Turnstar Holdings Dividends and Buybacks
Dividend criteria checks 4/6
Turnstar Holdings is a dividend paying company with a current yield of 9.52% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 27th November, 2024.
Key information
9.5%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | 4.5% |
| Next dividend pay date | 10 Dec 24 |
| Ex dividend date | 27 Nov 24 |
| Dividend per share | P0.200 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TURN-EQU's dividend payments have been volatile in the past 10 years.
Growing Dividend: TURN-EQU's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Turnstar Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TURN-EQU) | 9.5% |
| Market Bottom 25% (BW) | 4.3% |
| Market Top 25% (BW) | 8.9% |
| Industry Average (Real Estate) | 6.4% |
| Analyst forecast (TURN-EQU) (up to 3 years) | n/a |
Notable Dividend: TURN-EQU's dividend (9.52%) is higher than the bottom 25% of dividend payers in the BW market (4.47%).
High Dividend: TURN-EQU's dividend (9.52%) is in the top 25% of dividend payers in the BW market (8.92%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (69.2%), TURN-EQU's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (91.8%), TURN-EQU's dividend payments are not well covered by cash flows.