Tricon Residential Dividend
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
56%
Payout ratio
| Industry average yield | 1.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | CA$0.39 |
| Dividend yield forecast in 3Y | 2.1% |
Recent dividend 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 07Here's Why I Think Tricon Residential (TSE:TCN) Is An Interesting Stock
Feb 28Stability 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) | 1.9% |
| Market Top 25% (CA) | 6.5% |
| Industry Average (Real Estate) | 1.3% |
| Analyst forecast in 3 Years (TCN) | 2.1% |
Notable Dividend: TCN's dividend (2.06%) is higher than the bottom 25% of dividend payers in the Canadian market (1.91%).
High Dividend: TCN's dividend (2.06%) is low compared to the top 25% of dividend payers in the Canadian market (6.5%).
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.