Turners Automotive Group Dividend
Dividend criteria checks 4/6
Turners Automotive Group is a dividend paying company with a current yield of 5.12% that is well covered by earnings.
Key information
5.1%
Dividend yield
61%
Payout ratio
| Industry average yield | 6.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NZ$0.38 |
| Dividend yield forecast in 3Y | 7.5% |
Recent dividend updates
Recent updates
Turners Automotive Group (NZSE:TRA) Will Pay A Dividend Of NZ$0.0824
May 25
Turners 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 11Factors Income Investors Should Consider Before Adding Turners Automotive Group Limited (NZSE:TRA) To Their Portfolio
Nov 29Stability 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) | 5.1% |
| Market Bottom 25% (NZ) | 3.1% |
| Market Top 25% (NZ) | 6.9% |
| Industry Average (Specialty Retail) | 6.6% |
| Analyst forecast in 3 Years (TRA) | 7.5% |
Notable Dividend: TRA's dividend (5.12%) is higher than the bottom 25% of dividend payers in the NZ market (3.05%).
High Dividend: TRA's dividend (5.12%) is low compared to the top 25% of dividend payers in the NZ market (6.82%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.3%), TRA's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.9%), TRA's dividend payments are covered by cash flows.