Transcontinental (TCL-A.TO) Dividends
Market Cap: $1.53B
Avg Volume: 355.48K
Industry: Specialty Business Services
Sector: Industrials
Dividend Overview
Transcontinental (TCL-A.TO) pays a quarterly dividend to its shareholders. The current dividend yield is 11.05%, which means that for every $100 invested at the current price, investors would receive approximately $11.05 in dividends per year (this can change based on future dividend payments and price movements).
About TCL-A.TO's Dividend
Transcontinental pays a quarterly dividend of $0.48 per share, which totals $1.90 annually. This means that for each share you own, you'll receive $1.90 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was April 03, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Transcontinental's payout ratio is 0.64% which means that 0.64% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Transcontinental's dividend has grown by 0.01% over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings.
TCL-A.TO Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $1.225 | 11.05% | April 03, 2025 | April 03, 2025 | April 23, 2025 | |
| $0.225 | 4.95% | January 06, 2025 | January 06, 2025 | January 20, 2025 | |
| $0.225 | 5.14% | October 03, 2024 | October 03, 2024 | October 21, 2024 | |
| $0.225 | 5.91% | June 27, 2024 | June 27, 2024 | July 22, 2024 | |
| $0.225 | 4.77% | April 02, 2024 | April 03, 2024 | April 22, 2024 | |
| $0.225 | 6.57% | January 05, 2024 | January 08, 2024 | January 22, 2024 | |
| $0.225 | 7.89% | September 29, 2023 | October 03, 2023 | October 23, 2023 | |
| $0.225 | 6.29% | July 04, 2023 | July 05, 2023 | July 24, 2023 | |
| $0.225 | 6.74% | March 29, 2023 | March 30, 2023 | April 17, 2023 | |
| $0.225 | 5.87% | January 06, 2023 | January 09, 2023 | January 23, 2023 | |
| $0.225 | 5.78% | September 29, 2022 | October 03, 2022 | October 24, 2022 | |
| $0.225 | 6.00% | July 04, 2022 | July 05, 2022 | July 25, 2022 | |
| $0.225 | 5.12% | March 25, 2022 | March 28, 2022 | April 11, 2022 | |
| $0.225 | 4.48% | January 04, 2022 | January 05, 2022 | January 18, 2022 | |
| $0.225 | 4.50% | October 01, 2021 | October 04, 2021 | October 19, 2021 | September 08, 2021 |
| $0.225 | 3.83% | July 05, 2021 | July 06, 2021 | July 20, 2021 | June 09, 2021 |
| $0.225 | 4.12% | March 19, 2021 | March 22, 2021 | April 06, 2021 | February 25, 2021 |
| $0.225 | 4.44% | January 04, 2021 | January 05, 2021 | January 19, 2021 | December 14, 2020 |
| $0.225 | 5.38% | October 01, 2020 | October 02, 2020 | October 19, 2020 | September 09, 2020 |
| $0.225 | 6.01% | July 02, 2020 | July 03, 2020 | July 22, 2020 | |
| $0.225 | 7.98% | March 20, 2020 | March 23, 2020 | April 07, 2020 | |
| $0.22 | 5.59% | January 03, 2020 | January 06, 2020 | January 22, 2020 | |
| $0.22 | 5.72% | September 27, 2019 | September 30, 2019 | October 16, 2019 | |
| $0.22 | 5.89% | June 28, 2019 | July 02, 2019 | July 17, 2019 | |
| $0.22 | 5.04% | March 22, 2019 | March 25, 2019 | April 10, 2019 | |
| $0.21 | 4.43% | January 03, 2019 | January 04, 2019 | January 22, 2019 | |
| $0.21 | 3.65% | September 27, 2018 | September 28, 2018 | October 16, 2018 | |
| $0.21 | 2.68% | June 27, 2018 | June 28, 2018 | July 11, 2018 | |
| $0.21 | 3.15% | March 23, 2018 | March 26, 2018 | April 11, 2018 | |
| $0.2 | 3.24% | January 03, 2018 | January 04, 2018 | January 23, 2018 | |
| $0.2 | 3.04% | September 29, 2017 | October 02, 2017 | October 18, 2017 | |
| $0.2 | 2.99% | June 28, 2017 | |||
| $0.2 | 3.07% | March 30, 2017 | |||
| $0.185 | 3.33% | December 30, 2016 | |||
| $0.185 | 4.06% | September 29, 2016 | |||
| $0.185 | 4.05% | June 30, 2016 | |||
| $0.185 | 3.38% | March 31, 2016 | |||
| $0.17 | 3.91% | December 30, 2015 | |||
| $0.17 | 3.52% | October 01, 2015 | |||
| $0.17 | 4.33% | July 02, 2015 | July 06, 2015 | July 22, 2015 | June 11, 2015 |
| $0.17 | 3.69% | April 08, 2015 | April 30, 2015 | April 30, 2015 | April 08, 2015 |
| $0.16 | 3.91% | December 30, 2014 | January 02, 2015 | January 22, 2015 | December 09, 2014 |
| $0.16 | 4.37% | October 02, 2014 | October 06, 2014 | October 24, 2014 | September 11, 2014 |
| $0.16 | 4.09% | June 26, 2014 | June 30, 2014 | July 17, 2014 | June 05, 2014 |
| $0.16 | 3.77% | April 02, 2014 | April 04, 2014 | April 24, 2014 | March 11, 2014 |
| $0.145 | 10.81% | December 31, 2013 | January 20, 2014 | January 20, 2014 | December 31, 2013 |
| $0.145 | 10.58% | October 03, 2013 | |||
| $0.145 | 12.98% | June 26, 2013 | |||
| $1.145 | 13.39% | April 03, 2013 | |||
| $0.145 | 5.16% | December 27, 2012 | |||
| $0.145 | 6.99% | September 27, 2012 | |||
| $0.145 | 6.09% | June 28, 2012 | |||
| $0.145 | 4.39% | April 03, 2012 | |||
| $0.135 | 4.06% | January 04, 2012 | |||
| $0.135 | 4.43% | September 29, 2011 | |||
| $0.135 | 3.08% | June 29, 2011 | |||
| $0.11 | 2.67% | March 31, 2011 | |||
| $0.11 | 2.31% | January 05, 2011 | |||
| $0.09 | 2.52% | September 29, 2010 | |||
| $0.09 | 2.58% | June 29, 2010 | |||
| $0.09 | 2.35% | April 08, 2010 | |||
| $0.08 | 2.40% | January 06, 2010 | |||
| $0.08 | 2.63% | October 01, 2009 | |||
| $0.08 | 3.69% | July 02, 2009 | |||
| $0.08 | 4.93% | April 02, 2009 | |||
| $0.08 | 3.22% | December 31, 2008 | |||
| $0.08 | 2.35% | October 02, 2008 | |||
| $0.08 | 1.95% | July 03, 2008 | |||
| $0.08 | 1.57% | April 03, 2008 | |||
| $0.07 | 1.76% | January 03, 2008 | |||
| $0.07 | 1.28% | October 03, 2007 | |||
| $0.07 | 1.26% | July 05, 2007 | |||
| $0.07 | 1.24% | April 04, 2007 | |||
| $0.065 | 1.25% | January 04, 2007 | |||
| $0.065 | 1.32% | October 04, 2006 | |||
| $0.065 | 1.19% | July 05, 2006 | |||
| $0.065 | 1.18% | April 06, 2006 | |||
| $0.055 | 1.10% | January 05, 2006 | |||
| $0.055 | 0.97% | October 05, 2005 | |||
| $0.055 | 0.79% | July 06, 2005 | |||
| $0.055 | 0.76% | April 07, 2005 | |||
| $0.045 | 0.79% | January 05, 2005 | |||
| $0.045 | 0.73% | October 06, 2004 | |||
| $0.045 | 0.60% | June 30, 2004 | |||
| $0.045 | 0.59% | April 06, 2004 | |||
| $0.035 | 0.58% | December 31, 2003 | |||
| $0.035 | 0.69% | October 02, 2003 | |||
| $0.035 | 0.73% | July 03, 2003 | |||
| $0.07 | 0.86% | March 28, 2003 | |||
| $0.07 | 0.68% | January 13, 2003 | |||
| $0.07 | 0.66% | October 09, 2002 | |||
| $0.07 | 0.62% | June 28, 2002 | |||
| $0.05 | 0.57% | April 03, 2002 | |||
| $0.05 | 0.76% | January 04, 2002 | |||
| $0.05 | 0.91% | October 03, 2001 | |||
| $0.05 | 0.86% | July 05, 2001 | |||
| $0.05 | 1.06% | April 04, 2001 | |||
| $0.05 | 1.15% | January 04, 2001 | |||
| $0.05 | 1.14% | October 04, 2000 | |||
| $0.05 | 1.07% | July 05, 2000 | |||
| $0.05 | 1.23% | April 05, 2000 | |||
| $0.05 | 1.12% | January 05, 2000 | |||
| $0.04 | 1.11% | October 05, 1999 | |||
| $0.08 | 1.17% | July 06, 1999 | |||
| $0.04 | 0.95% | July 05, 1999 | |||
| $0.04 | 0.96% | April 05, 1999 | |||
| $0.04 | 1.07% | January 05, 1999 | |||
| $0.04 | 1.67% | October 05, 1998 | |||
| $0.04 | 1.27% | July 03, 1998 | |||
| $0.04 | 1.13% | April 03, 1998 | |||
| $0.08 | 1.83% | January 05, 1998 | |||
| $0.03 | 1.50% | October 03, 1997 | |||
| $0.03 | 1.63% | July 03, 1997 | |||
| $0.03 | 1.48% | April 03, 1997 | |||
| $0.06 | 1.22% | January 13, 1997 | |||
| $0.03 | 0.60% | January 03, 1997 | |||
| $0.03 | 0.31% | October 03, 1996 | |||
| $0.03 | 0.27% | July 03, 1996 |
Dividend Growth
Transcontinental (TCL-A.TO) dividend payments have grown 0.77% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for TCL-A.TO
- Dividend Payout Ratio: 0.64% Low risk
- Dividend & Capex Coverage Ratio: 2.08x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: 0.01% Positive
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Transcontinental's payout ratio is 0.64% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 2.08x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Transcontinental can comfortably cover its dividends and necessary investments from its operating cash flow.
Transcontinental's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
Transcontinental's dividend growth rate of 0.01% is positive but modest, indicating steady but cautious dividend policies.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.