Town Centre Securities PLC (TCS) is a leading UK property investment & development company with property assets of over £394 million. With almost 60 years' experience, a commitment to sustainable development and a reputation for quality & innovation, TCS create outstanding mixed use developments close to transport hubs in Leeds, Manchester, Glasgow and London. Committed to tenants and shareholders, TCS provides world-class residential, office and commercial accommodation and robust investment opportunities through actively managing our portfolio for income and capital growth. We invest in locations likely to demonstrate sustainable growth, work closely with tenants to improve our properties to meet their needs, and dispose of properties that no longer meet our stringent criteria for future performance.
Town Centre Securities Dividend Announcement
• Town Centre Securities announced a semi annually dividend of £8.50 per ordinary share which will be made payable on 2024-06-14. Ex dividend date: 2024-05-23
• Town Centre Securities annual dividend for 2024 was £8.50
• Town Centre Securities annual dividend for 2023 was £5.00
• Town Centre Securities's trailing twelve-month (TTM) dividend yield is 7.95%
• Town Centre Securities's payout ratio for the trailing twelve months (TTM) is -52.55%
• Town Centre Securities's dividend growth over the last five years (2018-2023) was -15.71% year
• Town Centre Securities's dividend growth over the last ten years (2013-2023) was -11.91% year
Town Centre Securities Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-05-23 | £8.50 | semi annually | 2024-06-14 |
2023-12-14 | £2.50 | semi annually | 2024-01-04 |
2023-05-18 | £2.50 | semi annually | 2023-06-16 |
2022-12-08 | £2.50 | semi annually | 2023-01-06 |
2022-05-19 | £2.50 | semi annually | 2022-06-24 |
2021-12-30 | £1.75 | semi annually | 2022-01-21 |
2021-05-27 | £1.75 | semi annually | 2021-06-25 |
2020-12-03 | £1.75 | semi annually | 2021-01-05 |
2020-05-28 | £3.25 | semi annually | 2020-06-26 |
2019-12-05 | £8.50 | semi annually | 2020-01-07 |
2019-05-23 | £3.25 | semi annually | 2019-06-21 |
2018-12-06 | £8.50 | semi annually | 2019-01-04 |
2018-05-24 | £3.25 | semi annually | 2018-06-22 |
2017-12-07 | £8.25 | semi annually | 2018-01-04 |
2017-05-25 | £3.25 | semi annually | 2017-06-23 |
2016-12-01 | £7.90 | semi annually | 2017-01-04 |
2016-05-26 | £3.10 | semi annually | 2016-06-24 |
2015-12-03 | £7.34 | semi annually | 2016-01-05 |
2015-05-28 | £3.10 | semi annually | 2015-06-26 |
2014-12-04 | £7.34 | semi annually | 2015-01-06 |
2014-05-28 | £3.10 | semi annually | 2014-06-27 |
2013-12-04 | £7.34 | semi annually | 2014-01-06 |
2013-05-29 | £3.10 | semi annually | 2013-06-28 |
2013-03-06 | £7.34 | semi annually | 2013-04-08 |
Town Centre Securities Dividend per year
Town Centre Securities Dividend growth
Town Centre Securities Dividend Yield
Town Centre Securities current trailing twelve-month (TTM) dividend yield is 7.95%. Interested in purchasing Town Centre Securities stock? Use our calculator to estimate your expected dividend yield:
Town Centre Securities Financial Ratios
Town Centre Securities Dividend FAQ
Other factors to consider when evaluating Town Centre Securities as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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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.
1. Determination of Dividend: Town Centre Securities's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Town Centre Securities publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Town Centre Securities distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Town Centre Securities are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Town Centre Securities sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Town Centre Securities distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Town Centre Securities declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Town Centre Securities's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Town Centre Securities's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.