Port of Tauranga Dividends and Buybacks
Dividend criteria checks 3/6
Port of Tauranga is a dividend paying company with a current yield of 2.47% that is well covered by earnings.
Key information
2.5%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 2.5% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | -3.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 86% |
Recent dividend and buyback updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PTAU.Y's dividend payments have been volatile in the past 10 years.
Growing Dividend: PTAU.Y's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Port of Tauranga Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PTAU.Y) | 2.5% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Infrastructure) | 3.2% |
| Analyst forecast (PTAU.Y) (up to 3 years) | 3.2% |
Notable Dividend: PTAU.Y's dividend (2.47%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: PTAU.Y's dividend (2.47%) is low compared to the top 25% of dividend payers in the US market (4.85%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86%), PTAU.Y's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (98.7%), PTAU.Y's dividend payments are not well covered by cash flows.