TRA News: Turners Automotive Group's (NZSE:TRA) Upcoming Dividend Will Be Larger Than Last Year's - 27th May 2022, 4:04am

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Turners Automotive Group Limited (NZSE:TRA) will increase its dividend on the 28th of July to NZ$0.082. This will take the dividend yield from 6.3% to 7.1%, providing a nice boost to shareholder returns.

View our latest analysis for Turners Automotive Group

Turners Automotive Group's Payment Has Solid Earnings Coverage

We like to see robust dividend yields, but that doesn't matter if the payment isn't sustainable. Before making this announcement, Turners Automotive Group was earning enough to...

>>> Read more: Turners Automotive Group's (NZSE:TRA) Upcoming Dividend Will Be Larger Than Last Year's
 
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