DoubleDown Interactive (DDI) Dividends
Market Cap: $9.71B
Avg Volume: 30.37K
Industry: Electronic Gaming & Multimedia
Sector: Technology
Dividend Overview
DoubleDown Interactive (DDI) pays a quarterly dividend to its shareholders. The current dividend yield is 0.45%, which means that for every $100 invested at the current price, investors would receive approximately $0.45 in dividends per year (this can change based on future dividend payments and price movements).
About DDI's Dividend
DoubleDown Interactive pays a quarterly dividend of $0.11 per share, which totals $0.44 annually. This means that for each share you own, you'll receive $0.44 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was December 21, 2009. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
DoubleDown Interactive 's payout ratio is 0.00% which means that 0.00% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
DDI Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.03 | 0.45% | December 21, 2009 | December 28, 2009 | ||
| $0.05 | 0.28% | September 21, 2009 | September 25, 2009 | September 21, 2009 | |
| $0.36 | 2.03% | June 22, 2009 | June 26, 2009 |
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for DDI
- Dividend Payout Ratio: 0.00% Low risk
- Dividend & Capex Coverage Ratio: 126.02x Strong coverage
- Dividend Frequency: Quarterly
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. DoubleDown Interactive 's payout ratio is 0.00% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 126.02x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates DoubleDown Interactive can comfortably cover its dividends and necessary investments from its operating cash flow.
DoubleDown Interactive 's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.