Thomson Reuters Dividends and Buybacks
Dividend criteria checks 4/6
Thomson Reuters is a dividend paying company with a current yield of 2.82% that is well covered by earnings.
Key information
2.8%
Dividend yield
4.6%
Buyback Yield
| Total Shareholder Yield | 7.4% |
| Future Dividend Yield | 3.0% |
| Dividend Growth | 4.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 66% |
Recent dividend and buyback updates
Recent updates
Narrative Update • Sep 08
TRI: Proprietary Legal AI Platform Will Drive Future Upside Potential
Analysts have modestly reduced their CA$ fair value estimate for Thomson Reuters to about CA$174 from roughly CA$179, while pointing to slightly higher projected revenue growth, a stable profit margin near 24% and a P/E assumption close to 27x as the key inputs behind this updated price target view. What's in the News for Thomson Reuters Thomson Reuters launched its first proprietary large language model, called Thomson.
Narrative Update • Aug 20
TRI: Fair Value View Will Weigh AI Push And Print Joint Venture
Analysts have lifted their fair value estimate for Thomson Reuters from roughly CA$133.16 to about CA$153.96, pointing to updated assumptions around the discount rate, revenue growth, profit margin, and a higher future P/E multiple. What’s in the News for Thomson Reuters Thomson Reuters reported Q2 2026 revenue of US$1.95b and adjusted earnings of US$0.99 per diluted share, ahead of analyst expectations of US$1.91b in revenue and US$0.96 in earnings.Analysis Article • Aug 10
Thomson Reuters Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
It's been a good week for Thomson Reuters Corporation ( TSE:TRI ) shareholders, because the company has just released...Narrative Update • Aug 06
TRI: AI Restructuring And Buybacks Will Drive Future Upside Potential
Analysts have increased their CA$ price target on Thomson Reuters by CA$5, reflecting updated views on slightly higher revenue growth, a marginally stronger profit margin, a small change in the discount rate, and a modest adjustment to the expected future P/E multiple. What’s in the News for Thomson Reuters Recent coverage highlights that Thomson Reuters stock, listed as TSX:TRI, may screen as undervalued on a P/E based framework after a 55.9% share price decline over the past year.Narrative Update • Jul 16
TRI: Fair Value View Will Weigh AI Refocus And Print Stake Sale
Analysts have trimmed their fair value estimate for Thomson Reuters to CA$133.16 from CA$191.52, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What’s in the News for Thomson Reuters Thomson Reuters agreed to sell a 51% stake in its Global Print business to KKR for about US$500 million, forming a joint venture in which Thomson Reuters keeps a 49% interest, intellectual property rights, and full editorial control, while aiming to focus more on software and AI driven products (source: recent news reports).
Narrative Update • Jul 02
TRI: Future AI Execution Will Drive Client Relationships And Revenue Potential
Analysts have reset their fair value estimate for Thomson Reuters to CA$200.95 from CA$281.38, reflecting revised assumptions around discount rates, revenue growth, profit margins, and a lower future P/E multiple. What’s in the News for Thomson Reuters Thomson Reuters published its 2026 Future of Professionals report, highlighting that ineffective AI implementation in legal, tax, audit and risk fields could put up to US$143b in U.S. client revenue at risk and prompt 24% of professionals to leave within two years if firms do not meet expectations on AI capabilities.Narrative Update • Jun 18
TRI: AI Data Platform And Capital Returns Will Support Future Upside
Analysts have nudged their fair value estimate for Thomson Reuters shares higher to CA$174.21 from CA$172.43, citing small model updates to the discount rate, revenue growth outlook, profit margin assumptions and future P/E expectations. What’s in the News for Thomson Reuters Thomson Reuters announced My Data Space, an AI driven enterprise data platform built on Snowflake that integrates over 37,500 managed tables from 350 data streams for more than 1,500 users, aiming to improve data infrastructure, governance, and access to regulated data (source: June 2, 2026 news report).Analysis Article • Jun 17
Thomson Reuters (TSX:TRI) Stock Could Be 43.7% Undervalued As AI Concerns Pressure Sentiment
Recent commentary around artificial intelligence has put Thomson Reuters (TSX:TRI) in the spotlight, with investors considering how AI tools could affect its legal research offerings such as Westlaw and the broader business services portfolio. See our latest analysis for Thomson Reuters. Short term sentiment around Thomson Reuters has been weak, with the stock down 13.26% on a 90 day share price return basis and its 1 year total shareholder return declining 56.52%. This signals fading...Narrative Update • Jun 03
TRI: Fiduciary Grade AI And Capital Returns Will Drive Future Upside
Analysts have adjusted their price target on Thomson Reuters to CA$172 from CA$179, reflecting updated views on its projected revenue growth and profit margins, as well as a lower assumed future P/E multiple. What's in the News Thomson Reuters outlined its standard for Fiduciary Grade AI for high stakes professional use, focused on authoritative content, privacy safeguards, and transparent, verifiable outputs.Narrative Update • Apr 23
TRI: Expanded AI Partnerships And Larger Buybacks Will Support Future Upside
Analysts trimmed their Thomson Reuters price target by about CA$7 to reflect a slightly higher discount rate and a modestly lower assumed future P/E multiple, while keeping revenue growth and profit margin expectations broadly unchanged. What's in the News Supio expanded its collaboration with Thomson Reuters, giving Supio users direct access to Westlaw Advantage within CoCounsel Legal to link case building with legal research in a single workflow, with further AI driven capabilities planned for plaintiff focused litigation teams.Narrative Update • Apr 08
TRI: Larger Buybacks And Higher Dividend Will Support Future Upside
Analysts have made a modest upward adjustment to their CA$ price target for Thomson Reuters, reflecting slightly higher fair value estimates alongside small tweaks to discount rate and forward P/E assumptions. What's in the News Thomson Reuters announced a partnership with Smokeball to link Smokeball's practice management tools and AI matter assistant with CoCounsel Legal, aiming to create an integrated legal tech workflow for joint U.S. customers, including a real-time data connector for bulk document syncing across platforms (Client Announcements).Narrative Update • Mar 25
TRI: Larger Buybacks And Higher Dividend Will Support Future Upside
Analysts have lifted their CA$ fair value estimate for Thomson Reuters by roughly CA$2 to CA$185.72, reflecting updated assumptions around the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Smokeball and Thomson Reuters announced a partnership to link Smokeball's practice management tools and AI matter assistant with Thomson Reuters CoCounsel Legal, with a real time data connector planned to sync legal documents across platforms and further integration phases underway (Client Announcements).Narrative Update • Mar 11
TRI: Expanded Buybacks And Higher Dividend Will Support Future Upside
Analysts have trimmed their fair value estimate for Thomson Reuters by CA$3.56 to CA$183.42, reflecting updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News Thomson Reuters expanded its equity buyback authorization on February 25, 2026 by an additional 6,000,000 shares for $600 million, bringing the total plan term authorization to 16,000,000 shares and $1.6 billion (Key Developments).Narrative Update • Feb 24
TRI: Trust In AI Alliance And Rising Dividend Will Support Future Upside
Analysts have slightly reduced their CA$ fair value estimate for Thomson Reuters to CA$186.98 from CA$193.00. This reflects a modestly lower assumed future P/E multiple while keeping revenue growth and profit margin expectations effectively unchanged.New Narrative • Feb 17
AI And Automation Catalysts Will Reshape Long Term Earnings Power
Catalysts About Thomson Reuters Thomson Reuters provides information, software and workflow tools for legal, tax, audit, risk and news professionals worldwide. What are the underlying business or industry changes driving this perspective?Narrative Update • Feb 10
TRI: Trust In AI Alliance And Dividend Streak Will Support Future Upside
Analysts have trimmed their price target on Thomson Reuters to about $193 from roughly $266, citing updated assumptions around discount rates, revenue growth, profit margins, and a lower future P/E multiple. What's in the News Thomson Reuters approved a 10% or $0.24 per share annualized change in its dividend, bringing the dividend to $2.62 per common share.Analysis Article • Feb 09
Thomson Reuters Corporation (TSE:TRI) Shares Slammed 33% But Getting In Cheap Might Be Difficult Regardless
Thomson Reuters Corporation ( TSE:TRI ) shareholders that were waiting for something to happen have been dealt a blow...New Narrative • Feb 03
AI Competition And Execution Risks Will Challenge Operations Yet Ultimately Support Long-Term Upside
Catalysts About Thomson Reuters Thomson Reuters provides information, software and tools for legal, tax, accounting, corporate and news professionals globally. What are the underlying business or industry changes driving this perspective?Narrative Update • Jan 26
TRI: Trust In AI Alliance And Buybacks Will Support Future Upside
Analysts have raised their price target on Thomson Reuters to US$46.22 from US$45.52, citing slightly refined assumptions around the discount rate, revenue growth, profit margins and future P/E expectations. What's in the News Thomson Reuters launched the Trust in AI Alliance through Thomson Reuters Labs, bringing together AI experts from industry and academia to work on trustworthy, agentic AI systems used in high stakes professional settings, with founding participants including Anthropic, AWS, Google Cloud, OpenAI and Thomson Reuters.Narrative Update • Jan 12
TRI: AI Audit Integrations And Buybacks Will Support Future Upside Potential
Analysts have raised their fair value estimate for Thomson Reuters by approximately US$3 to about US$266 per share, reflecting updated assumptions regarding the discount rate, revenue growth, profit margins and future P/E. What's in the News Crunchafi partnered with Thomson Reuters to bring its lease accounting capabilities into Guided Assurance within the Cloud Audit Suite, aiming to automate complex lease workflows and reduce manual calculations for audit and accounting professionals (Client Announcements).Narrative Update • Dec 19
TRI: AI Audit Partnerships Will Drive Future Earnings And Shareholder Returns
Narrative Update on Thomson Reuters Analysts have modestly reduced their price target on Thomson Reuters, trimming fair value by approximately 2 percent to about $263 per share. This reflects slightly lower long term valuation multiples and marginally softer assumptions for growth and profitability.Narrative Update • Dec 05
TRI: AI Audit Partnerships Will Drive Long Term Earnings Upside
Analysts have raised their price target on Thomson Reuters to reflect a modest improvement in long term earnings expectations, highlighting stable fair value estimates alongside slightly higher discount rate and future price to earnings assumptions. What's in the News Fieldguide partnered with Thomson Reuters to embed the Guided Assurance audit methodology into Fieldguide's agentic AI platform, enabling dynamic risk assessments, automated diagnostics, and continuously updated audit standards within a single workflow (Key Developments).Narrative Update • Nov 21
TRI: AI Partnerships And Share Repurchases Will Drive Outperformance Ahead
Analysts have slightly lowered their price target for Thomson Reuters from $270.03 to $267.74. They cite minor adjustments to expected growth rates and profitability metrics as the reason for this change.Analysis Article • Nov 07
Thomson Reuters Corporation Just Beat EPS By 33%: Here's What Analysts Think Will Happen Next
Shareholders might have noticed that Thomson Reuters Corporation ( TSE:TRI ) filed its quarterly result this time last...Narrative Update • Nov 06
TRI: AI Partnerships And Share Buybacks Will Drive Stronger Performance
Analysts have modestly reduced their price target for Thomson Reuters from $276.64 to $270.03. They cite slightly increased revenue growth and profit margins, balanced by a mildly lower fair value estimate.Narrative Update • Oct 17
Agentic AI Will Transform Legal And Accounting Workflows
Analysts have slightly reduced their price target for Thomson Reuters, adjusting it from $277.20 to $276.64 per share due to minor shifts in projected growth and profitability metrics. What's in the News Thomson Reuters announced a strategic partnership with Supio, integrating Supio's AI-powered CaseAware platform to enhance case preparation tools for personal injury law firms in the US.Analysis Article • Oct 12
These 4 Measures Indicate That Thomson Reuters (TSE:TRI) Is Using Debt Reasonably Well
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Narrative Update • Oct 03
Agentic AI Will Transform Legal And Accounting Workflows
Narrative Update: Thomson Reuters Analyst Price Target Revision Analysts have modestly increased their price target for Thomson Reuters, raising the fair value estimate by approximately $3 to $277. This adjustment is attributed to slight improvements in profit margins and revenue growth forecasts.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TRI's dividend payments have been volatile in the past 10 years.
Growing Dividend: TRI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Thomson Reuters Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TRI) | 2.8% |
| Market Bottom 25% (CA) | 1.5% |
| Market Top 25% (CA) | 5.7% |
| Industry Average (Professional Services) | 2.4% |
| Analyst forecast (TRI) (up to 3 years) | 3.0% |
Notable Dividend: TRI's dividend (2.82%) is higher than the bottom 25% of dividend payers in the Canadian market (1.5%).
High Dividend: TRI's dividend (2.82%) is low compared to the top 25% of dividend payers in the Canadian market (5.71%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.2%), TRI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.7%), TRI's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/18 17:09 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Thomson Reuters Corporation is covered by 29 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Marrone | Accountability Research Corporation |
| Manav Patnaik | Barclays |
| Robert Berg | Berenberg |