Trican Well Service Dividend
Dividend criteria checks 3/6
Trican Well Service is a dividend paying company with a current yield of 3.84% that is well covered by earnings. Next payment date is on 30th September, 2024 with an ex-dividend date of 13th September, 2024.
Key information
3.8%
Dividend yield
29%
Payout ratio
| Industry average yield | 2.4% |
| Next dividend pay date | 30 Sep 24 |
| Ex dividend date | 13 Sep 24 |
| Dividend per share | CA$0.180 |
| Earnings per share | CA$0.62 |
| Dividend yield forecast | 4.7% |
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 Increased To CA$0.045
Mar 01Recent updates
Calculating The Fair Value Of Trican Well Service Ltd. (TSE:TCW)
Sep 07Trican Well Service Ltd. Just Recorded A 85% EPS Beat: Here's What Analysts Are Forecasting Next
Aug 01Returns on Capital Paint A Bright Future For Trican Well Service (TSE:TCW)
Jun 11Trican Well Service's (TSE:TCW) Dividend Will Be CA$0.045
May 21Trican Well Service's (TSE:TCW) Dividend Will Be Increased To CA$0.045
Mar 01If EPS Growth Is Important To You, Trican Well Service (TSE:TCW) Presents An Opportunity
Feb 03Shareholders Would Enjoy A Repeat Of Trican Well Service's (TSE:TCW) Recent Growth In Returns
Nov 10Trican Well Service Ltd. (TSE:TCW) Shares Could Be 49% Below Their Intrinsic Value Estimate
Sep 16Trican Well Service (TSE:TCW) Is Achieving High Returns On Its Capital
Aug 04The Return Trends At Trican Well Service (TSE:TCW) Look Promising
Mar 19Trican Well Service Ltd. (TSE:TCW) Shares Could Be 30% Below Their Intrinsic Value Estimate
Dec 08These 4 Measures Indicate That Trican Well Service (TSE:TCW) Is Using Debt Reasonably Well
Sep 23Trican Well Service (TSE:TCW) Is Doing The Right Things To Multiply Its Share Price
Jul 10We Think Trican Well Service (TSE:TCW) Can Stay On Top Of Its Debt
Jun 17Robust Earnings May Not Tell The Whole Story For Trican Well Service (TSE:TCW)
Mar 02When Will Trican Well Service Ltd. (TSE:TCW) Turn A Profit?
May 12Trican Well Service (TSE:TCW) Shareholders Have Enjoyed An Impressive 113% Share Price Gain
Mar 02Upcoming Dividend Payment
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCW) | 3.8% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Energy Services) | 2.4% |
| Analyst forecast (TCW) (up to 3 years) | 4.7% |
Notable Dividend: TCW's dividend (3.84%) is higher than the bottom 25% of dividend payers in the Canadian market (1.79%).
High Dividend: TCW's dividend (3.84%) is low compared to the top 25% of dividend payers in the Canadian market (6.09%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (28.9%), TCW's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.4%), TCW's dividend payments are well covered by cash flows.