Tower Dividends and Buybacks
Dividend criteria checks 5/6
Tower is a dividend paying company with a current yield of 9.59% that is well covered by earnings.
Key information
9.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 11.1% |
| Dividend Growth | -14.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.130 |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
Investors Still Aren't Entirely Convinced By Tower Limited's (NZSE:TWR) Earnings Despite 26% Price Jump
Jul 31
Market Still Lacking Some Conviction On Tower Limited (NZSE:TWR)
Apr 16Should Shareholders Reconsider Tower Limited's (NZSE:TWR) CEO Compensation Package?
Feb 21Trade Alert: The Chief Executive Officer Of Tower Limited (NZSE:TWR), Blair Turnbull, Has Just Spent NZ$71k Buying 58% More Shares
Mar 03Do Institutions Own Tower Limited (NZSE:TWR) Shares?
Feb 17Tower's(NZSE:TWR) Share Price Is Down 61% Over The Past Five Years.
Jan 24Has Tower Limited's (NZSE:TWR) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Dec 30
Have Insiders Been Buying Tower Limited (NZSE:TWR) Shares This Year?
Dec 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TWR's dividend payments have been volatile in the past 10 years.
Growing Dividend: TWR's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tower Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TWR) | 9.6% |
| Market Bottom 25% (NZ) | 3.4% |
| Market Top 25% (NZ) | 6.3% |
| Industry Average (Insurance) | 3.7% |
| Analyst forecast (TWR) (up to 3 years) | 11.1% |
Notable Dividend: TWR's dividend (9.59%) is higher than the bottom 25% of dividend payers in the NZ market (3.4%).
High Dividend: TWR's dividend (9.59%) is in the top 25% of dividend payers in the NZ market (6.35%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (50.9%), TWR's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.3%), TWR's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/05 05:56 |
| End of Day Share Price | 2025/02/05 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tower Limited is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nigel Pittaway | Citigroup Inc |
| Andrew Adams | Credit Suisse |
| Lindsay James | Forsyth Barr Group Ltd. |