Transcontinental Dividend

Dividend criteria checks 5/6

Transcontinental is a dividend paying company with a current yield of 5.81% that is well covered by earnings.

Key information

5.8%

Dividend yield

84%

Payout ratio

Industry average yield1.9%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCA$1.07
Dividend yield forecast in 3Y6.1%

Recent dividend updates

Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.225

Sep 12
Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.225

Recent updates

There May Be Reason For Hope In Transcontinental's (TSE:TCL.A) Disappointing Earnings

Jun 13
There May Be Reason For Hope In Transcontinental's (TSE:TCL.A) Disappointing Earnings

Some Shareholders Feeling Restless Over Transcontinental Inc.'s (TSE:TCL.A) P/E Ratio

Jun 07
Some Shareholders Feeling Restless Over Transcontinental Inc.'s (TSE:TCL.A) P/E Ratio

At CA$11.10, Is Transcontinental Inc. (TSE:TCL.A) Worth Looking At Closely?

Nov 18
At CA$11.10, Is Transcontinental Inc. (TSE:TCL.A) Worth Looking At Closely?

Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.225

Sep 12
Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.225

Transcontinental (TSE:TCL.A) Has A Somewhat Strained Balance Sheet

Sep 08
Transcontinental (TSE:TCL.A) Has A Somewhat Strained Balance Sheet

Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225

Jul 03
Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225

Transcontinental's (TSE:TCL.A) Dividend Will Be CA$0.225

Jun 13
Transcontinental's (TSE:TCL.A) Dividend Will Be CA$0.225

Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.225

Mar 12
Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.225

Is Transcontinental (TSE:TCL.A) A Risky Investment?

Mar 09
Is Transcontinental (TSE:TCL.A) A Risky Investment?

Transcontinental (TSE:TCL.A) Has Announced A Dividend Of CA$0.225

Dec 17
Transcontinental (TSE:TCL.A) Has Announced A Dividend Of CA$0.225

Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225

Sep 19
Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.225

These 4 Measures Indicate That Transcontinental (TSE:TCL.A) Is Using Debt Extensively

Aug 13
These 4 Measures Indicate That Transcontinental (TSE:TCL.A) Is Using Debt Extensively

Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.23

Jun 11
Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.23

Is Transcontinental (TSE:TCL.A) A Risky Investment?

Apr 22
Is Transcontinental (TSE:TCL.A) A Risky Investment?

At CA$20.83, Is Transcontinental Inc. (TSE:TCL.A) Worth Looking At Closely?

Jan 20
At CA$20.83, Is Transcontinental Inc. (TSE:TCL.A) Worth Looking At Closely?

Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.23

Dec 27
Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.23

Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.23

Dec 13
Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.23

Does Transcontinental (TSE:TCL.A) Have A Healthy Balance Sheet?

Dec 10
Does Transcontinental (TSE:TCL.A) Have A Healthy Balance Sheet?

Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.23

Sep 29
Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.23

Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.23

Sep 15
Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.23

Here's Why Transcontinental (TSE:TCL.A) Can Manage Its Debt Responsibly

Sep 10
Here's Why Transcontinental (TSE:TCL.A) Can Manage Its Debt Responsibly

Transcontinental (TSE:TCL.A) Has Announced A Dividend Of CA$0.23

Jun 12
Transcontinental (TSE:TCL.A) Has Announced A Dividend Of CA$0.23

Transcontinental Inc. Just Beat EPS By 33%: Here's What Analysts Think Will Happen Next

Jun 11
Transcontinental Inc. Just Beat EPS By 33%: Here's What Analysts Think Will Happen Next

Is There Now An Opportunity In Transcontinental Inc. (TSE:TCL.A)?

Jun 01
Is There Now An Opportunity In Transcontinental Inc. (TSE:TCL.A)?

Transcontinental (TSE:TCL.A) Has A Pretty Healthy Balance Sheet

Apr 13
Transcontinental (TSE:TCL.A) Has A Pretty Healthy Balance Sheet

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
How does TCL.A dividend yield compare to the market?
SegmentDividend Yield
Company (TCL.A)5.8%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.5%
Industry Average (Packaging)1.9%
Analyst forecast in 3 Years (TCL.A)6.1%

Notable Dividend: TCL.A's dividend (5.81%) is higher than the bottom 25% of dividend payers in the Canadian market (1.77%).

High Dividend: TCL.A's dividend (5.81%) is low compared to the top 25% of dividend payers in the Canadian market (6.54%).


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (84.4%), TCL.A's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.4%), TCL.A's dividend payments are well covered by cash flows.


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