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Turners Automotive Group Limited

Turners Automotive Group Limited (TRA.NZ) Stock Price & Analysis

NZX

NZX Share Price, Dividends & Financials

Consumer Cyclical
Website

Price

$8.58

Dividend Yield

3.84%

Annual yield

Market Cap

776M

Total value

P/E Ratio

18.4

Price to earnings

Dividend Information

Annual Rate

0.42

Per share annually

Last Dividend

0.09

13/04/2026

Ex-Dividend

14/04/2026

Next ex-date

Payout Ratio

78.95

Of earnings

Years Paying

13

Consecutive

5Y Avg Yield

5.67

Historical avg

Stock Analysis Summary

01-04-2026

Turners Automotive Group Limited (TRA.NZ) is a New Zealand-based company listed on the NZX that offers a reliable dividend income for investors. As of the latest data, TRA.NZ boasts a current dividend yield of approximately 6.5%, with a 5-year range typically fluctuating between 5% and 7%. The company pays dividends quarterly, demonstrating a stable and consistent payout history that appeals to income-focused investors. The payout ratio for Turners Automotive is around 70%, indicating a sustainable dividend policy that balances rewarding shareholders with retaining earnings for growth. Recently, the company has maintained its dividend payouts without cuts, showcasing resilience even in challenging market conditions. Compared to sector averages, Turners Automotive's yield is competitive, making it an attractive option for those seeking steady income. With its reliable yield and consistent payouts, Turners Automotive Group Limited positions itself as a retiree-friendly dividend stock. Is Turners Automotive Group Limited the right choice for your dividend portfolio?

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Upcoming Ex-Dates

1 company

Next 30 days

Payment Dates

1 payment

This month

Avg Yield

6%

All sectors

Dividend Growth History

48 payments tracked
+2018.0% total growth
Latest Dividend
$0.106
Ex-date: 4/13/2026
Recent Change
+12.5%
vs previous payment

Valuation Metrics

Forward P/E15.27
EPS0.46
Revenue Per Share4.64

Financial Health

Current Ratio84.727
Quick Ratio81.559
Cash Per Share1.14

Turners Automotive Group Limited Dividend History

TRA dividend payment dates, amounts, and ex-dividend history

Ex Dividend DatePayable DateDividend AmountAmount ChangeAdjusted PriceClose Price
13/04/202629/04/20260.105912.50%8.68.6
09/01/202629/01/20260.094114.29%7.887.88
13/10/202530/10/20250.0824-8.50%7.087.08
11/07/202529/07/20250.105951.26%6.456.45
09/04/202529/04/20250.082417.65%5.875.87
09/01/202529/01/20250.0716.67%5.365.36
11/10/202430/10/20240.06-20%4.544.6
17/07/202426/07/20240.07525%44.1
11/03/202427/03/20240.06N/A4.594.79
08/01/202426/01/20240.06N/A4.334.58
10/10/202327/10/20230.06-14.29%3.84.07
10/07/202328/07/20230.0716.67%3.353.65
14/04/202327/04/20230.0620%3.063.4
11/01/202326/01/20230.05N/A2.883.25
11/10/202227/10/20220.05-28.57%3.043.49
18/07/202228/07/20220.0716.67%3.143.65
06/04/202220/04/20220.0620%3.464.1
17/01/202227/01/20220.05N/A3.784.55
18/10/202128/10/20210.05-16.67%3.654.44
13/07/202128/07/20210.06N/A3.484.28
17/03/202130/03/20210.0650%2.63.24
13/01/202128/01/20210.04N/A2.543.22
09/10/202022/10/20200.04-33.33%1.982.54
13/07/202024/07/20200.0650%1.682.2
17/01/202030/01/20200.04N/A2.162.89
14/10/201922/10/20190.04-20%1.932.63
08/07/201918/07/20190.0525%1.652.28
18/04/201930/04/20190.04N/A1.722.42
21/01/201930/01/20190.04N/A1.632.34
22/10/201830/10/20180.04N/A1.922.8
19/10/2018N/A0.04-20%1.952.84
02/07/201818/07/20180.0511.11%2.163.2
13/04/201820/04/20180.04550%23
14/12/201722/12/20170.03N/A2.123.23
26/10/201703/11/20170.03-33.33%2.063.17
14/07/201721/07/20170.04512.50%2.273.53
05/04/201712/04/20170.0433.33%2.263.55
15/12/2016N/A0.03N/A2.193.48
22/09/2016N/A0.03-57.14%1.963.14
20/07/2016N/A0.0716.67%1.913.1
04/12/2015N/A0.06900%1.873.1
03/12/2015N/A0.006-90%1.813
08/07/2015N/A0.06900%1.692.85
07/07/2015N/A0.006-85%1.722.9
10/12/2014N/A0.04900%1.853.2
09/12/2014N/A0.004-92%1.793.1
14/07/2014N/A0.05900%1.292.25
13/07/2014N/A0.005N/A1.372.4

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Investment Analysis: Turners Automotive Group Limited

Dividend Payment Analysis

Turners Automotive Group Limited (TRA.NZ) operates in the Consumer Cyclical sector and offers investors a moderate dividend yield of 3.84% based on current market prices. For New Zealand income investors, this translates to approximately $0.4200per share annually.

Dividend Sustainability Analysis

A critical factor for dividend investors is the sustainability of payments. Turners Automotive Group Limitedcurrently maintains a payout ratio of 79.0%, which is considered stretched coverage. Investors should carefully monitor earnings trends, as higher payout ratios leave less room for dividend growth or cuts during challenging periods.

Dividend Yield Context

A 3.84% yield aligns with typical NZ dividend-paying stocks, offering a balance between income and capital appreciation potential. Always compare yields within the same sector for meaningful context.

Valuation Perspective for Dividend Investors

Beyond dividend metrics, valuation matters. Turners Automotive Group Limited trades at a P/E ratio of 18.4x, which is fair by historical standards. Dividend investors often seek a combination of reasonable valuation and sustainable yield rather than chasing the highest yield alone.

Key Considerations Before Investing

Imputation Credits

As a New Zealand company, Turners Automotive Group Limited may attach imputation credits to dividends, effectively providing NZ tax-resident shareholders with a tax credit for company tax already paid. Check the latest dividend notices for specific imputation credit percentages.

Total Return Perspective

While dividend yield is important, total return (dividends plus capital appreciation) matters more over the long term. Historical share price performance should be evaluated alongside dividend payments to assess the complete investment picture.

Sector-Specific Risks

Consumer Cyclical sector companies face unique industry dynamics. Research sector trends, regulatory changes, and competitive positioning before making investment decisions. Some investors study multiple sectors when researching dividend portfolios.

Important Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Past dividend payments do not guarantee future payments. Share prices and dividends can fall as well as rise. Always conduct your own research or consult a licensed financial adviser before making investment decisions. Data accuracy cannot be guaranteed and should be verified with official company sources.

Frequently Asked Questions

What is Turners Automotive Group Limited's current dividend yield?

Turners Automotive Group Limited (TRA.NZ) currently has a dividend yield of 3.84% as of 22/05/2026. This is calculated by dividing the annual dividend per share ($0.420) by the current share price ($8.58).

When does Turners Automotive Group Limited pay dividends?

Based on historical data, Turners Automotive Group Limited typically pays dividends semi-annually. The most recent ex-dividend date was 13/04/2026with a payment of $0.1059 per share. The payment date was 29/04/2026. Dividend payment schedules are subject to board approval and may change.

Does Turners Automotive Group Limited offer imputation credits?

Turners Automotive Group Limited is a New Zealand company listed on the NZX. NZ companies can attach imputation credits to dividends, which represent company tax already paid. These credits may affect your tax position — consult a tax professional. Check the latest dividend notice on the NZX or the company's investor relations page for specific imputation credit amounts attached to each dividend payment.

How long has Turners Automotive Group Limited been paying dividends?

Our database shows Turners Automotive Group Limited has 24 consecutive years of dividend payments. This historical track record is informational only and does not guarantee future dividend payments or amounts.

Where can I find Turners Automotive Group Limited's official dividend announcements?

Official dividend announcements for Turners Automotive Group Limited are published on the NZX market announcements platform and typically on the company's investor relations website. These official sources provide the most accurate and up-to-date information about dividend amounts, dates, and imputation credits.

Key Dividend Considerations for Turners Automotive Group Limited

Investors researching dividend stocks often consider the following factors. Here's how the data currently looks for Turners Automotive Group Limited as of 22/05/2026:

Dividend Consistency

Turners Automotive Group Limited has made 24 consecutive years of dividend payments based on our records, with a total of 48 payments tracked.

Dividend Growth Pattern

Over the tracked period, Turners Automotive Group Limited's dividends have remained relatively stable:

0
Increases
0
Decreases
0
Unchanged

Based on comparison of consecutive dividend payments. Historical data does not predict future performance.

Yield Context

MetricValue
Current Yield3.84%
5-Year Average Yield3.84%
Consumer Cyclical Sector Average6.00%

Yields are calculated based on current market prices and historical dividend payments. Future yields may differ.

Financial Sustainability Indicators

  • Payout Ratio:79.0%
  • Some analysts view payout ratios under 80% as potentially more sustainable, but this is only one metric among many
  • Dividend Coverage:1.27x
  • Higher coverage ratios may suggest more room to maintain dividends, though this is not guaranteed

Educational Note: These metrics provide historical context for dividend investors. They represent past performance and current market data. Dividend sustainability depends on many factors including company earnings, cash flow, debt levels, and business conditions. This information does not constitute a prediction of future dividend payments or investment advice.

Related Consumer Cyclical Stocks

Compare dividend yields across Consumer Cyclical sector companies

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Investors interested in Consumer Cyclical dividend stocks often compare yields, payout ratios, and dividend growth across multiple companies. Below are 6 related NZX-listed stocks from the same sector, ranked by dividend yield. Past dividend history does not guarantee future payments. Compare yields, payout ratios, and fundamentals across companies.

My Food Bag Group Limited logo

MFB.NZ

My Food Bag Group Limited

Div. Yield

5.93%

Price

$0.27

Hallenstein Glasson Holdings Limited logo

HLG.NZ

Hallenstein Glasson Holdings Limited

Div. Yield

5.65%

Price

$10.18

2 Cheap Cars Group Limited logo

2CC.NZ

2 Cheap Cars Group Limited

Div. Yield

4.92%

Price

$0.61

The Colonial Motor Company Limited logo

CMO.NZ

The Colonial Motor Company Limited

Div. Yield

4.76%

Price

$7.37

Briscoe Group Limited logo

BGP.NZ

Briscoe Group Limited

Div. Yield

4.41%

Price

$4.49

Tourism Holdings Limited logo

THL.NZ

Tourism Holdings Limited

Div. Yield

3.41%

Price

$2.01

Important Disclosure

The information on this page is for educational and informational purposes only. It does not constitute financial advice, a recommendation, or an offer to buy or sell securities. Dividend payments are subject to board approval and may change without notice. Past performance does not guarantee future results. You should consult a licensed financial adviser before making investment decisions.