Asx: flt
February 23, James Mickleboro. February 19, James Mickleboro.
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Asx: flt
Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. The appearance of COVID in early was a setback for the world for many reasons, including its impact on travel demand. But if things continue going well, Flight Centre could soon become a good ASX dividend share to invest in again. One of the five largest travel agencies in the world, Flight Centre operates more than 2, leisure, corporate and wholesale businesses in 11 countries. At the current Flight Centre share price, that would translate into a cash dividend yield of 7. However, there may be light at the end of the dividend-starved tunnel for Flight Centre investors. At the end of FY23, it revealed a dividend of 18 cents per share. The dividends could be about to be much bigger. The estimate on Commsec suggests the business could pay an annual dividend per share of 48 cents in FY24, which is the current financial year. That would be a grossed-up dividend yield of 3. In FY25, the annual dividend per share could grow again to This would equate to a grossed-up dividend yield of 4. While that's not the biggest yield in the world, the ASX dividend share would challenge what we can get from savings accounts at the moment.
Flight Centre resumed paying dividends in September after a four-year freeze. Enter Keyword for Search.
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Flight Centre Travel Group Limited. About the company. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets. It also provides tour operations, hotel management, and destination management services. Trading at Earnings are forecast to grow Became profitable this year. See more updates Recent updates. Nov
Asx: flt
Market data is provided and copyrighted by Thomson Reuters and Morningstar. Click for restrictions. All rights reserved.
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Is FLT overvalued? Flight Centre resumed paying dividends in September after a four-year freeze. Please refer to our Financial Services Guide for more information. If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in. Financial Health. Show more US link US. Investment options. Looking for moreā¦. Astrobiologists believe simple organisms pervade the universe but advanced civilisations are extremely rare. Forgotten password Please enter your email address below to request a new password Email is required. However, the travel company has not paid dividends in or due to the ongoing impacts of COVID Card Details Edit.
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Apply to become a participant. Market resources. February 16, Bronwyn Allen. Please wait. Mar Price AUD Confirm password. Already a member? This is intended for information purposes only and is not intended as an offer or recommendation to buy, sell or otherwise deal in securities. At its AGM, the company said it expected leisure and corporate sales growth in FY24 as both sectors progressed towards a full recovery, with that complete recovery expected late this year. Learn More.
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