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 $292.06 million
P/E Ratio 14.62
Dividend Yield 6.61%
Shares Outstanding 478.78 million
Earnings per share 0.041
Dividend per share 0.04
Year To Date Return -22.78%
Earnings Yield 6.84%
Franking 100%
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as at 24 Feb 3:44pm

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

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    Share Market News

    Why the Southern Cross share price is tanking today

    Southern Cross Media Group Ltd (ASX:SXL) warned of falling advertising revenue today.

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    Share Market News

    Are these signs that Australia is entering a recession?

    Is Australia starting to enter a recession?

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    Share Fallers

    Why AusCann, Fortescue, Nick Scali, & Southern Cross Media dropped lower

    The Nick Scali Limited (ASX:NCK) share price and the Southern Cross Media Group Ltd (ASX:SXL) share price are two of…

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    ASX 200 lunch time report: Afterpay, ANZ, & Telstra higher

    Afterpay Touch Group Ltd (ASX:APT), Australia and New Zealand Banking Group (ASX:ANZ), and Telstra Corporation Ltd (ASX:TLS) shares have been…

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    Share Fallers

    Why the Southern Cross Media share price crashed 23% lower today

    The Southern Cross Media Group Ltd (ASX:SXL) share price has crashed lower due to tough trading conditions...

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    Share Gainers

    ALL ORDINARIES finishes higher Thursday: 8 ASX shares you missed

    The S&P/ASX 200 (Index:^AXJO)(ASX:XJO) and ALL ORDINARIES (Index:^AXAO) (ASX:XAO) finished higher on Thursday, here are 8 ASX shares you missed.

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    Why this ASX stock can sustain its ~10% dividend yield

    One should typically be wary of stocks boasting a 10% dividend yield but there could be one ASX stock that…

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    Technology Shares

    Southern Cross Media share price drops 5% on outsourcing news

    The Southern Cross Media Group Ltd (ASX: SXL) share price closed 5% lower yesterday after outsourcing its television and radio…

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    The Seven West Media Ltd (ASX: SWM) share price closed 6.19% higher yesterday as the company completed the sale of…

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    Morningstar has named the most undervalued shares on the ASX.

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    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    03 Sep 2025 $0.0400 100.00% Final 07 Oct 2025
    14 Mar 2024 $0.0100 100.00% Interim 12 Apr 2024
    01 Sep 2023 $0.0220 100.00% Final 04 Oct 2023
    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 radio content across Australia and generates revenue and earnings 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. It is also operating digital audio, which has a rapidly growing audience and turned profitable from fiscal 2025. Southern Cross merged with Seven West Media in January 2026 and now owns Seven's TV and newspaper businesses.

    SXL Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    27 Feb 2026 $0.61 $0.00 0.00% 276,676 $0.61 $0.62 $0.61
    26 Feb 2026 $0.61 $0.01 1.65% 117,845 $0.61 $0.62 $0.61
    25 Feb 2026 $0.61 $0.00 0.00% 401,047 $0.61 $0.64 $0.61
    24 Feb 2026 $0.61 $-0.06 -9.02% 598,404 $0.67 $0.67 $0.61
    23 Feb 2026 $0.67 $0.01 1.52% 323,632 $0.66 $0.67 $0.65
    20 Feb 2026 $0.66 $-0.02 -2.96% 63,183 $0.68 $0.68 $0.66
    19 Feb 2026 $0.68 $0.01 1.50% 152,973 $0.66 $0.68 $0.66
    18 Feb 2026 $0.67 $0.01 1.52% 254,824 $0.66 $0.68 $0.65
    17 Feb 2026 $0.66 $0.02 3.13% 250,670 $0.64 $0.66 $0.64
    16 Feb 2026 $0.64 $0.03 4.92% 207,146 $0.62 $0.66 $0.62
    13 Feb 2026 $0.61 $-0.04 -6.15% 509,151 $0.64 $0.65 $0.61
    12 Feb 2026 $0.65 $-0.03 -4.41% 372,931 $0.67 $0.67 $0.64
    11 Feb 2026 $0.68 $0.03 4.58% 531,949 $0.67 $0.70 $0.66
    10 Feb 2026 $0.66 $0.01 1.55% 156,696 $0.64 $0.66 $0.64
    09 Feb 2026 $0.65 $0.02 3.20% 237,674 $0.63 $0.65 $0.63
    06 Feb 2026 $0.63 $-0.02 -3.13% 199,013 $0.63 $0.65 $0.63
    05 Feb 2026 $0.64 $0.01 1.59% 517,827 $0.64 $0.65 $0.63
    04 Feb 2026 $0.63 $0.02 3.25% 496,133 $0.62 $0.63 $0.60
    03 Feb 2026 $0.62 $-0.03 -4.69% 962,127 $0.64 $0.64 $0.61
    02 Feb 2026 $0.64 $0.00 0.00% 239,214 $0.64 $0.64 $0.62
    30 Jan 2026 $0.64 $0.01 1.59% 342,633 $0.63 $0.66 $0.63

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    23 Apr 2025 Marina Go Buy 50,000 $33,000
    On-market trade.
    24 Mar 2025 John Kelly Buy 76,923 $53,120
    On-market trade.
    21 Mar 2025 Heith Mackay-Cruise Buy 74,100 $50,251
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Kerry Matthew Stokes Interim ChairmanNon-Executive Director Jan 2026
    --
    Mr Ryan Kerry Stokes Non-Executive Director Jan 2026
    --
    Ms Teresa Mary Dyson Non-Executive Director Jan 2026
    --
    Mr Michael Martin Malone Non-Executive Director Jan 2026
    --
    Mr Ido Leffler Non-Executive Director Oct 2020
    Mr Leffler has experience in developing digital brands and networks in the start-up communities of Silicon Valley and Australasia. Ido is the co-founder and Chief Executive Officer at Yoobi, a US-based school supplies company. He is also a co-founder of Yes To Inc. - a global natural beauty brand; and of Beach House Group - a consumer product house. Ido is a non-executive director of Vestergaard - producers of malaria prevention bed nets - and The Lux Group (Luxury Escapes). He was a non-executive director of Spark New Zealand Limited for six years until November 2020. Ido also sits on other corporate and advisory boards, including as an emeritus member of the United Nations Foundation Global Entrepreneur Council. He is a member of the Risk Committee and People and Culture Committee
    Mr Heith Wray Mackay-Cruise Non-Executive DirectorNon-Executive Chairman Oct 2020
    Mr Cruise has been involved in the media, education, and technology sectors over the past 25 years. In Heith's executive career, he was the founding CEO of Sterling Early Education, the Global CEO and Managing Director of Study Group Limited, and CEO for PBL Media New Zealand. Heith also held senior executive positions with Australian Consolidated Press and worked in sales and marketing roles for PepsiCo around Australia. He is the Deputy Chair of the Australian Institute of Company Directors where he chairs the Board's Digital Transformation Committee, and is non-executive Chair of private equity owned technology business, Orro Pty Ltd. He is a member of the Risk Committee and People and Culture Committee.
    Ms Marina Simone Go Non-Executive Director Oct 2024
    Ms Go has over 30 years of leadership experience in the media industry, having started her career as a journalist and editor. Marina's media executive roles include CEO of Private Media, Country CEO of Hearst Australia, and senior roles with Pacific Magazines and Fairfax. Marina also Chairs the National Foundation for Australia-China Relations Advisory Board and was previously Chair of several other organizations including The Walkley Foundation, UTS Centre for Media Transition Advisory Board, Wests Tigers NRL Club, Super Netball Commission, Netball Australia and Ovarian Cancer Australia. She is a member of UNSW's Business Advisory Council, ANU's Centre for Asian Australian Leadership (CAAL) Advisory Board, O'Connell Street Associates, Chief Executive Women and a Fellow of the Australian Institute of Company Directors. She is a member of the Risk Committee and Chair of the People and Culture Committee.
    Mr Jeffrey (Jeff) Howard Chief Executive OfficerManaging Director Jan 2026
    --
    Ms Sarah Tinsley Company Secretary Feb 2025
    -
    Seb Rennie Chief Commercial Officer
    -
    Dave Cameron Chief Content Officer
    -
    Toby Potter Chief Financial Officer
    -
    Stephen Haddad Chief Operating Officer
    -
    Rebecca Ackland Chief People and Culture Officer
    -
    Sarah Tinsley Company Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Gulgong Pty Limited 35,505,074 14.80%
    Citicorp Nominees Pty Limited 35,209,737 14.68%
    Tiga Trading Pty Ltd 24,694,923 10.29%
    HSBC Custody Nominees (Australia) Limited 15,168,254 6.32%
    Palm Beach Nominees Pty Limited 12,391,708 5.17%
    19 Cashews Pty Ltd 11,250,000 4.69%
    One Managed Investment Funds Ltd 8,387,266 3.50%
    J P Morgan Nominees Australia Pty Limited 6,828,590 2.85%
    Sports Entertainment Group Limited 4,038,968 1.68%
    One Fund Services Limited 3,733,537 1.56%
    Tom Hadley Enterprises Pty Ltd 3,000,000 1.25%
    BNP Paribas Nominees Pty Ltd 2,781,849 1.16%
    HSBC Custody Nominees (Australia) Limited i 2,573,328 1.07%
    Forum Investments Pty Ltd 2,500,000 1.04%
    Mr Anthony John Huntley 2,250,000 0.94%
    Netyard Pty Ltd 2,200,000 0.92%
    Mr John William Harbot 1,850,000 0.77%
    BNP Paribas Nominees Pty Ltd i 1,452,888 0.61%
    Mr Darren Edward Bates 1,043,092 0.43%
    Dalelan Pty Limited 843,812 0.35%

    Profile

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