Turnstar Holdings Limited

BSM:TURN-EQU Stock Report

Market Cap: P1.2b

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 Yieldn/a
Future Dividend Yieldn/a
Dividend Growth4.5%
Next dividend pay date10 Dec 24
Ex dividend date27 Nov 24
Dividend per shareP0.200
Payout ratio69%

Recent dividend and buyback updates

Recent updates

Upcoming Dividend Payment

TodayNov 13 2024Ex Dividend DateNov 27 2024Dividend Pay DateDec 10 202413 days from Ex DividendBuy in the next 14 days to receive the upcoming dividend

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
How does TURN-EQU dividend yield compare to the market?
SegmentDividend Yield
Company (TURN-EQU)9.5%
Market Bottom 25% (BW)4.5%
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.


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