Transcontinental Dividends and Buybacks
Dividend criteria checks 6/6
Transcontinental is a dividend paying company with a current yield of 5.26% that is well covered by earnings.
Key information
5.3%
Dividend yield
1.2%
Buyback Yield
| Total Shareholder Yield | 6.5% |
| Future Dividend Yield | 5.8% |
| Dividend Growth | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.663 |
| Payout ratio | 68% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCLA.F's dividends per share have been stable in the past 10 years.
Growing Dividend: TCLA.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Transcontinental Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCLA.F) | 5.3% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Packaging) | 2.2% |
| Analyst forecast (TCLA.F) (up to 3 years) | 5.8% |
Notable Dividend: TCLA.F's dividend (5.26%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: TCLA.F's dividend (5.26%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.7%), TCLA.F's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (21.8%), TCLA.F's dividend payments are well covered by cash flows.