Town Centre Securities Dividend
Dividend criteria checks 3/6
Town Centre Securities is a dividend paying company with a current yield of 3.45% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 23rd May, 2024.
Key information
3.4%
Dividend yield
43%
Payout ratio
Industry average yield | 5.6% |
Next dividend pay date | 14 Jun 24 |
Ex dividend date | 23 May 24 |
Dividend per share | n/a |
Earnings per share | -UK£0.42 |
Dividend yield forecast in 3Y | 4.0% |
Upcoming Dividend Payment
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) | 3.4% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.8% |
Industry Average (REITs) | 5.6% |
Analyst forecast in 3 Years (TOWN) | 4.0% |
Notable Dividend: TOWN's dividend (3.45%) is higher than the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: TOWN's dividend (3.45%) is low compared to the top 25% of dividend payers in the UK market (5.79%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (42.8%), TOWN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.7%), TOWN's dividend payments are well covered by cash flows.