Transcontinental Dividends
| TCL-B Stock | CAD 18.00 0.26 1.47% |
At this time, Transcontinental's Dividend Yield is comparatively stable compared to the past year. Dividend Payout Ratio is likely to gain to 0.67 in 2024, whereas Dividends Paid is likely to drop slightly above 42.7 M in 2024. Transcontinental's past performance could be the main factor of why investors trade Transcontinental stock today. Investors should clearly understand every aspect of the Transcontinental dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Transcontinental's dividend schedule and payout information. Transcontinental dividends can also provide a clue to the current valuation of Transcontinental.
Number Of Dividends | Years Issued 33 | Previous Year 4 Times | Current Year 4 Times | Year Average 3.88 | Volatility 0.74 |
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 77.4 M | 42.7 M | |
| Dividend Yield | 0.05 | 0.05 | |
| Dividend Payout Ratio | 0.64 | 0.67 | |
| Dividend Paid And Capex Coverage Ratio | 2.08 | 2.49 |
Transcontinental |
Investing in stocks that pay dividends is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in Transcontinental must own a stock before its ex-dividend date to receive its next dividend.
Transcontinental Expected Dividend Income Per Share
Dividend payment represents part of Transcontinental's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Transcontinental. Transcontinental's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$0.29 Bottom Scenario | C$0.3 | $0.31 Top Scenario |
One Year
Transcontinental expected dividend income per share adjusted for ongoing price standard deviation