About the company Tower Limited (TWR) provides a comprehensive range of risk insurance and wealth management products and services to customers throughout New Zealand and the Pacific Islands. Products and services include life and general insurance, superannuation, retail managed funds and master trusts.
Insurance Market Cap $385 Million
Shareholders Buying Date Shareholder Previous % New % Shares Traded 28-04-09 Orbis Group 5.02% 6.33% 2,628,272 02-10-09 Orbis Group 6.33% 7.68% 7,328,827
Shareholders Selling Date Shareholder Previous % New % Shares Traded No Shareholder Activity
P/E Ratio - 7.69
See todays announcement "TOWER Dividend"
“TOWER advises that a final dividend of 9 cents per share will be paid on 2 February 2010 (Payment Date) to all shareholders as at 5pm on Friday, 15 January 2010 (Record Date).
Dividend Yield of 5.96%, pretty good for a $1.5 stock.
DYOR
TWR Price at posting:
$1.51 Sentiment: Buy Disclosure: Held
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