Southern Cross Media Group Ltd (ASX: SXL) Share Price and News

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Southern Cross Media Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $215.91 million
P/E Ratio 9.09
Dividend Yield 10.05%
Shares Outstanding 239.90 million
Earnings per share -0.589
Dividend per share 0.09
Year To Date Return -8.36%
Earnings Yield 11.00%
Franking 100%
Share Price

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52 Week Range

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as at 24 Feb 3:44pm

  • Southern Cross Media Group Ltd (ASX: SXL)
    Latest News

    a man in a shirt and tie holds his chin in thoughtful contemplation and looks skywards as if thinking about something while a graphic of a road with many ups and downs unfurls behind him.
    Share Market News

    5 ASX shares that defined the week

    A fresh takeover proposal, operational delays and cost blow outs, and new 52-week highs saw these five ASX shares define…

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    A cool older dude with a big white beard and wearing a red scarf holds a boombox stereo on his shoulder and makes rock'n'roll devil fingers with his other hand.
    Mergers & Acquisitions

    Why did this ASX All Ords share just surge 30%?

    Takeover alarm bells are ringing over at this media company.

    Read more »

    A piggy bank balances on a ribbon, indicating a wobbly share price
    Earnings Results

    Southern Cross Media share price wobbles despite 85% FY22 dividend boost

    The company has decided to hold onto its television assets.

    Read more »

    A man in suit and tie is smug about his suitcase bursting with cash.
    Communication Shares

    Buyback bonanza! Why the Southern Cross Media (ASX:SXL) share price is up 8% today

    Southern Cross shares are rising today after some big news from the company.

    Read more »

    Earnings Results

    Southern Cross Media (ASX:SXL) share price drops 11% on profit fall

    Shares in the Aussie media giant are sinking today. Here's what the company announced.

    Read more »

    Media newspapers and tablet reporting the news online
    Broker Notes

    4 reasons to buy these ASX media shares this month: UBS

    A leading broker is bullish about media shares.

    Read more »

    A funky guy in 80s get-up has a radio boombox on his shoulder.
    Communication Shares

    Southern Cross (ASX:SXL) share price booms 6% as profits nearly double

    The company has had quite the turnaround from the previous financial year.

    Read more »

    A businessman points to and arrow going up on a graph, indicating a share price rise for an ASX company
    Share Market News

    Why the Southern Cross Media (ASX: SXL) share price is up 5% today

    Southern Cross Media will be adding some of your favourite TV shows to its broadcasting regions.

    Read more »

    A man with a yellow background makes an annoncement, indicating share price changes on the ASX
    Share Market News

    Prime Media (ASX:PRT) share price unmoved as ACM tightens grip

    The Prime Media Group Limited (ASX: PRT) share price did not trade today despite the media regulator approving a large…

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    business man holding sign stating time to sell
    Share Market News

    Top brokers name 3 ASX shares to sell next week

    Top brokers have named Afterpay Ltd (ASX:APT) and these ASX shares as sells for next week. Here's why they are…

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    a woman with a small satisfied smile on her face looks at reflected, illuminated data on screens in front of her.
    Share Market News

    ASX 200 climbs, Westpac in the clear, Nine reveals a WIN-ning deal

    The S&P/ASX 200 Index (ASX:XJO) went up by 0.8% today. Nine Entertainment Co Holdings Ltd (ASX:NEC) revealed a new contract.

    Read more »

    asx share price falling represented by graph of paper plane trending down
    Share Fallers

    Why Flight Centre, Northern Star, Southern Cross Media, & Treasury Wine are sinking

    Flight Centre Travel Group Ltd (ASX:FLT) and Southern Cross Media Group Ltd (ASX:SXL) shares are two of four sinking on…

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    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    03 Mar 2023 $0.0460 100.00% Interim 11 Apr 2023
    01 Sep 2022 $0.0475 100.00% Final 04 Oct 2022
    09 Mar 2022 $0.0450 100.00% Interim 07 Apr 2022
    01 Sep 2021 $0.0500 100.00% Final 01 Oct 2021
    06 Sep 2019 $0.0400 100.00% Final 08 Oct 2019
    01 Mar 2019 $0.0375 100.00% Interim 11 Apr 2019
    07 Sep 2018 $0.0400 100.00% Final 09 Oct 2018
    02 Mar 2018 $0.0375 100.00% Interim 12 Apr 2018
    08 Sep 2017 $0.0000 100.00% Final 10 Oct 2017
    02 Mar 2017 $0.0375 100.00% Interim 11 Apr 2017
    01 Sep 2016 $0.0350 100.00% Final 11 Oct 2016
    05 Apr 2016 $0.0325 100.00% Interim 06 May 2016
    25 Sep 2014 $0.0300 100.00% Final 03 Nov 2014
    01 Apr 2014 $0.0450 100.00% Interim 24 Apr 2014
    23 Sep 2013 $0.0450 100.00% Final 21 Oct 2013
    02 Apr 2013 $0.0450 100.00% Interim 26 Apr 2013
    21 Sep 2012 $0.0500 100.00% Final 19 Oct 2012
    23 Mar 2012 $0.0500 100.00% Interim 19 Apr 2012
    23 Sep 2011 $0.0300 100.00% Final 20 Oct 2011
    07 Mar 2011 $0.0700 100.00% Interim 25 May 2011
    13 Sep 2010 $0.0620 100.00% Final 08 Oct 2010

    SXL ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Southern Cross Media Group Ltd

    Southern Cross Media broadcasts television and radio content across Australia and generates revenue mainly from sales of airtime to advertisers. In metropolitan areas, it runs two radio networks (Hit and Triple M). In regional areas, the company runs a portfolio of radio stations and television stations.

    SXL Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    10 Aug 2023 $0.90 $-0.03 -3.23% 468,518 $0.92 $0.92 $0.90
    09 Aug 2023 $0.93 $-0.01 -1.06% 281,041 $0.94 $0.95 $0.92
    08 Aug 2023 $0.94 $0.00 0.00% 146,055 $0.95 $0.95 $0.94
    07 Aug 2023 $0.94 $0.01 1.08% 114,156 $0.93 $0.94 $0.93
    04 Aug 2023 $0.93 $-0.01 -1.07% 136,630 $0.95 $0.95 $0.93
    03 Aug 2023 $0.94 $-0.02 -2.08% 220,085 $0.94 $0.94 $0.93
    02 Aug 2023 $0.96 $0.01 1.05% 76,967 $0.94 $0.96 $0.93
    01 Aug 2023 $0.95 $0.01 1.06% 285,439 $0.94 $0.96 $0.94
    31 Jul 2023 $0.94 $0.01 1.08% 154,134 $0.93 $0.95 $0.93
    28 Jul 2023 $0.93 $-0.01 -1.06% 199,417 $0.95 $0.95 $0.92
    27 Jul 2023 $0.94 $0.02 2.17% 543,489 $0.92 $0.95 $0.92
    26 Jul 2023 $0.92 $-0.02 -2.12% 316,501 $0.94 $0.94 $0.92
    25 Jul 2023 $0.95 $-0.04 -4.08% 598,399 $0.98 $0.98 $0.93
    24 Jul 2023 $0.98 $0.02 2.07% 166,812 $0.98 $0.98 $0.96
    21 Jul 2023 $0.97 $-0.01 -1.03% 229,514 $0.98 $0.98 $0.97
    20 Jul 2023 $0.98 $0.00 0.00% 289,949 $0.98 $0.99 $0.97
    19 Jul 2023 $0.98 $-0.01 -1.02% 206,674 $0.98 $1.00 $0.97
    18 Jul 2023 $0.98 $0.02 2.08% 225,077 $0.98 $0.98 $0.96
    17 Jul 2023 $0.96 $-0.01 -1.04% 295,035 $0.97 $0.98 $0.96
    14 Jul 2023 $0.97 $0.03 3.19% 318,963 $0.94 $0.98 $0.93
    13 Jul 2023 $0.94 $0.01 1.08% 311,142 $0.94 $0.96 $0.94
    12 Jul 2023 $0.93 $-0.01 -1.07% 297,284 $0.96 $0.96 $0.93
    11 Jul 2023 $0.94 $0.03 3.30% 389,834 $0.93 $0.95 $0.92

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    24 Oct 2022 Heith Mackay-Cruise Buy 25 $23,164
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Robert (Rob) Andrew Murray Non-Executive DirectorNon-Executive Chairman Sep 2014
    Mr Murray has strategic and commercial insight along with understanding of consumer behaviour and global experience in mergers and acquisitions and other corporate transactions. He is a director of the Bestest Foundation, and Advisory Chair of the Hawkes Brewing Company. He was previously a director of Metcash, Dick Smith Holdings, Super Retail Group and Linfox Logistics.
    Mr Glen Francis Boreham Non-Executive Director Sep 2014
    Mr Boreham is a director of Cochlear and Link Group and was formerly Chair of the Advisory Board at IXUP where he remains a Strategic Adviser. He was previously Chair of the Industry Advisory Board at the University of Technology Sydney, Chair of Advance, representing the one million Australians living overseas, as well as Deputy Chair of the Australian Information Industry Association and a Director of the Australian Chamber Orchestra. In 2010, he became a founding member of Australia's Male Champions of Change group. Glen is a Member of the Order of Australia for services to business and the arts.
    Ms Helen Elizabeth Craig Nash Non-Executive Director Apr 2015
    Ms Nash has more than 20 years' executive experience in consumer packaged goods, media and quick service restaurants. As Chief Operating Offi cer at McDonald's Australia, she oversaw restaurant operations, marketing, menu, insights and research, and information technology. This mix of strategic and operational experience allows Helen to bring broad commercial skills and acumen, as well as a consumer focus, to the Board.
    Mr Ido Leffler Non-Executive Director Oct 2020
    Mr Leffler has experience in developing digital brands and extensive networks in the start-up communities of Silicon Valley and Australasia. Ido is the co-founder and Chief Executive Offi cer at Yoobi, a school supplies company that engages kids through bright colours, cool designs and, most importantly, cause. He is also a co-founder of Yes To Inc. Ido is a non-executive director of Vestergaard and The Lux Group. He was a non-executive director of Spark New Zealand Limited for six years until November 2020.
    Ms Carole Louise Campbell Non-Executive Director Sep 2020
    Ms Campbell has over 30 years' fi nancial executive experience in a diverse range of industries including professional services, fi nancial services, media, mining and industrial services. Carole started her career with KPMG and has held executive roles with Macquarie Group, Westpac Institutional Bank, Seven West Media, Bis Industries and Merivale. Carole transitioned to a non-executive career in 2018 and is a non-executive director of GUD Holdings Limited where she chairs the audit committee at both companies. She was previously a non-executive director of IVE Group Ltd and Humm Group. Carole is also Deputy Chair of Council of the Australian Film Television and Radio School.
    Mr Heith Wray Mackay-Cruise Non-Executive Director Oct 2020
    Mr Mackay-Cruise's executive career included senior roles in Marketing for Pepsi-Cola in Australia and Australian Consolidated Press and as CEO and Managing Director of PBL Media in New Zealand, Study Group and Sterling Early Education. Since 2014, Heith has focused on non-executive roles including four years on the board of the ASX-listed Bailador Technology Investments Limited, and privately owned groups including Literacy Planet, hipages Group, LifeHealthcare, and his ongoing roles as Chair of Straker Translations Ltd and UP Education Limited and on the boards of Orro Group Holdings Pty Ltd and the Australian Institute of Company Directors.
    Mr John Kelly Non-Executive Director Jul 2023
    --
    Mr Tony Hudson General CounselCompany Secretary Sep 2015
    -
    Dave Cameron Chief Content Officer
    -
    Nick McKechnie Chief Financial Officer
    -
    Nikki Clarkson Chief Marketing Officer
    -
    John Kelly Chief Operating Officer
    -
    Rebecca Ackland Chief People and Culture Officer
    -
    Brian Gallagher Chief Sales Officer
    -
    Stephen Haddad Chief Technology Officer
    -
    Tony Hudson General CounselCompany Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Citicorp Nominees Pty Limited 63,432,931 24.32%
    Hsbc Custody Nominees (Australia) Limited 61,190,475 23.46%
    J P Morgan Nominees Australia Limited 46,260,950 17.73%
    National Nominees Limited 14,894,813 5.71%
    BNP Paribas Noms Pty Ltd (DRP) 4,692,089 1.80%
    Citicorp Nominees Pty Limited (Colonial First State Inv A/C) 2,899,387 1.11%
    HSBC Custody Nominees (Australia) Limited (NT Cwlth Super Corp A/c) 2,702,012 1.04%
    John William Harbot 1,600,000 0.61%
    BNP Paribas Nominees Pty Ltd Hub24 Custodial Serv Ltd (DRP A/c) 1,315,103 0.50%
    Bradley Barry Krause 1,188,408 0.46%
    BNP Paribas Noms (NZ) Ltd (DRP) 1,143,202 0.44%
    Wearne Webber Capital Pty Limited 1,000,000 0.38%
    Birbal Investments Pty Ltd 750,000 0.29%
    Talmal Pty Ltd (Talmal A/c) 550,000 0.21%
    Netyard Pty Ltd 540,000 0.21%
    Sling Super Pty Ltd (Sling Super Fund A/c) 465,000 0.18%
    Sandhurst Trustees Ltd (SISF A/C) 409,000 0.16%
    Netwealth Investments Limited (Wrap Services A/c) 367,919 0.14%
    Rahmon Coupe and Julia Coupe (Coupe Family A/c) 351,125 0.13%
    Offi cial Intelligence Pty Ltd 328,354 0.13%

    Profile

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