TSX:TFIITransportation
Is TFI International’s (TSX:TFII) Dividend Hike a Quiet Signal About Its Cash Flow Durability?
In recent months, TFI International increased its quarterly dividend by 4.4% to C$0.47 per share and communicated confidence in its free cash flow, even as freight markets remain soft and analysts expect year-over-year declines in earnings and revenue for the upcoming quarter.
This combination of higher shareholder payouts and an argument that the market is misreading freight recession risks has sharpened investor focus on TFI International’s cash-generating business model.
We’ll now examine...