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Tower Properties Company engages in owning, developing, leasing, and managing real property. It owns office buildings, apartment complexes, a warehouse/office facility, and land held for future sale or development. The company's property portfolio is primarily located in located in Douglas and Johnson counties in Kansas, and Clay and St. Louis counties in Missouri. Tower Properties Company is based in Kansas City, Missouri.

Tower Properties Dividend Announcement

Tower Properties announced a annually dividend of $5000.00 per ordinary share which will be made payable on 2023-02-16. Ex dividend date: 2023-01-20
Tower Properties annual dividend for 2023 was $5000.00
Tower Properties's trailing twelve-month (TTM) dividend yield is -%

Tower Properties Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-01-20$5000.00annually2023-02-16
2020-12-18$5000.00annually
2012-04-26$2065.00annually

Tower Properties Dividend per year

Tower Properties Dividend Yield

Tower Properties current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Tower Properties stock? Use our calculator to estimate your expected dividend yield:

Tower Properties Financial Ratios

P/E ratio13.06
PEG ratio1.39
P/B ratio2.09
ROE16.95%
Payout ratio0.00%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Tower Properties Dividend FAQ

Does Tower Properties stock pay dividends?
Tower Properties does not currently pay dividends to its shareholders.
Has Tower Properties ever paid a dividend?
No, Tower Properties has no a history of paying dividends to its shareholders. Tower Properties is not known for its dividend payments.
Why doesn't Tower Properties pay dividends?
There are several potential reasons why Tower Properties would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Tower Properties ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Tower Properties has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Tower Properties a dividend aristocrat?
Tower Properties is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tower Properties a dividend king?
Tower Properties is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tower Properties a dividend stock?
No, Tower Properties is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Tower Properties stocks?
To buy Tower Properties you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Tower Properties stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.