Tower Limited (ASX:TWR) Plans Final Dividend of $0.05

Tower Limited (ASX:TWR) declared a final dividend on Wednesday, January 1st,MarketIndexAU Dividends reports. Shareholders of record on Wednesday, January 29th will be paid a dividend of 0.05 per share on Wednesday, January 29th. This represents a yield of 4.13%. The ex-dividend date is Tuesday, January 14th. This is a positive change from Tower’s previous final dividend of $0.03.

Tower Stock Performance

The company has a current ratio of 1.07, a quick ratio of 0.68 and a debt-to-equity ratio of 9.28.

About Tower

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.