True Corporation Dividends and Buybacks
Dividend criteria checks 1/6
True is a dividend paying company with a current yield of 0.95%.
Key information
0.9%
Dividend yield
0%
Buyback Yield
| Total Shareholder Yield | 0.9% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | 16.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.00353 |
| Payout ratio | n/a |
Recent dividend and buyback 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 9 years.
Dividend Yield vs Market
| True Corporation Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TCPF.F) | 0.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Telecom) | 5.7% |
| Analyst forecast (TCPF.F) (up to 3 years) | 2.0% |
Notable Dividend: TCPF.F's dividend (0.95%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: TCPF.F's dividend (0.95%) is low compared to the top 25% of dividend payers in the US market (4.3%).
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 (10.7%), TCPF.F's dividend payments are thoroughly covered by cash flows.