True Corporation Dividend
Dividend criteria checks 1/6
True is a dividend paying company with a current yield of 1.06%.
Key information
1.1%
Dividend yield
n/a
Payout ratio
| Industry average yield | 5.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.00353 |
| Earnings per share | -US$0.53 |
| Dividend yield forecast | 1.7% |
Recent dividend updates
No updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TCPF.F has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: TCPF.F's dividend payments have increased, but the company has only paid a dividend for 8 years.
Dividend Yield vs Market
| True Corporation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCPF.F) | 1.1% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Telecom) | 5.6% |
| Analyst forecast (TCPF.F) (up to 3 years) | 1.7% |
Notable Dividend: TCPF.F's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: TCPF.F's dividend (1.06%) is low compared to the top 25% of dividend payers in the US market (4.37%).
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate TCPF.F's payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.2%), TCPF.F's dividend payments are thoroughly covered by cash flows.