Timbercreek Financial Dividend
Dividend criteria checks 4/6
Timbercreek Financial is a dividend paying company with a current yield of 9.04% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 29th April, 2024.
Key information
9.0%
Dividend yield
87%
Payout ratio
| Industry average yield | 3.3% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 29 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | CA$0.80 |
| Dividend yield forecast in 3Y | 9.1% |
Recent dividend updates
Timbercreek Financial (TSE:TF) Is Paying Out A Dividend Of CA$0.0575
Apr 27
Timbercreek Financial (TSE:TF) Will Pay A Dividend Of CA$0.0575
Mar 25Timbercreek Financial (TSE:TF) Has Announced A Dividend Of CA$0.0575
Jan 27Recent updates
Timbercreek Financial (TSE:TF) Is Paying Out A Dividend Of CA$0.0575
Apr 27Timbercreek Financial (TSE:TF) Will Pay A Dividend Of CA$0.0575
Mar 25Timbercreek Financial (TSE:TF) Has Announced A Dividend Of CA$0.0575
Jan 27Timbercreek Financial (TSE:TF) Is Paying Out A Dividend Of CA$0.0575
Aug 28Timbercreek Financial (TSE:TF) Has Affirmed Its Dividend Of CA$0.0575
Jul 25Timbercreek Financial (TSE:TF) Is Paying Out A Dividend Of CA$0.0575
Jun 27Timbercreek Financial (TSE:TF) Will Pay A Dividend Of CA$0.0575
Apr 25Timbercreek Financial (TSE:TF) Has Affirmed Its Dividend Of CA$0.0575
Feb 24Timbercreek Financial's (TSE:TF) Dividend Will Be CA$0.0575
Oct 25Timbercreek Financial (TSE:TF) Is Paying Out A Dividend Of CA$0.0575
Aug 29Timbercreek Financial (TSE:TF) Has Announced A Dividend Of CA$0.0575
Jul 28Timbercreek Financial (TSE:TF) Has Re-Affirmed Its Dividend Of CA$0.058
Jun 28Timbercreek Financial (TSE:TF) Has Re-Affirmed Its Dividend Of CA$0.058
May 26Timbercreek Financial (TSE:TF) Has Re-Affirmed Its Dividend Of CA$0.058
Mar 29Timbercreek Financial (TSE:TF) Has Affirmed Its Dividend Of CA$0.058
Jan 27Timbercreek Financial (TSE:TF) Has Announced A Dividend Of CA$0.058
Nov 27Timbercreek Financial (TSE:TF) Has Affirmed Its Dividend Of CA$0.058
Aug 28Would Shareholders Who Purchased Timbercreek Financial's (TSE:TF) Stock Year Be Happy With The Share price Today?
Jan 14
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, TF has been paying a dividend for less than 10 years.
Growing Dividend: TF's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| Timbercreek Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TF) | 9.0% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Diversified Financial) | 3.3% |
| Analyst forecast in 3 Years (TF) | 9.1% |
Notable Dividend: TF's dividend (9.04%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: TF's dividend (9.04%) is in the top 25% of dividend payers in the Canadian market (6.5%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (86.8%), TF's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (63.5%), TF's dividend payments are covered by cash flows.