Transcontinental Dividends and Buybacks
Dividend criteria checks 5/6
Transcontinental is a dividend paying company with a current yield of 5.1% that is well covered by earnings. Next payment date is on 20th January, 2025 with an ex-dividend date of 6th January, 2025.
Key information
5.1%
Dividend yield
2.2%
Buyback Yield
| Total Shareholder Yield | 7.3% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | 5.8% |
| Next dividend pay date | 20 Jan 25 |
| Ex dividend date | 06 Jan 25 |
| Dividend per share | CA$0.900 |
| Payout ratio | 64% |
Recent dividend and buyback updates
Recent updates
Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225
Dec 15
Here's Why Transcontinental (TSE:TCL.A) Can Manage Its Debt Responsibly
Oct 01There May Be Reason For Hope In Transcontinental's (TSE:TCL.A) Disappointing Earnings
Jun 13Some Shareholders Feeling Restless Over Transcontinental Inc.'s (TSE:TCL.A) P/E Ratio
Jun 07At CA$11.10, Is Transcontinental Inc. (TSE:TCL.A) Worth Looking At Closely?
Nov 18Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.225
Sep 12Transcontinental (TSE:TCL.A) Has A Somewhat Strained Balance Sheet
Sep 08Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225
Jul 03Transcontinental's (TSE:TCL.A) Dividend Will Be CA$0.225
Jun 13Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.225
Mar 12Is Transcontinental (TSE:TCL.A) A Risky Investment?
Mar 09Transcontinental (TSE:TCL.A) Has Announced A Dividend Of CA$0.225
Dec 17Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225
Sep 19These 4 Measures Indicate That Transcontinental (TSE:TCL.A) Is Using Debt Extensively
Aug 13Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.23
Jun 11Is Transcontinental (TSE:TCL.A) A Risky Investment?
Apr 22At CA$20.83, Is Transcontinental Inc. (TSE:TCL.A) Worth Looking At Closely?
Jan 20Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.23
Dec 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCL.A's dividends per share have been stable in the past 10 years.
Growing Dividend: TCL.A's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Transcontinental Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCL.A) | 5.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Packaging) | 1.9% |
| Analyst forecast (TCL.A) (up to 3 years) | 5.8% |
Notable Dividend: TCL.A's dividend (5.1%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: TCL.A's dividend (5.1%) is low compared to the top 25% of dividend payers in the Canadian market (6.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.9%), TCL.A's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25.9%), TCL.A's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:40 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/10/27 |
| Annual Earnings | 2024/10/27 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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 here.
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 world class team 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 .
Analyst Sources
Transcontinental Inc. is covered by 12 analysts. 6 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 |
|---|---|
| Stephen MacLeod | BMO Capital Markets Equity Research |
| null null | BMO Capital Markets Equity Research |
| Matthew Griffiths | BofA Global Research |