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Why Tourism Holdings Limited (NZSE:THL) Could Have A Place In Your Portfolio

Tourism Holdings Limited (NZSE:THL) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of THL, it is a highly-regarded dividend payer with a an impressive track record of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Tourism Holdings here.

Solid track record average dividend payer

THL delivered a bottom-line expansion of 37% in the prior year, with its most recent earnings level surpassing its average level over the last five years. The strong earnings growth is reflected in impressive double-digit 23% return to shareholders, which is an optimistic signal for the future.

NZSE:THL Income Statement, March 5th 2019
NZSE:THL Income Statement, March 5th 2019

THL’s high dividend payments make it one of the best dividend stocks on the market, and its profitability ensures that dividends are well-covered by its net income.

NZSE:THL Historical Dividend Yield, March 5th 2019
NZSE:THL Historical Dividend Yield, March 5th 2019

Next Steps:

For Tourism Holdings, there are three fundamental factors you should further examine:

  1. Future Outlook: What are well-informed industry analysts predicting for THL’s future growth? Take a look at our free research report of analyst consensus for THL’s outlook.

  2. Financial Health: Are THL’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of THL? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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