Tricon Residential Dividends and Buybacks
Dividend criteria checks 4/6
Tricon Residential is a dividend paying company with a current yield of 2.06% that is well covered by earnings.
Key information
2.1%
Dividend yield
-14.6%
Buyback Yield
| Total Shareholder Yield | -12.6% |
| Future Dividend Yield | 2.1% |
| Dividend Growth | -2.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | CA$0.232 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Tricon Residential (TSE:TCN) Takes On Some Risk With Its Use Of Debt
Jan 13
When Should You Buy Tricon Residential Inc. (TSE:TCN)?
Dec 14Is Tricon Residential (TSE:TCN) A Risky Investment?
Oct 10Is Now The Time To Look At Buying Tricon Residential Inc. (TSE:TCN)?
Aug 31Tricon Residential Inc. (TSE:TCN) Shares Could Be 22% Below Their Intrinsic Value Estimate
Jul 25Is Tricon Residential (TSE:TCN) A Risky Investment?
Jun 04Is It Too Late To Consider Buying Tricon Residential Inc. (TSE:TCN)?
Apr 06With EPS Growth And More, Tricon Residential (TSE:TCN) Makes An Interesting Case
Mar 07At CA$13.75, Is Tricon Residential Inc. (TSE:TCN) Worth Looking At Closely?
Jul 25I Ran A Stock Scan For Earnings Growth And Tricon Residential (TSE:TCN) Passed With Ease
Jun 11Are Investors Undervaluing Tricon Residential Inc. (TSE:TCN) By 22%?
May 30Is Tricon Residential (TSE:TCN) Using Too Much Debt?
May 18Is Now An Opportune Moment To Examine Tricon Residential Inc. (TSE:TCN)?
Apr 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCN's dividend payments have been volatile in the past 10 years.
Growing Dividend: TCN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Tricon Residential Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCN) | 2.1% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Real Estate) | 1.0% |
| Analyst forecast (TCN) (up to 3 years) | 2.1% |
Notable Dividend: TCN's dividend (2.06%) is higher than the bottom 25% of dividend payers in the Canadian market (1.94%).
High Dividend: TCN's dividend (2.06%) is low compared to the top 25% of dividend payers in the Canadian market (6.56%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.6%), TCN's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (75%), TCN's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/05/01 03:48 |
| End of Day Share Price | 2024/05/01 00:00 |
| Earnings | 2023/12/31 |
| 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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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
Tricon Residential Inc. is covered by 18 analysts. 2 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 |
|---|---|
| Wojtek Nowak | ATB Capital Markets |
| Stephen MacLeod | BMO Capital Markets Equity Research |
| Mark Rothschild | Canaccord Genuity |