If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Town Centre Securities PLC is 0.806, which seems too high.
During the past 3 years, the average Dividends Per Share Growth Rate was -24.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -21.40% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -8.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Town Centre Securities was 68.60% per year. The lowest was -32.70% per year. And the median was 6.90% per year.
For more information regarding to dividend, please check our Dividend Page.
Town Centre Securities Dividends per Share Historical Data
The historical data trend for Town Centre Securities's Dividends per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Town Centre Securities's Dividends per Share
For the REIT - Diversified subindustry, Town Centre Securities's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Town Centre Securities's Dividend Yield % Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Town Centre Securities's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Town Centre Securities's Dividend Yield % falls into.
Town Centre Securities Dividends per Share Calculation
Dividends paid to per common share.
Town Centre Securities (LSE:TOWN) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Town Centre Securities's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Town Centre Securities was 5.83. The lowest was 0.20. And the median was 0.75.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Town Centre Securities PLC is 0.806, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Town Centre Securities Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
GBP 0.025
2023-12-14
2023-12-15
2024-01-04
Cash Dividend
semi-annually
GBP:GBP 1.000000
GBP 0.025
2023-05-18
2023-05-19
2023-06-16
Cash Dividend
semi-annually
GBP:GBP 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Town Centre Securities's Dividend Yield (%) for Today is calculated as
Current Share Price is £1.41.
Town Centre Securities's Dividends per Share for the trailing twelve months (TTM) ended in Today is £0.05.
During the past 13 years, the highest Dividend Yield of Town Centre Securities was 14.43%. The lowest was 2.13%. And the median was 3.87%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Town Centre Securities Dividends per Share Related Terms
Thank you for viewing the detailed overview of Town Centre Securities's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Town Centre Securities (LSE:TOWN) Business Description
Town Centre Securities PLC is the United Kingdom-based company engaged in property investment, development and trading and the provision of a hotel and car parks. The company operates in three business segments comprising property rental, car park activities and hotel operations. Geographically their operations are performed wholly in the United Kingdom. It serves in various sectors such as retail, leisure, office, car parking, distribution and residential. The company's property portfolio includes Rochdale Retail Park, Marina Residential, Eider House, Brownsfield Mill, Carver's Warehouse, Retail Village, The Arena Quarter, and others. The company derives of the revenue from the Property Rental segment.
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