Taiga Building Products Ltd. operates as a wholesale distributor of building products in Canada and the United States. It offers composite decking products, railings, and accessories; engineered wood products; laminate and vinyl floorings; insulation products; dimension lumber products; moldings; panels, such as plywood, oriented strand boards, and particleboards; polyethylene sheeting products; and preserved wood products, including fencing, landscape timbers, plywoods, preserved wood foundation, and pre-stained products. The company also provides roofing materials; batt and foam insulation products; siding and trim products; and wall coverings and accessories. In addition, it produces pressure-treated wood products. The company distributes its building products through 15 distribution centers in Canada, 2 distribution centers in the United States to building products retailers, building supply yards, and industrial manufacturers. It also exports its products to Asia, Central America, South America, and the Middle East. The company was founded in 1973 and is headquartered in Burnaby, Canada. Taiga Building Products Ltd. operates as a subsidiary of Avarga Limited.
Taiga Building Products Dividend Announcement
• Taiga Building Products announced a annually dividend of C$0.23 per ordinary share which will be made payable on 2023-12-08. Ex dividend date: 2023-11-23
• Taiga Building Products annual dividend for 2023 was C$0.23
• Taiga Building Products's trailing twelve-month (TTM) dividend yield is 6.08%
• Taiga Building Products's payout ratio for the trailing twelve months (TTM) is 43.49%
Taiga Building Products Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-11-23 | C$0.23 | annually | 2023-12-08 |
2021-03-04 | C$0.28 | annually | 2021-03-19 |
2013-01-18 | C$0.03 | annually | 2013-01-29 |
2010-06-28 | C$0.09 | annually | 2010-07-15 |
2008-09-26 | C$0.01 | annually | 2008-10-15 |
2008-08-28 | C$0.01 | annually | 2008-09-15 |
2008-07-29 | C$0.01 | annually | 2008-08-15 |
2008-06-26 | C$0.01 | annually | 2008-07-15 |
2008-05-28 | C$0.01 | annually | 2008-06-16 |
2008-04-28 | C$0.01 | annually | 2008-05-15 |
2008-03-27 | C$0.01 | annually | 2008-04-15 |
2008-02-27 | C$0.01 | annually | 2008-03-17 |
2008-01-29 | C$0.01 | annually | 2008-02-15 |
2007-12-27 | C$0.01 | annually | 2008-01-15 |
2007-11-28 | C$0.01 | annually | 2007-12-17 |
2007-10-29 | C$0.02 | annually | 2007-11-15 |
2007-09-26 | C$0.02 | annually | 2007-10-15 |
2007-08-29 | C$0.02 | annually | 2007-09-17 |
2007-07-27 | C$0.02 | annually | 2007-08-15 |
2007-06-27 | C$0.02 | annually | 2007-07-16 |
2007-05-29 | C$0.02 | annually | 2007-06-15 |
2007-04-26 | C$0.02 | annually | 2007-05-15 |
2007-03-28 | C$0.02 | annually | 2007-04-16 |
2007-02-26 | C$0.02 | annually | 2007-03-15 |
2007-01-29 | C$0.02 | annually | 2007-02-15 |
2006-12-27 | C$0.02 | annually | 2007-01-15 |
2006-11-28 | C$0.02 | annually | 2006-12-15 |
2006-10-27 | C$0.02 | annually | 2006-11-15 |
2006-09-27 | C$0.02 | annually | 2006-10-16 |
2006-08-29 | C$0.02 | annually | 2006-09-15 |
2006-07-27 | C$0.02 | annually | 2006-08-15 |
2006-06-28 | C$0.02 | annually | 2006-07-17 |
2006-05-29 | C$0.02 | annually | 2006-06-15 |
Taiga Building Products Dividend per year
Taiga Building Products Dividend growth
Taiga Building Products Dividend Yield
Taiga Building Products current trailing twelve-month (TTM) dividend yield is 6.08%. Interested in purchasing Taiga Building Products stock? Use our calculator to estimate your expected dividend yield:
Taiga Building Products Financial Ratios
Taiga Building Products Dividend FAQ
Other factors to consider when evaluating Taiga Building Products as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Taiga Building Products stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Taiga Building Products's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Taiga Building Products publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Taiga Building Products distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Taiga Building Products are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Taiga Building Products sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Taiga Building Products distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Taiga Building Products declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Taiga Building Products's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Taiga Building Products's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.