Tourism Holdings Dividends and Buybacks
Dividend criteria checks 2/6
Tourism Holdings is a dividend paying company with a current yield of 5.21% that is well covered by earnings.
Key information
5.2%
Dividend yield
-0.4%
Buyback Yield
| Total Shareholder Yield | 4.8% |
| Future Dividend Yield | 10.8% |
| Dividend Growth | -6.2% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | AU$0.100 |
| Payout ratio | 52% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: THL's dividend payments have been volatile in the past 10 years.
Growing Dividend: THL's dividend payments have not increased over the past 10 years.
Dividend Yield vs Market
| Tourism Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (THL) | 5.2% |
| Market Bottom 25% (AU) | 2.6% |
| Market Top 25% (AU) | 6.1% |
| Industry Average (Transportation) | 2.0% |
| Analyst forecast (THL) (up to 3 years) | 10.8% |
Notable Dividend: THL's dividend (5.21%) is higher than the bottom 25% of dividend payers in the Australian market (2.63%).
High Dividend: THL's dividend (5.21%) is low compared to the top 25% of dividend payers in the Australian market (6.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), THL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: THL is paying a dividend but the company has no free cash flows.