Website | https://www.reefcasino.com.au/reef-casino-trust |
| Mailing address | 35-41 Wharf Street Cairns QLD 4870 Australia |
| Phone / Fax | 61 7 3211 3000 / 61 7 4030 8777 |
Dividends
More: Reef Casino Trust Dividend history, yield and payout ratio
Dividend yield
7.11%
Dividend amount
$0.22
Payout ratio
100.56%
5Y Avg. yield
8.05%
Reef Casino Trust paid $0.22 dividend and the ex-dividend date was 28 Dec 2023.The dividend payout ratio is 100.56%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.RCT dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
RCT's forward dividend amount is $0.22 and the forward dividend yield is 7.18%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of May 2024, following are the company executives and directors listed on Reef Casino Trust.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Bradley Sheahon | Chief Executive Officer of RCS & RCT | 312.02k | |
| Ms. Alison Galligan | Company Secretary of Reef Corporate Services Limited | 147.86k |
Profitability and management effectiveness
Profit margin
20.43%
Operating margin
45.37%
Return on assets
6.76%
Return on equity
41.73%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Reef Casino Trust is and its enterprise value is .
The RCT's stocks Beta value is 0.93 making it 7% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Reef Casino Trust (ASX:RCT) Frequently Asked Questions
1. What is Reef Casino Trust's Stock Symbol?
Reef Casino Trust trades on ASX under the ticker symbol "RCT".
2. What is Reef Casino Trust's stock price today?
One share of RCT stock can currently be purchased for approximately $3.02.
3. How can I contact Reef Casino Trust?
Reef Casino Trust's mailing address is 35-41 Wharf Street Cairns QLD 4870 Australia. The company can be reached via phone at 61 7 3211 3000.
4. What is Reef Casino Trust's official website?
The official website of Reef Casino Trust is https://www.reefcasino.com.au/reef-casino-trust.