Meridian Holdings (MRDN) Dividend Coverage Ratio (2023 - 2024)
Meridian Holdings' (MRDN) quarterly Dividend Coverage Ratio came in at 5.13 in Q1 2024, down 41.6% quarter-over-quarter from 8.79 in Q2 2023.
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Meridian Holdings (MRDN) Dividend Coverage Ratio (2023 - 2024) Analysis & Trends
Meridian Holdings (MRDN) has reported Dividend Coverage Ratio for 2 consecutive years, with 5.13 the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Dividend Coverage Ratio changed N/A year-over-year to 5.13; the trailing twelve-month figure through Dec 2024 stood at 2.0 (changed N/A YoY), and the FY2025 full-year result was 620.92, down 32179.57% from the prior year.
- Dividend Coverage Ratio declined to 5.13 in Q1 2024 per MRDN's latest filing, from 8.79 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 8.79 in Q2 2023 and bottomed at 5.13 in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DraftKings | 21.34 Bn | 20.35 Bn | 551.45 Mn | - |
| 2 | Flutter Entertainment | 17.38 Bn | 16.20 Bn | 1.71 Bn | -34.25 |
| 3 | Super Group (SGHC) | 7.08 Bn | 6.53 Bn | - | - |
| 4 | Rush Street Interactive | 6.18 Bn | 6.00 Bn | 139.66 Mn | - |
| 5 | Codere Online Luxembourg | 412.23 Mn | 342.98 Mn | - | - |
| 6 | Meridian Holdings | 171.67 Mn | 155.85 Mn | 26.85 Mn | - |
| 7 | High Roller Technologies | 54.90 Mn | 52.24 Mn | - | - |
| 8 | VIP Play | 24.98 Mn | 24.89 Mn | -313,000.00 | - |
| 9 | Apple iSports | 16.64 Mn | 16.64 Mn | - | - |