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Tecsys Inc. engages in the development, marketing, and sale of enterprise-wide supply chain management software and related services in Canada, the United States, Europe, and internationally. The company offers warehouse management, distribution and transportation management, supply management at point-of-use and order management and fulfillment, as well as financial management and analytics solutions. It also provides implementation, system enhancement, cloud, advisory, consulting, education, training, and maintenance and support services, as well as engages in sale of hardware. The company primarily serves the healthcare systems, automotive and services parts, third-party logistics, retail, and general wholesale distribution industries. Tecsys Inc. was incorporated in 1983 and is headquartered in Montreal, Canada.

Tecsys Dividend Announcement

Tecsys announced a quarterly dividend of C$0.08 per ordinary share which will be made payable on 2024-10-04. Ex dividend date: 2024-09-20
Tecsys annual dividend for 2024 was C$0.24
Tecsys annual dividend for 2023 was C$0.30
Tecsys's trailing twelve-month (TTM) dividend yield is 0.72%
Tecsys's payout ratio for the trailing twelve months (TTM) is 308.94%
Tecsys's dividend growth over the last five years (2018-2023) was 8.27% year
Tecsys's dividend growth over the last ten years (2013-2023) was 15.86% year

Tecsys Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-20C$0.08quarterly2024-10-04
2024-07-12C$0.08quarterly2024-08-02
2024-03-20C$0.08quarterly2024-04-11
2023-12-13C$0.08quarterly2024-01-05
2023-09-21C$0.07quarterly2023-10-06
2023-07-13C$0.07quarterly2023-08-04
2023-03-22C$0.07quarterly2023-04-13
2022-12-14C$0.07quarterly2023-01-06
2022-09-22C$0.07quarterly2022-10-07
2022-07-14C$0.07quarterly2022-08-05
2022-03-23C$0.07quarterly2022-04-14
2021-12-15C$0.07quarterly2022-01-07
2021-09-23C$0.07quarterly2021-10-08
2021-07-15C$0.07quarterly2021-08-06
2021-03-17C$0.07quarterly2021-04-08
2020-12-16C$0.07quarterly2021-01-08
2020-09-24C$0.06quarterly2020-10-09
2020-07-23C$0.06quarterly2020-08-07
2020-03-18C$0.06quarterly2020-04-09
2019-12-18C$0.06quarterly2020-01-10
2019-09-19C$0.06quarterly2019-10-04
2019-07-18C$0.06quarterly2019-08-02
2019-03-20C$0.06quarterly2019-04-11
2018-12-20C$0.06quarterly2019-01-11
2018-09-20C$0.05quarterly2018-10-05
2018-07-19C$0.05quarterly2018-08-03
2018-03-21C$0.05quarterly2018-04-12
2017-12-20C$0.05quarterly2018-01-11
2017-09-21C$0.04quarterly2017-10-06
2017-07-19C$0.04quarterly2017-08-04
2017-03-17C$0.04quarterly2017-04-11
2016-12-20C$0.04quarterly2017-01-12
2016-09-21C$0.03quarterly2016-10-07
2016-07-19C$0.03quarterly2016-08-04
2016-03-18C$0.03quarterly2016-04-12
2015-12-18C$0.03quarterly2016-01-12
2015-09-23C$0.03quarterly2015-10-09
2015-07-20C$0.03quarterly2015-08-06
2015-03-17C$0.02quarterly2015-04-09
2014-12-12C$0.02quarterly2015-01-06
2014-09-24C$0.02quarterly2014-10-10
2014-07-18C$0.02quarterly2014-08-06
2014-03-12C$0.04quarterly2014-03-28
2013-09-18C$0.04quarterly2013-10-04
2013-03-13C$0.04quarterly2013-03-29

Tecsys Dividend per year

Tecsys Dividend growth

Tecsys Dividend Yield

Tecsys current trailing twelve-month (TTM) dividend yield is 0.72%. Interested in purchasing Tecsys stock? Use our calculator to estimate your expected dividend yield:

Tecsys Financial Ratios

P/E ratio445.19
PEG ratio56.39
P/B ratio9.83
ROE2.14%
Payout ratio308.94%
Current ratio1.38
Quick ratio1.34
Cash Ratio0.20

Tecsys Dividend FAQ

How much is the next Tecsys dividend?
Tecsys's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tecsys dividend. The next Tecsys dividend will be released in March, July, September, or December.
When is Tecsys dividend paid?
Tecsys pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, July, September, and December. 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 Tecsys pay?
The specific amount of Tecsys 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 Tecsys's dividend history.
Does Tecsys stock pay dividends?
Yes, Tecsys 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 Tecsys's dividend history.
How much dividend does Tecsys pay?
Tecsys paid C$0.24 in 2024, C$0.305 in 2023, C$0.285 in 2022, C$0.265 in 2021, and C$0.245 in 2020.
How often does Tecsys pay dividends?
Tecsys typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, July, September, and December.
What is Tecsys's dividend yield?
The current dividend yield for Tecsys is 0.72%. 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 Tecsys's exact dividend yield.
When does Tecsys go ex dividend?
Tecsys's ex-dividend date for the latest dividend was on 2024-09-20. Tecsys 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 Tecsys dividend paid?
Tecsys pays dividends on a quarterly basis, typically around March, July, September, or December, but the exact dates can vary each year.
Will Tecsys 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 Tecsys 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 Tecsys dividend per share?
Tecsys paid C$0.24 per share in 2024 and C$0.305 per share in 2023. The amount of dividend per share that Tecsys 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 Tecsys 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 Tecsys 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 Tecsys a dividend stock?
Yes, Tecsys is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tecsys a good dividend stock?
Whether Tecsys is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tecsys has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Tecsys 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 Tecsys pay dividends monthly?
Tecsys typically pays dividends on a quarterly basis.
Does Tecsys pay dividends quarterly?
Tecsys currently pays dividends on a quarterly basis.
Has Tecsys ever paid a dividend?
Yes, Tecsys has a history of paying dividends to its shareholders. Tecsys is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tecsys dividend stocks?
To buy Tecsys 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 Tecsys 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 Tecsys pay dividends 2024?
Tecsys pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-04. 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 Tecsys increase its dividend in 2024?
Decisions regarding Tecsys 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 Tecsys dividend overview you can look into the above table of dividend history.
How Tecsys dividend works?
The Tecsys 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 Tecsys's dividend process works:

1. Determination of Dividend: Tecsys'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, Tecsys 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, Tecsys 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 Tecsys 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 Tecsys dividends paid?
Tecsys dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Tecsys 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, Tecsys distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Tecsys 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 Tecsys pay dividends?
Tecsys typically pays dividends on a quarterly 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 Tecsys pay dividends?
The general pattern is that Tecsys pays dividends around March, July, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tecsys dividend safe?
The safety of Tecsys'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 Tecsys'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 Tecsys'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.