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Turners Lifts Q3 Dividend and Extends Discounted DRP to Shareholders

Story Highlights
  • Turners Automotive Group raised its Q3 FY26 dividend to 9 cents per share, up from 7 cents last year, payable on 29 April 2026.
  • The company is maintaining a discounted dividend reinvestment plan, issuing new shares at a 2% markdown to strengthen equity and reward investors.
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Turners Lifts Q3 Dividend and Extends Discounted DRP to Shareholders

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Turners Automotive Group Ltd ( (AU:TRA) ) has provided an update.

Turners Automotive Group has declared a fully imputed third-quarter FY26 dividend of 9 cents per share, up from 7 cents in the prior year, with payment due on 29 April 2026 to shareholders on the register as at 15 April. The move signals continued confidence in earnings and capital management, underpinned by retained earnings, and is supported by an active dividend reinvestment plan that issues new shares at a 2% discount, offering investors a cost-effective way to increase their holdings and reinforcing the company’s equity base.

More about Turners Automotive Group Ltd

Turners Automotive Group Limited is a New Zealand-based integrated financial services group primarily operating in the automotive sector. Listed on both the NZX and ASX and a member of the NZX Top 50, the company’s activities span vehicle-related services and financing across the local market.

Find detailed analytics on TRA stock on TipRanks’ Stock Analysis page.

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