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Townsquare Media (Townsquare Media) Dividend Yield % : 6.21% (As of Apr. 28, 2024)


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What is Townsquare Media Dividend Yield %?

As of today (2024-04-28), the Trailing Annual Dividend Yield of Townsquare Media is 6.21%.

The historical rank and industry rank for Townsquare Media's Dividend Yield % or its related term are showing as below:

TSQ' s Dividend Yield % Range Over the Past 10 Years
Min: 0.68   Med: 4.16   Max: 7.59
Current: 6.21

During the past 12 years, the highest Dividend Yield of Townsquare Media was 7.59%. The lowest was 0.68%. And the median was 4.16%.

TSQ's Dividend Yield % is ranked better than
82.77% of 383 companies
in the Media - Diversified industry
Industry Median: 2.85 vs TSQ: 6.21

Townsquare Media's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.17.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Townsquare Media Inc is 1.07, which seems too high.

During the past 12 years, the highest Dividend Payout Ratio of Townsquare Media was 1.07. The lowest was 0.21. And the median was 0.31.

As of today (2024-04-28), the Forward Dividend Yield % of Townsquare Media is 6.45%.

Townsquare Media's Dividends per Share for the three months ended in Dec. 2023 was $0.19.

During the past 3 years, the average Dividends Per Share Growth Rate was 115.40% per year.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Townsquare Media was 115.40% per year. The lowest was 115.40% per year. And the median was 115.40% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Townsquare Media Dividend Yield % Historical Data

The historical data trend for Townsquare Media's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Townsquare Media Dividend Yield % Chart

Townsquare Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 2.25 - - 7.10

Townsquare Media Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.34 3.15 6.45 7.10

Competitive Comparison of Townsquare Media's Dividend Yield %

For the Advertising Agencies subindustry, Townsquare Media's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Townsquare Media's Dividend Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Townsquare Media's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Townsquare Media's Dividend Yield % falls into.



Townsquare Media Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Townsquare Media Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1982024-04-042024-04-052024-05-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1882023-12-292024-01-022024-02-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1882023-09-292023-10-022023-11-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.1882023-06-292023-06-302023-08-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Townsquare Media's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.762/12.24
=6.23 %

Current Share Price is $12.24.
Townsquare Media's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.762.

Townsquare Media's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.792/12.24
=6.47 %

Current Share Price is $12.24.
Townsquare Media's Dividends per Share for the forward twelve months is calculated as $0.198 * 4 = $0.792.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Townsquare Media  (NYSE:TSQ) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Townsquare Media Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Townsquare Media's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Townsquare Media (Townsquare Media) Business Description

Traded in Other Exchanges
Address
One Manhattanville Road, Suite 202, Purchase, New York, NY, USA, 10577
Townsquare Media Inc is a radio, digital media, entertainment, and digital marketing solutions company principally focused on being the premier local advertising and marketing solutions platform in small and mid-sized markets across the United States. It has three segments which are Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. It earns the majority of the revenue from the Broadcasting Advertising segment. Its portfolio includes local media brands such as WYRK.com, WJON.com, and NJ101.5.com, and premier national music brands such as XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com.
Executives
Erik Hellum officer: COO, Local Media C/O TOWNSQUARE MEDIA, INC., 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
Scott Schatz officer: EVP, Finance Op and Tech C/O TOWNSQUARE MEDIA, INC., 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
David Lebow director C/O TOWNSQUARE MEDIA, INC, 1 MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
Madison Square Garden Entertainment Corp. 10 percent owner TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gary D Way director C/O TOWNSQUARE MEDIA, INC., ONE MANHATTANVILLE ROAD, SUITE 202, PURCHASE NY 10577
David Quick director 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Fund Gp Iii, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Ocm Pof Iv Aif Gap Holdings, L.p. 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Atlas Ocm Holdings, Llc 10 percent owner C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investments, L.p. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Aif Investment Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Partners Ltd 10 percent owner 181 BAY STREET, BROOKFIELD PLACE, SUITE 300, TORONTO A6 M5J2T3
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3