Turnstar Holdings Dividend
Dividend criteria checks 5/6
Turnstar Holdings is a dividend paying company with a current yield of 10.31% that is well covered by earnings.
Key information
10.3%
Dividend yield
78%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | P0.200 |
| Earnings per share | P0.26 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
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) | 10.3% |
| Market Bottom 25% (BW) | 4.8% |
| Market Top 25% (BW) | 8.2% |
| Industry Average (Real Estate) | 6.6% |
| Analyst forecast in 3 Years (TURN-EQU) | n/a |
Notable Dividend: TURN-EQU's dividend (10.31%) is higher than the bottom 25% of dividend payers in the BW market (4.85%).
High Dividend: TURN-EQU's dividend (10.31%) is in the top 25% of dividend payers in the BW market (8.2%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.7%), TURN-EQU's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.7%), TURN-EQU's dividend payments are covered by cash flows.