Third Age Health Services Dividends and Buybacks
Dividend criteria checks 3/6
Third Age Health Services is a dividend paying company with a current yield of 4.46% that is well covered by earnings.
Key information
4.5%
Dividend yield
0.009%
Buyback Yield
| Total Shareholder Yield | 4.5% |
| Future Dividend Yield | n/a |
| Dividend Growth | 25.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.101 |
| Payout ratio | 69% |
Recent dividend and buyback updates
Third Age Health Services (NZSE:TAH) Is Paying Out A Larger Dividend Than Last Year
Oct 29
Third Age Health Services (NZSE:TAH) Has Affirmed Its Dividend Of NZ$0.028
May 29Recent updates
Third Age Health Services Limited (NZSE:TAH) Soars 27% But It's A Story Of Risk Vs Reward
Nov 12Third Age Health Services' (NZSE:TAH) Solid Earnings Are Supported By Other Strong Factors
Nov 01Third Age Health Services (NZSE:TAH) Is Paying Out A Larger Dividend Than Last Year
Oct 29Third Age Health Services Limited's (NZSE:TAH) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Aug 14Third Age Health Services (NZSE:TAH) Has Affirmed Its Dividend Of NZ$0.028
May 29Third Age Health Services (NZSE:TAH) Is Increasing Its Dividend To NZ$0.04
Jun 02Subdued Growth No Barrier To Third Age Health Services Limited's (NZSE:TAH) Price
Oct 18Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TAH has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TAH's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
| Third Age Health Services Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TAH) | 4.5% |
| Market Bottom 25% (NZ) | 3.2% |
| Market Top 25% (NZ) | 6.1% |
| Industry Average (Healthcare) | 2.8% |
| Analyst forecast (TAH) (up to 3 years) | n/a |
Notable Dividend: TAH's dividend (4.46%) is higher than the bottom 25% of dividend payers in the NZ market (3.22%).
High Dividend: TAH's dividend (4.46%) is low compared to the top 25% of dividend payers in the NZ market (6.12%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (68.8%), TAH's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.2%), TAH's dividend payments are well covered by cash flows.