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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 6.09%
Taiga Building Products's payout ratio for the trailing twelve months (TTM) is 43.49%

Taiga Building Products Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-11-23C$0.23annually2023-12-08
2021-03-04C$0.28annually2021-03-19
2013-01-18C$0.03annually2013-01-29
2010-06-28C$0.09annually2010-07-15
2008-09-26C$0.01annually2008-10-15
2008-08-28C$0.01annually2008-09-15
2008-07-29C$0.01annually2008-08-15
2008-06-26C$0.01annually2008-07-15
2008-05-28C$0.01annually2008-06-16
2008-04-28C$0.01annually2008-05-15
2008-03-27C$0.01annually2008-04-15
2008-02-27C$0.01annually2008-03-17
2008-01-29C$0.01annually2008-02-15
2007-12-27C$0.01annually2008-01-15
2007-11-28C$0.01annually2007-12-17
2007-10-29C$0.02annually2007-11-15
2007-09-26C$0.02annually2007-10-15
2007-08-29C$0.02annually2007-09-17
2007-07-27C$0.02annually2007-08-15
2007-06-27C$0.02annually2007-07-16
2007-05-29C$0.02annually2007-06-15
2007-04-26C$0.02annually2007-05-15
2007-03-28C$0.02annually2007-04-16
2007-02-26C$0.02annually2007-03-15
2007-01-29C$0.02annually2007-02-15
2006-12-27C$0.02annually2007-01-15
2006-11-28C$0.02annually2006-12-15
2006-10-27C$0.02annually2006-11-15
2006-09-27C$0.02annually2006-10-16
2006-08-29C$0.02annually2006-09-15
2006-07-27C$0.02annually2006-08-15
2006-06-28C$0.02annually2006-07-17
2006-05-29C$0.02annually2006-06-15

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 6.09%. Interested in purchasing Taiga Building Products stock? Use our calculator to estimate your expected dividend yield:

Taiga Building Products Financial Ratios

P/E ratio7.14
PEG ratio-0.07
P/B ratio0.96
ROE13.95%
Payout ratio43.49%
Current ratio3.73
Quick ratio2.32
Cash Ratio0.46

Taiga Building Products Dividend FAQ

How much is the next Taiga Building Products dividend?
Taiga Building Products's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Taiga Building Products dividend. The next Taiga Building Products dividend will be released in .
When is Taiga Building Products dividend paid?
Taiga Building Products pays dividends on a annually basis. The specific dates may vary each year but are generally around . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Taiga Building Products pay?
The specific amount of Taiga Building Products dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Taiga Building Products's dividend history.
Does Taiga Building Products stock pay dividends?
Yes, Taiga Building Products does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Taiga Building Products's dividend history.
How much dividend does Taiga Building Products pay?
Taiga Building Products paid C$0.0 in 2024, C$0.232 in 2023, C$0.0 in 2022, C$0.276 in 2021, and C$0.0 in 2020.
How often does Taiga Building Products pay dividends?
Taiga Building Products typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around .
What is Taiga Building Products's dividend yield?
The current dividend yield for Taiga Building Products is 6.09%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Taiga Building Products's exact dividend yield.
When does Taiga Building Products go ex dividend?
Taiga Building Products's ex-dividend date for the latest dividend was on 2023-11-23. Taiga Building Products typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Taiga Building Products dividend paid?
Taiga Building Products pays dividends on a annually basis, typically around , but the exact dates can vary each year.
Will Taiga Building Products increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Taiga Building Products will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Taiga Building Products dividend per share?
Taiga Building Products paid C$0.0 per share in 2024 and C$0.232 per share in 2023. The amount of dividend per share that Taiga Building Products pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Taiga Building Products a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Taiga Building Products a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Taiga Building Products a dividend stock?
Yes, Taiga Building Products is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Taiga Building Products a good dividend stock?
Whether Taiga Building Products is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Taiga Building Products has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does Taiga Building Products pay dividends monthly?
Taiga Building Products typically pays dividends on a annually basis.
Does Taiga Building Products pay dividends quarterly?
Taiga Building Products currently pays dividends on a annually basis.
Has Taiga Building Products ever paid a dividend?
Yes, Taiga Building Products has a history of paying dividends to its shareholders. Taiga Building Products is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Taiga Building Products dividend stocks?
To buy Taiga Building Products you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

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.
When does Taiga Building Products pay dividends 2024?
Taiga Building Products pays dividends on a annually basis. 2024 dividend payments are in 2023-12-08. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Taiga Building Products increase its dividend in 2024?
Decisions regarding Taiga Building Products dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Taiga Building Products dividend overview you can look into the above table of dividend history.
How Taiga Building Products dividend works?
The Taiga Building Products dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Taiga Building Products's dividend process works:

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.
How are Taiga Building Products dividends paid?
Taiga Building Products dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does Taiga Building Products pay dividends?
Taiga Building Products typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Taiga Building Products pay dividends?
The general pattern is that Taiga Building Products pays dividends around . However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Taiga Building Products dividend safe?
The safety of Taiga Building Products's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.