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 1.92, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Town Centre Securities was 5.83. The lowest was 0.22. And the median was 0.75.
During the past 12 months, Town Centre Securities's average Dividends Per Share Growth Rate was -50.00% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 12.60% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -17.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was -10.00% per year.
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 6.95% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Town Centre Securities Dividend Yield % Historical Data
The historical data trend for Town Centre Securities's Dividend Yield % 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 Dividend Yield %
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 Dividend Yield % Calculation
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 0.025000
2024-05-23
2024-05-24
2024-06-14
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.
* 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 (LSE:TOWN) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Town Centre Securities Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Town Centre Securities's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Town Centre Securities PLC is a United Kingdom-based company engaged in property investment, development, trading, and the provision of hotel and car parks. The company operates in four business segments comprising property rental, car park operations, hotel operations, and investments. Geographically their operations are performed wholly in the United Kingdom. It serves 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 its revenue from the Property Rental segment.
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