Turners Automotive Group Dividends and Buybacks
Dividend criteria checks 3/6
Turners Automotive Group is a dividend paying company with a current yield of 5.53% that is well covered by earnings.
Key information
5.5%
Dividend yield
-0.2%
Buyback Yield
| Total Shareholder Yield | 5.3% |
| Future Dividend Yield | 7.0% |
| Dividend Growth | 6.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NZ$0.255 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Turners Automotive Group's (NZSE:TRA) Dividend Will Be NZ$0.0706
Oct 05
Turners Automotive Group (NZSE:TRA) Has Announced That It Will Be Increasing Its Dividend To NZ$0.0882
Jul 03Turners Automotive Group's (NZSE:TRA) Upcoming Dividend Will Be Larger Than Last Year's
Jun 19Recent updates
Turners Automotive Group's (NZSE:TRA) Dividend Will Be NZ$0.0706
Oct 05Turners Automotive Group (NZSE:TRA) Has Announced That It Will Be Increasing Its Dividend To NZ$0.0882
Jul 03Turners Automotive Group's (NZSE:TRA) Upcoming Dividend Will Be Larger Than Last Year's
Jun 19Turners Automotive Group Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 23Turners Automotive Group (NZSE:TRA) Will Pay A Dividend Of NZ$0.0824
May 25Turners Automotive Group's (NZSE:TRA) Dividend Will Be NZ$0.0706
Apr 06Turners Automotive Group (NZSE:TRA) Has Announced A Dividend Of NZ$0.0588
Jan 09Turners Automotive Group (NZSE:TRA) Is Due To Pay A Dividend Of NZ$0.0588
Nov 26Turners Automotive Group (NZSE:TRA) Has Affirmed Its Dividend Of NZ$0.0588
Oct 06Turners Automotive Group's (NZSE:TRA) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 14Turners Automotive Group (NZSE:TRA) Has Announced That It Will Be Increasing Its Dividend To NZ$0.082
Jun 09These 4 Measures Indicate That Turners Automotive Group (NZSE:TRA) Is Using Debt Extensively
Jun 09Should You Think About Buying Turners Automotive Group Limited (NZSE:TRA) Now?
May 25Capital Allocation Trends At Turners Automotive Group (NZSE:TRA) Aren't Ideal
Apr 06Is Turners Automotive Group Limited (NZSE:TRA) A Strong Dividend Stock?
Mar 23With A 10% Return On Equity, Is Turners Automotive Group Limited (NZSE:TRA) A Quality Stock?
Mar 11Read This Before Selling Turners Automotive Group Limited (NZSE:TRA) Shares
Feb 27Do Institutions Own Turners Automotive Group Limited (NZSE:TRA) Shares?
Feb 15Why Turners Automotive Group Limited (NZSE:TRA) Could Be Worth Watching
Feb 01Can You Imagine How Turners Automotive Group's (NZSE:TRA) Shareholders Feel About The 18% Share Price Increase?
Jan 20We Wouldn't Be Too Quick To Buy Turners Automotive Group Limited (NZSE:TRA) Before It Goes Ex-Dividend
Jan 08Returns On Capital At Turners Automotive Group (NZSE:TRA) Paint An Interesting Picture
Jan 06Here's Why Turners Automotive Group (NZSE:TRA) Has A Meaningful Debt Burden
Dec 24
Read This Before Judging Turners Automotive Group Limited's (NZSE:TRA) ROE
Dec 11Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRA's dividend payments have been volatile in the past 10 years.
Growing Dividend: TRA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Turners Automotive Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRA) | 5.5% |
| Market Bottom 25% (NZ) | 3.4% |
| Market Top 25% (NZ) | 6.1% |
| Industry Average (Specialty Retail) | 5.9% |
| Analyst forecast (TRA) (up to 3 years) | 7.0% |
Notable Dividend: TRA's dividend (5.53%) is higher than the bottom 25% of dividend payers in the NZ market (3.35%).
High Dividend: TRA's dividend (5.53%) is low compared to the top 25% of dividend payers in the NZ market (6.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.6%), TRA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (206.4%), TRA's dividend payments are not well covered by cash flows.