Tower Limited (ASX:TWR) Plans $0.14 Final Dividend

Tower Limited (ASX:TWR) announced a final dividend on Thursday, January 1st, MarketIndexAU Dividends reports. Shareholders of record on Wednesday, January 28th will be given a dividend of 0.144 per share on Wednesday, January 28th. This represents a yield of 816.0%. The ex-dividend date of this dividend is Tuesday, January 13th.

Tower Stock Performance

The firm has a market cap of $549.30 million, a price-to-earnings ratio of 15.30 and a beta of 0.34.

Tower Company Profile

Tower Limited provides general insurance products in New Zealand and the Pacific Islands. Its insurance products include car, house, contents, contract works and renovation cover, landlord, boat, business, travel, pet, renters, house and contents bundle, electric vehicle, motorbike and motorcycle, lifestyle block, caravan or trailer, motorhome, campervan and RV, and multi-policy discount insurance. Tower Limited was founded in 1869 and is headquartered in Auckland, New Zealand.