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Turners Automotive Group Limited engages in the automotive retail business in New Zealand and Australia. It operates through Automotive Retail, Finance, Credit Management, and Insurance segments. The Automotive Retail segment engages in purchasing and remarketing of motor vehicles, trucks, heavy machinery, and commercial goods. The Finance segment provides asset-based finance to consumers and SME's. The Credit Management segment offers collection, credit management, and debt recovery services to the corporate and SME sectors. The Insurance segment engages in marketing and administration of a range of life and consumer insurance products, and saving products. The company was formerly known as Turners Limited and changed its name to Turners Automotive Group Limited in May 2017. Turners Automotive Group Limited was incorporated in 1984 and is based in Auckland, New Zealand.

Turners Automotive Dividend Announcement

Turners Automotive announced a quarterly dividend of NZ$0.07 per ordinary share which will be made payable on 2024-10-30. Ex dividend date: 2024-10-11
Turners Automotive annual dividend for 2024 was NZ$0.33
Turners Automotive annual dividend for 2023 was NZ$0.24
Turners Automotive's trailing twelve-month (TTM) dividend yield is 7.3%
Turners Automotive's payout ratio for the trailing twelve months (TTM) is 24.93%
Turners Automotive's dividend growth over the last five years (2018-2023) was 12.20% year

Turners Automotive Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-11NZ$0.07quarterly2024-10-30
2024-10-10NZ$0.06quarterly2024-10-30
2024-07-16NZ$0.07quarterly2024-07-26
2024-03-11NZ$0.06quarterly2024-03-27
2024-01-08NZ$0.06quarterly2024-01-26
2023-10-10NZ$0.06quarterly2023-10-27
2023-07-10NZ$0.07quarterly2023-07-28
2023-04-14NZ$0.06quarterly2023-04-27
2023-01-11NZ$0.05quarterly2023-01-26
2022-10-11NZ$0.05quarterly2022-10-27
2022-07-18NZ$0.07quarterly2022-07-28
2022-04-06NZ$0.06quarterly2022-04-20
2022-01-17NZ$0.05quarterly2022-01-27
2021-10-18NZ$0.05quarterly2021-10-28
2021-07-13NZ$0.06quarterly2021-07-28
2021-03-17NZ$0.06quarterly2021-03-30
2021-01-13NZ$0.04quarterly2021-01-28
2020-10-09NZ$0.04quarterly2020-10-22
2020-07-13NZ$0.06quarterly2020-07-24
2020-01-17NZ$0.04quarterly2020-01-30
2019-10-14NZ$0.04quarterly2019-10-22
2019-07-08NZ$0.05quarterly2019-07-18
2019-04-18NZ$0.04quarterly2019-04-30
2019-01-21NZ$0.04quarterly2019-01-30
2018-10-19NZ$0.04quarterly2018-10-30
2018-07-02NZ$0.05quarterly2018-07-18
2018-04-13NZ$0.04quarterly2018-04-20
2017-12-14NZ$0.03quarterly2017-12-22
2017-10-26NZ$0.03quarterly2017-11-03
2017-07-14NZ$0.04quarterly2017-07-21
2017-04-05NZ$0.04quarterly2017-04-12
2016-12-15NZ$0.03quarterly
2016-09-22NZ$0.03quarterly
2016-07-20NZ$0.07quarterly
2015-12-04NZ$0.01quarterly
2015-07-08NZ$0.01quarterly
2014-12-10NZ$0.00quarterly
2014-07-14NZ$0.01quarterly

Turners Automotive Dividend per year

Turners Automotive Dividend growth

Turners Automotive Dividend Yield

Turners Automotive current trailing twelve-month (TTM) dividend yield is 7.3%. Interested in purchasing Turners Automotive stock? Use our calculator to estimate your expected dividend yield:

Turners Automotive Financial Ratios

P/E ratio3.55
PEG ratio1.03
P/B ratio1.41
ROE39.69%
Payout ratio24.93%
Current ratio1.15
Quick ratio1.10
Cash Ratio0.04

Turners Automotive Dividend FAQ

How much is the next Turners Automotive dividend?
Turners Automotive's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Turners Automotive dividend. The next Turners Automotive dividend will be released in January, April, July, or October.
When is Turners Automotive dividend paid?
Turners Automotive pays dividends on a quarterly basis. The specific dates may vary each year but are generally around January, April, July, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Turners Automotive pay?
The specific amount of Turners Automotive dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Turners Automotive's dividend history.
Does Turners Automotive stock pay dividends?
Yes, Turners Automotive does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Turners Automotive's dividend history.
How much dividend does Turners Automotive pay?
Turners Automotive paid NZ$0.326 in 2024, NZ$0.24 in 2023, NZ$0.23 in 2022, NZ$0.21 in 2021, and NZ$0.14 in 2020.
How often does Turners Automotive pay dividends?
Turners Automotive typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around January, April, July, and October.
What is Turners Automotive's dividend yield?
The current dividend yield for Turners Automotive is 7.3%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Turners Automotive's exact dividend yield.
When does Turners Automotive go ex dividend?
Turners Automotive's ex-dividend date for the latest dividend was on 2024-10-11. Turners Automotive typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Turners Automotive dividend paid?
Turners Automotive pays dividends on a quarterly basis, typically around January, April, July, or October, but the exact dates can vary each year.
Will Turners Automotive increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Turners Automotive will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Turners Automotive dividend per share?
Turners Automotive paid NZ$0.326 per share in 2024 and NZ$0.24 per share in 2023. The amount of dividend per share that Turners Automotive pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Turners Automotive a dividend aristocrat?
No, 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 Turners Automotive a dividend king?
No, 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 Turners Automotive a dividend stock?
Yes, Turners Automotive is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Turners Automotive a good dividend stock?
Whether Turners Automotive is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Turners Automotive has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Turners Automotive 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.
Does Turners Automotive pay dividends monthly?
Turners Automotive typically pays dividends on a quarterly basis.
Does Turners Automotive pay dividends quarterly?
Turners Automotive currently pays dividends on a quarterly basis.
Has Turners Automotive ever paid a dividend?
Yes, Turners Automotive has a history of paying dividends to its shareholders. Turners Automotive is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Turners Automotive dividend stocks?
To buy Turners Automotive 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, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Turners Automotive 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.
When does Turners Automotive pay dividends 2024?
Turners Automotive pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Turners Automotive increase its dividend in 2024?
Decisions regarding Turners Automotive dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Turners Automotive dividend overview you can look into the above table of dividend history.
How Turners Automotive dividend works?
The Turners Automotive dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Turners Automotive's dividend process works:

1. Determination of Dividend: Turners Automotive'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, Turners Automotive 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, Turners Automotive 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 Turners Automotive 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.
How are Turners Automotive dividends paid?
Turners Automotive dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Turners Automotive 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, Turners Automotive distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Turners Automotive 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.
How many times does Turners Automotive pay dividends?
Turners Automotive typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Turners Automotive pay dividends?
The general pattern is that Turners Automotive pays dividends around January, April, July, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Turners Automotive dividend safe?
The safety of Turners Automotive's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Turners Automotive'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 Turners Automotive'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.