Town Centre Securities Dividends and Buybacks
Dividend criteria checks 2/6
Town Centre Securities is a dividend paying company with a current yield of 1.93% that is well covered by earnings.
Key information
1.9%
Dividend yield
17.0%
Buyback Yield
| Total Shareholder Yield | 18.9% |
| Future Dividend Yield | 4.4% |
| Dividend Growth | -3.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | UK£0.025 |
| Payout ratio | 64% |
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TOWN's dividend payments have been volatile in the past 10 years.
Growing Dividend: TOWN'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 (TOWN) | 1.9% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.8% |
| Industry Average (REITs) | 6.0% |
| Analyst forecast (TOWN) (up to 3 years) | 4.4% |
Notable Dividend: TOWN's dividend (1.93%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.1%).
High Dividend: TOWN's dividend (1.93%) is low compared to the top 25% of dividend payers in the UK market (5.84%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.8%), TOWN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.3%), TOWN's dividend payments are well covered by cash flows.