Tree Island Steel Dividends and Buybacks
Dividend criteria checks 1/6
Tree Island Steel is a dividend paying company with a current yield of 3.95%. Next payment date is on 15th January, 2025 with an ex-dividend date of 31st December, 2024.
Key information
3.9%
Dividend yield
5.6%
Buyback Yield
| Total Shareholder Yield | 9.6% |
| Future Dividend Yield | n/a |
| Dividend Growth | 10.4% |
| Next dividend pay date | 15 Jan 25 |
| Ex dividend date | 31 Dec 24 |
| Dividend per share | CA$0.120 |
| Payout ratio | -128% |
Recent dividend and buyback updates
Tree Island Steel's (TSE:TSL) Dividend Will Be CA$0.03
Dec 17
Tree Island Steel (TSE:TSL) Has Announced A Dividend Of CA$0.03
Sep 20Recent updates
Tree Island Steel's (TSE:TSL) Dividend Will Be CA$0.03
Dec 17Tree Island Steel (TSE:TSL) Has Announced A Dividend Of CA$0.03
Sep 20Tree Island Steel's (TSE:TSL) Soft Earnings Don't Show The Whole Picture
Mar 22Calculating The Intrinsic Value Of Tree Island Steel Ltd. (TSE:TSL)
Jul 31Tree Island Steel (TSE:TSL) Is Paying Out A Dividend Of CA$0.05
Jun 20Investors Should Be Encouraged By Tree Island Steel's (TSE:TSL) Returns On Capital
May 10If You Like EPS Growth Then Check Out Tree Island Steel (TSE:TSL) Before It's Too Late
Mar 04We Think That There Are Issues Underlying Tree Island Steel's (TSE:TSL) Earnings
Nov 17We Think Tree Island Steel (TSE:TSL) Can Stay On Top Of Its Debt
Sep 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TSL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TSL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Tree Island Steel Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TSL) | 3.9% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Metals and Mining) | 1.9% |
| Analyst forecast (TSL) (up to 3 years) | n/a |
Notable Dividend: TSL's dividend (3.95%) is higher than the bottom 25% of dividend payers in the Canadian market (1.79%).
High Dividend: TSL's dividend (3.95%) is low compared to the top 25% of dividend payers in the Canadian market (6.37%).
Earnings Payout to Shareholders
Earnings Coverage: TSL is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: TSL is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 06:58 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Management | 10 years |
| |
| 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
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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
Tree Island Steel Ltd. is covered by 4 analysts. 0 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 |
|---|---|
| Yuri Lynk | Canaccord Genuity |
| Margaret MacDougall | Cormark Securities Inc. |
| David Quezada | Raymond James Ltd. |