International Game Technology PLC (IGT) Dividends

International Game Technology PLC (IGT): $20.80

0.19 (+0.92%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Dividend Yield and Dividend History Highlights

  • As for its free cash flow/dividend ratio, IGT's comes in at -15.17 -- better than 9.74% of other US-listed dividend issuers.
  • IGT has an EBITDA to net debt ratio of 0.01; for context, that's better than 8.68% stocks in our set.
  • If price volatilty is something you're paying attention to when building your dividend portfolio, know that IGT has less fluctuation in its price than just 19.04% of stocks we're observing.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with IGT that may be suitable potential portfolio mates: PGR, ADT, BBY, ROP and BAH.
IGT Ex-Dividend Date
IGT Dividend Yield
3.88%
IGT Annual Dividend
$0.80
IGT Payout Ratio

IGT Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$20.80$2.73 -89.18%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. Regarding International Game Technology PLC, the dividend discount model StockNews created for the company implies a negative return of 89.18%. Digging deeper, the aspects of International Game Technology PLC's dividend discount model that we found most interesting were:

  • If we compare the valuation opportunity a dividend discount model provides relative to other dividend stocks in the Consumer Cyclical sector, the expected return of -89.18%, based on the stock's current share price and target price based on a dividend discount model, is greater than 5.85% of the DDM-forecasted return of its its sector peers.
  • Compared to all dividend issuing stocks in our set, IGT has a discount rate lower than 5.85% of them (a lower discount rate is associated with lower risk).
  • Beta tells us how volatile a stock's price is relative to the broader equity index; for International Game Technology PLC, its beta is lower than only 1.91% of dividend issuing stocks we observed.

IGT Dividend Chart


IGT Dividend History

Ex-Dividend Date Type Payout Amount Change
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IGT Dividends vs. Peers

IGT's dividend yield currently ranks #1 of 43 vs. its peers in the Entertainment - Casinos/Gambling category.
Rank Symbol Name Dividend Yield
1 IGT International Game Technology PLC 3.88%
2 RRR Red Rock Resorts, Inc. - 2.48%
3 CPHC Canterbury Park Holding Corporation 1.30%
4 BYD Boyd Gaming Corporation 1.11%
5 CHDN Churchill Downs, Incorporated 0.32%
6 MGM MGM Resorts International 0.03%
7 ELYS Elys Game Technology, Corp. 0.00%
8 CNTY Century Casinos, Inc. 0.00%
9 GDEN Golden Entertainment, Inc. 0.00%
10 PNK Pinnacle Entertainment, Inc. 0.00%
11 SGMS Scientific Games Corp 0.00%
12 SCHYY Sands China Ltd. 0.00%
13 MSC Studio City International Holdings Limited American depositary shares, each representing four Class A ordinary shares 0.00%
14 LTRY Lottery.com Inc. 0.00%
15 NYNY Empire Resorts, Inc. 0.00%
16 CACQ Caesars Acquisition Company - 0.00%
17 ERI Eldorado Resorts, Inc. 0.00%
18 WYNN Wynn Resorts Ltd. 0.00%
19 MCRI Monarch Casino & Resort, Inc. 0.00%
20 DKNG DraftKings Inc. Cl A 0.00%
21 GAMB Gambling.com Group Ltd 0.00%
22 GMBL Esports Entertainment Group Inc. 0.00%
23 BALY Bally's Corporation 0.00%
24 INSE Inspired Entertainment, Inc. 0.00%
25 CZR Caesars Entertainment Inc. 0.00%
26 ACEL Accel Entertainment, Inc. 0.00%
27 CDRO Codere Online Luxembourg, S.A. 0.00%
28 WIMHY William Hill plc 0.00%
29 AGS PlayAGS, Inc. 0.00%
30 MLCO Melco Resorts & Entertainment Limited 0.00%
31 TSG The Stars Group Inc. 0.00%
32 NGMS NeoGames 0.00%
33 GNOG Golden Nugget Online Gaming, Inc. 0.00%
34 LVS Las Vegas Sands Corp. 0.00%
35 FLL Full House Resorts, Inc. 0.00%
36 PENN Penn National Gaming, Inc. 0.00%
37 AESE Allied Esports Entertainment Inc. 0.00%
38 GAN GAN Ltd. 0.00%
39 RSI Rush Street Interactive, Inc. 0.00%
40 SGHC Super Group (SGHC) Limited 0.00%
41 MCHVY MGM China Holdings Ltd. 0.00%
42 GCGMF Great Canadian Gaming Corporation 0.00%
43 WYNMY Wynn Macau, Limited 0.00%

Looking for More Information on IGT dividends?

Want to see what other sources are saying about International Game Technology PLC's dividends? Try the links below:

International Game Technology PLC Common Stock (IGT) Dividend History | Nasdaq
Dividend History for International Game Technology PLC (IGT) - Dividend Investor
International Game Technology PLC (IGT) Dividend History - Seeking Alpha

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