Transcontinental Dividends and Buybacks
Dividend criteria checks 5/6
Transcontinental is a dividend paying company with a current yield of 5.29% that is well covered by earnings.
Key information
5.3%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.900 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Recent updates
Here's Why Transcontinental (TSE:TCL.A) Can Manage Its Debt Responsibly
Oct 01
There 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 27Transcontinental (TSE:TCL.A) Will Pay A Dividend Of CA$0.23
Dec 13Does Transcontinental (TSE:TCL.A) Have A Healthy Balance Sheet?
Dec 10Transcontinental (TSE:TCL.A) Is Due To Pay A Dividend Of CA$0.23
Sep 29Transcontinental (TSE:TCL.A) Has Affirmed Its Dividend Of CA$0.23
Sep 15Here's Why Transcontinental (TSE:TCL.A) Can Manage Its Debt Responsibly
Sep 10Stability 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) | 5.3% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Packaging) | 1.8% |
| Analyst forecast (TCL.A) (up to 3 years) | 5.9% |
Notable Dividend: TCL.A's dividend (5.29%) is higher than the bottom 25% of dividend payers in the Canadian market (1.78%).
High Dividend: TCL.A's dividend (5.29%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.7%), TCL.A's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.8%), TCL.A's dividend payments are well covered by cash flows.