Tower Dividends and Buybacks
Dividend criteria checks 2/6
Tower is a dividend paying company with a current yield of 4.58% that is well covered by earnings.
Key information
4.6%
Dividend yield
0.0009%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 9.9% |
| Dividend Growth | -1.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.060 |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Stability 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 fallen over the past 10 years.
Dividend Yield vs Market
| Tower Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TWR) | 4.6% |
| Market Bottom 25% (AU) | 2.7% |
| Market Top 25% (AU) | 6.0% |
| Industry Average (Insurance) | 3.8% |
| Analyst forecast (TWR) (up to 3 years) | 9.9% |
Notable Dividend: TWR's dividend (4.58%) is higher than the bottom 25% of dividend payers in the Australian market (2.67%).
High Dividend: TWR's dividend (4.58%) is low compared to the top 25% of dividend payers in the Australian market (5.99%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), TWR's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (351.2%), TWR's dividend payments are not well covered by cash flows.