How much dividend does Thorn Group pay?
Over the past 12 months, Thorn Group paid a dividend of 2.13 AUD . This corresponds to a dividend yield of about 182.46 %. For the coming 12 months, Thorn Group is expected to pay a dividend of 2.13 AUD.
Thorn Group Dividend 2024
Thorn Group Dividend
2.13 AUD
Thorn Group Dividend yield
182.46 %
Ticker
TGA.AX
ISIN
AU000000TGA0
How much dividend does Thorn Group 2024 pay?
According to the latest status from September 2024, Thorn Group paid a total of 2.13 AUD per share in dividends within the last 12 months. With the current Thorn Group price of 1.17 AUD, this corresponds to a dividend yield of 182.46 %. A dividend is paid times per year.
| 182.46 % Dividend Yield | = |
|
Historical Thorn Group Dividends
A dividend is paid times per year. Last year, the payout months were and October.
| Paydate | Dividend |
|---|---|
| 10/5/2023 | 0.53 |
| 11/5/2022 | 0.12 |
| 9/24/2022 | 0.04 |
| 8/6/2022 | 0.01 |
| 2/24/2022 | 0.1 |
| 8/2/2021 | 0.01 |
| 11/16/2020 | 0.11 |
| 2/4/2018 | 0.01 |
| 8/3/2017 | 0.04 |
| 2/4/2017 | 0.08 |
| 7/30/2016 | 0.06 |
| 2/5/2016 | 0.08 |
| 7/30/2015 | 0.1 |
| 2/6/2015 | 0.07 |
| 7/17/2014 | 0.09 |
| 1/19/2014 | 0.06 |
| 7/11/2013 | 0.09 |
| 1/20/2013 | 0.06 |
| 7/8/2012 | 0.08 |
| 1/21/2012 | 0.06 |
1
2
Thorn Group dividend history and estimates AU000000TGA0 ·
In 2023, Thorn Group paid a dividend amounting to 2.13 AUD. Dividend means that Thorn Group distributes a portion of its profits to its owners.
3 years
5 years
10 years
25 Years
Max
Dividend
Dividend (Estimate)
Details
Dividend
ⓘDividend Overview
The dividend per year chart for Thorn Group provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.
Interpretation and Use
A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Thorn Group’s potential for long-term investment and income generation through dividends.
Investment Strategy
Incorporate the dividend data in evaluating Thorn Group's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.
Thorn Group Dividend History
| Date | Thorn Group Dividend |
|---|---|
| 2023 | 2.13 undefined |
| 2022 | 2.77 undefined |
| 2021 | 0.14 undefined |
| 2020 | 1.07 undefined |
| 2018 | 0.13 undefined |
| 2017 | 1.08 undefined |
| 2016 | 1.31 undefined |
| 2015 | 1.59 undefined |
| 2014 | 0.88 undefined |
| 2013 | 1.42 undefined |
| 2012 | 1.35 undefined |
| 2011 | 1.21 undefined |
| 2010 | 0.97 undefined |
| 2009 | 0.73 undefined |
| 2008 | 0.58 undefined |
| 2007 | 0.37 undefined |
| Dividend | Dividend (Estimate) | |
|---|---|---|
| 2004 | 0 AUD | 0 AUD |
| 2005 | 0 AUD | 0 AUD |
| 2006 | 0 AUD | 0 AUD |
| 2007 | 0.37 AUD | 0 AUD |
| 2008 | 0.58 AUD | 0 AUD |
| 2009 | 0.73 AUD | 0 AUD |
| 2010 | 0.97 AUD | 0 AUD |
| 2011 | 1.21 AUD | 0 AUD |
| 2012 | 1.35 AUD | 0 AUD |
| 2013 | 1.42 AUD | 0 AUD |
| 2014 | 0.88 AUD | 0 AUD |
| 2015 | 1.59 AUD | 0 AUD |
| 2016 | 1.31 AUD | 0 AUD |
| 2017 | 1.08 AUD | 0 AUD |
| 2018 | 0.13 AUD | 0 AUD |
| 2019 | 0 AUD | 0 AUD |
| 2020 | 1.07 AUD | 0 AUD |
| 2021 | 0.14 AUD | 0 AUD |
| 2022 | 2.77 AUD | 0 AUD |
| 2023 | 2.13 AUD | 0 AUD |
Is the Thorn Group Dividend Safe?
Thorn Group has been increasing the dividend for 2 years.
Over the past 10 years, Thorn Group has increased it by an annual 4.142 %.
Over a five-year period, the distribution increased by 73.576%.
Analysts expect a Dividend Cut of -100% for the current fiscal year.
Thorn Group dividend payout ratio AU000000TGA0 ·
In 2023, Thorn Group had a payout ratio of 162.94%. The payout ratio indicates the percentage of the company's profits that Thorn Group distributes as dividends.
3 years
5 years
10 years
25 Years
Max
Payout ratio
Details
Payout ratio
ⓘWhat is Yearly Payout Ratio?
The yearly payout ratio for Thorn Group represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.
How to Interpret the Data
A lower payout ratio for Thorn Group could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.
Using the Data for Investments
Evaluate Thorn Group's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.
Thorn Group Payout Ratio History
| Date | Thorn Group Payout ratio |
|---|---|
| 2023 | 162.94 % |
| 2022 | 291.73 % |
| 2021 | 57.14 % |
| 2020 | -31.8 % |
| 2019 | 139.96 % |
| 2018 | -103.78 % |
| 2017 | 71.01 % |
| 2016 | 1,107.26 % |
| 2015 | 825.39 % |
| 2014 | 487.19 % |
| 2013 | 787 % |
| 2012 | 749.52 % |
| 2011 | 754.68 % |
| 2010 | 695.18 % |
| 2009 | 810.3 % |
| 2008 | 726.61 % |
| 2007 | 333.31 % |
| 2006 | 139.96 % |
| 2005 | 139.96 % |
| 2004 | 139.96 % |
| Payout ratio | |
|---|---|
| 2004 | 139.96 % |
| 2005 | 139.96 % |
| 2006 | 139.96 % |
| 2007 | 333.31 % |
| 2008 | 726.61 % |
| 2009 | 810.3 % |
| 2010 | 695.18 % |
| 2011 | 754.68 % |
| 2012 | 749.52 % |
| 2013 | 787 % |
| 2014 | 487.19 % |
| 2015 | 825.39 % |
| 2016 | 1,107.26 % |
| 2017 | 71.01 % |
| 2018 | -103.78 % |
| 2019 | 139.96 % |
| 2020 | -31.8 % |
| 2021 | 57.14 % |
| 2022 | 291.73 % |
| 2023 | 162.94 % |
Dividend Details
Understanding Thorn Group's Dividend Distributions
Thorn Group’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.
Year-to-Year Comparison
Examining Thorn Group's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.
Impact on Investments
Thorn Group's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.
Interpreting Dividend Fluctuations
Changes in Thorn Group’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.
Thorn Group Aktienanalyse
What does Thorn Group do?
Thorn Group Ltd is an Australian company that was founded in 1937. Since then, it has become one of the leading providers of financial and rental services in Australia. The company's origins lie in the sale of small appliances such as radios and televisions, sold to customers on installment plans. Over time, Thorn also expanded into other areas such as furniture and appliance rentals. Today, Thorn Rentals and its associated brand name Radio Rentals are just part of Thorn's wide range of services. The company also operates Thorn Finance, Thorn Trade and Asset Finance, and National Credit Management Ltd. Thorn's business model primarily involves offering financial and rental services to customers in Australia and New Zealand. These services range from financing consumer goods to renting furniture and household appliances. In its rental business, Thorn offers a wide range of furniture and appliances that customers can rent on a long-term basis. This rental business allows customers to use or own products that they otherwise could not afford. In the field of financial services, Thorn offers various credit options. For example, customers can purchase electronic devices on installment plans or apply for a loan to finance a car. In addition, the company also offers trade finance and leasing services that allow customers to conduct their businesses in a legally secure manner. One important division of Thorn is the Asset Finance sector. Here, the company provides tailored commercial leasing solutions to meet its customers' needs. This division specifically targets small to medium-sized businesses and the agriculture sector. Thorn is headquartered in Sydney, Australia, and has been listed on the Australian stock exchange since 2006. The company employs approximately 1,000 people and operates more than 70 branches in Australia and New Zealand. The products offered by Thorn include household appliances such as refrigerators, washing machines, and dryers, as well as entertainment electronics such as televisions, hi-fi systems, and computers. In addition, Thorn also offers furniture, including beds, sofas, and dining room furniture. In the automotive sector, Thorn offers a wide range of financing solutions, including car loans and leasing options. Additionally, the company also provides warranties and insurance policies that offer customers a high level of protection. Overall, Thorn Group Ltd has established itself as one of the leading companies in Australia and New Zealand in the finance and rental sectors. With a wide range of services and a strong focus on meeting the needs of its customers, the company will remain an important player in the Australian market in the future. Thorn Group is one of the most popular companies on Eulerpool.com.Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Frequently Asked Questions about Thorn Group stock
What is the dividend yield of Thorn Group?
The current dividend yield of Thorn Group is 182.46 %.
When does Thorn Group pay dividends?
Thorn Group pays a quarterly dividend. This is distributed in the months of August, September, November, October.
How secure is the dividend of Thorn Group?
Thorn Group paid dividends every year for the past 4 years.
What is the dividend of Thorn Group?
For the upcoming 12 months, dividends amounting to 2.13 AUD are expected. This corresponds to a dividend yield of 182.46 %.
In which sector is Thorn Group located?
Thorn Group is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Thorn Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Thorn Group from 9/13/2023 amounting to 0.531 AUD, you needed to have the stock in your portfolio before the ex-date on 9/5/2023.
When did Thorn Group pay the last dividend?
The last dividend was paid out on 9/13/2023.
What was the dividend of Thorn Group in the year 2023?
In the year 2023, Thorn Group distributed 2.771 AUD as dividends.
In which currency does Thorn Group pay out the dividend?
The dividends of Thorn Group are distributed in AUD.
Andere Kennzahlen von Thorn Group
Our stock analysis for Thorn Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Thorn Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.