Transcontinental Dividend
Dividend criteria checks 6/6
Transcontinental is a dividend paying company with a current yield of 6.53% that is well covered by earnings.
Key information
6.5%
Dividend yield
79%
Payout ratio
Industry average yield | 2.3% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$1.14 |
Dividend yield forecast in 3Y | 6.9% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCLC.F's dividends per share have been stable in the past 10 years.
Growing Dividend: TCLC.F's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Transcontinental Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (TCLC.F) | 6.5% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.7% |
Industry Average (Packaging) | 2.3% |
Analyst forecast in 3 Years (TCLC.F) | 6.9% |
Notable Dividend: TCLC.F's dividend (6.53%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: TCLC.F's dividend (6.53%) is in the top 25% of dividend payers in the US market (4.8%)
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (79%), TCLC.F's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (22%), TCLC.F's dividend payments are well covered by cash flows.