Town Centre Securities Dividends and Buybacks
Dividend criteria checks 3/6
Town Centre Securities is a dividend paying company with a current yield of 3.83% that is well covered by earnings.
Key information
3.8%
Dividend yield
14.3%
Buyback Yield
| Total Shareholder Yield | 18.2% |
| Future Dividend Yield | 5.0% |
| Dividend Growth | -0.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 30% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOWNL's dividend payments have been volatile in the past 10 years.
Growing Dividend: TOWNL's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Town Centre Securities Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TOWNL) | 3.8% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (REITs) | 6.3% |
| Analyst forecast (TOWNL) (up to 3 years) | 5.0% |
Notable Dividend: TOWNL's dividend (3.83%) is higher than the bottom 25% of dividend payers in the UK market (2.18%).
High Dividend: TOWNL's dividend (3.83%) is low compared to the top 25% of dividend payers in the UK market (6%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.2%), TOWNL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.2%), TOWNL's dividend payments are well covered by cash flows.