Tourism Holdings Dividend
Dividend criteria checks 3/6
Tourism Holdings is a dividend paying company with a current yield of 5.26% that is well covered by earnings.
Key information
5.3%
Dividend yield
50%
Payout ratio
Industry average yield | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | NZ$0.30 |
Dividend yield forecast in 3Y | 8.1% |
Recent dividend updates
Recent updates
Here's What Analysts Are Forecasting For Tourism Holdings Limited (NZSE:THL) After Its Interim Results
Feb 23We Think Tourism Holdings Limited's (NZSE:THL) CEO Compensation Package Needs To Be Put Under A Microscope
Oct 14Tourism Holdings (NZSE:THL) Is Reinvesting At Lower Rates Of Return
Jun 09Should You Investigate Tourism Holdings Limited (NZSE:THL) At NZ$2.65?
May 10Tourism Holdings (NZSE:THL) Takes On Some Risk With Its Use Of Debt
Mar 14Returns On Capital At Tourism Holdings (NZSE:THL) Paint An Interesting Picture
Feb 26What Type Of Shareholders Make Up Tourism Holdings Limited's (NZSE:THL) Share Registry?
Feb 11Is It Too Late To Consider Buying Tourism Holdings Limited (NZSE:THL)?
Jan 23Tourism Holdings Limited's (NZSE:THL) Stock Is Going Strong: Have Financials A Role To Play?
Dec 23A Look At Tourism Holdings' (NZSE:THL) Share Price Returns
Dec 08Should We Be Excited About The Trends Of Returns At Tourism Holdings (NZSE:THL)?
Nov 23Stability and Growth of Payments
Fetching dividends data
Stable Dividend: THL's dividend payments have been volatile in the past 10 years.
Growing Dividend: THL's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Tourism Holdings Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (THL) | 5.3% |
Market Bottom 25% (NZ) | 3.2% |
Market Top 25% (NZ) | 7.1% |
Industry Average (Transportation) | 1.9% |
Analyst forecast in 3 Years (THL) | 8.1% |
Notable Dividend: THL's dividend (5.26%) is higher than the bottom 25% of dividend payers in the NZ market (3.17%).
High Dividend: THL's dividend (5.26%) is low compared to the top 25% of dividend payers in the NZ market (7.06%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (50%), THL's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: THL is paying a dividend but the company has no free cash flows.