Trican Well Service Ltd.

TSX:TCW Stock Report

Market Cap: CA$959.6m

Trican Well Service Dividend

Dividend criteria checks 3/6

Trican Well Service is a dividend paying company with a current yield of 3.79% that is well covered by earnings.

Key information

3.8%

Dividend yield

30%

Payout ratio

Industry average yield2.7%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCA$0.57
Dividend yield forecast in 3Y3.9%

Recent dividend updates

Trican Well Service's (TSE:TCW) Dividend Will Be CA$0.045

May 21
Trican Well Service's (TSE:TCW) Dividend Will Be CA$0.045

Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.045

Mar 01
Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.045

Recent updates

Returns on Capital Paint A Bright Future For Trican Well Service (TSE:TCW)

Jun 11
Returns on Capital Paint A Bright Future For Trican Well Service (TSE:TCW)

Trican Well Service's (TSE:TCW) Dividend Will Be CA$0.045

May 21
Trican Well Service's (TSE:TCW) Dividend Will Be CA$0.045

Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.045

Mar 01
Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.045

If EPS Growth Is Important To You, Trican Well Service (TSE:TCW) Presents An Opportunity

Feb 03
If EPS Growth Is Important To You, Trican Well Service (TSE:TCW) Presents An Opportunity

Shareholders Would Enjoy A Repeat Of Trican Well Service's (TSE:TCW) Recent Growth In Returns

Nov 10
Shareholders Would Enjoy A Repeat Of Trican Well Service's (TSE:TCW) Recent Growth In Returns

Trican Well Service Ltd. (TSE:TCW) Shares Could Be 49% Below Their Intrinsic Value Estimate

Sep 16
Trican Well Service Ltd. (TSE:TCW) Shares Could Be 49% Below Their Intrinsic Value Estimate

Trican Well Service (TSE:TCW) Is Achieving High Returns On Its Capital

Aug 04
Trican Well Service (TSE:TCW) Is Achieving High Returns On Its Capital

The Return Trends At Trican Well Service (TSE:TCW) Look Promising

Mar 19
The Return Trends At Trican Well Service (TSE:TCW) Look Promising

Trican Well Service Ltd. (TSE:TCW) Shares Could Be 30% Below Their Intrinsic Value Estimate

Dec 08
Trican Well Service Ltd. (TSE:TCW) Shares Could Be 30% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That Trican Well Service (TSE:TCW) Is Using Debt Reasonably Well

Sep 23
These 4 Measures Indicate That Trican Well Service (TSE:TCW) Is Using Debt Reasonably Well

Trican Well Service (TSE:TCW) Is Doing The Right Things To Multiply Its Share Price

Jul 10
Trican Well Service (TSE:TCW) Is Doing The Right Things To Multiply Its Share Price

We Think Trican Well Service (TSE:TCW) Can Stay On Top Of Its Debt

Jun 17
We Think Trican Well Service (TSE:TCW) Can Stay On Top Of Its Debt

Robust Earnings May Not Tell The Whole Story For Trican Well Service (TSE:TCW)

Mar 02
Robust Earnings May Not Tell The Whole Story For Trican Well Service (TSE:TCW)

When Will Trican Well Service Ltd. (TSE:TCW) Turn A Profit?

May 12
When Will Trican Well Service Ltd. (TSE:TCW) Turn A Profit?

Trican Well Service (TSE:TCW) Shareholders Have Enjoyed An Impressive 113% Share Price Gain

Mar 02
Trican Well Service (TSE:TCW) Shareholders Have Enjoyed An Impressive 113% Share Price Gain

A Look At The Fair Value Of Trican Well Service Ltd. (TSE:TCW)

Jan 01
A Look At The Fair Value Of Trican Well Service Ltd. (TSE:TCW)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: TCW's dividend payments have been volatile in the past 10 years.

Growing Dividend: TCW's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Trican Well Service Dividend Yield vs Market
How does TCW dividend yield compare to the market?
SegmentDividend Yield
Company (TCW)3.8%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.5%
Industry Average (Energy Services)2.7%
Analyst forecast in 3 Years (TCW)3.9%

Notable Dividend: TCW's dividend (3.79%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).

High Dividend: TCW's dividend (3.79%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.2%), TCW's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (31.9%), TCW's dividend payments are well covered by cash flows.


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