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 date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | C$0.08 | quarterly | 2024-10-04 |
2024-07-12 | C$0.08 | quarterly | 2024-08-02 |
2024-03-20 | C$0.08 | quarterly | 2024-04-11 |
2023-12-13 | C$0.08 | quarterly | 2024-01-05 |
2023-09-21 | C$0.07 | quarterly | 2023-10-06 |
2023-07-13 | C$0.07 | quarterly | 2023-08-04 |
2023-03-22 | C$0.07 | quarterly | 2023-04-13 |
2022-12-14 | C$0.07 | quarterly | 2023-01-06 |
2022-09-22 | C$0.07 | quarterly | 2022-10-07 |
2022-07-14 | C$0.07 | quarterly | 2022-08-05 |
2022-03-23 | C$0.07 | quarterly | 2022-04-14 |
2021-12-15 | C$0.07 | quarterly | 2022-01-07 |
2021-09-23 | C$0.07 | quarterly | 2021-10-08 |
2021-07-15 | C$0.07 | quarterly | 2021-08-06 |
2021-03-17 | C$0.07 | quarterly | 2021-04-08 |
2020-12-16 | C$0.07 | quarterly | 2021-01-08 |
2020-09-24 | C$0.06 | quarterly | 2020-10-09 |
2020-07-23 | C$0.06 | quarterly | 2020-08-07 |
2020-03-18 | C$0.06 | quarterly | 2020-04-09 |
2019-12-18 | C$0.06 | quarterly | 2020-01-10 |
2019-09-19 | C$0.06 | quarterly | 2019-10-04 |
2019-07-18 | C$0.06 | quarterly | 2019-08-02 |
2019-03-20 | C$0.06 | quarterly | 2019-04-11 |
2018-12-20 | C$0.06 | quarterly | 2019-01-11 |
2018-09-20 | C$0.05 | quarterly | 2018-10-05 |
2018-07-19 | C$0.05 | quarterly | 2018-08-03 |
2018-03-21 | C$0.05 | quarterly | 2018-04-12 |
2017-12-20 | C$0.05 | quarterly | 2018-01-11 |
2017-09-21 | C$0.04 | quarterly | 2017-10-06 |
2017-07-19 | C$0.04 | quarterly | 2017-08-04 |
2017-03-17 | C$0.04 | quarterly | 2017-04-11 |
2016-12-20 | C$0.04 | quarterly | 2017-01-12 |
2016-09-21 | C$0.03 | quarterly | 2016-10-07 |
2016-07-19 | C$0.03 | quarterly | 2016-08-04 |
2016-03-18 | C$0.03 | quarterly | 2016-04-12 |
2015-12-18 | C$0.03 | quarterly | 2016-01-12 |
2015-09-23 | C$0.03 | quarterly | 2015-10-09 |
2015-07-20 | C$0.03 | quarterly | 2015-08-06 |
2015-03-17 | C$0.02 | quarterly | 2015-04-09 |
2014-12-12 | C$0.02 | quarterly | 2015-01-06 |
2014-09-24 | C$0.02 | quarterly | 2014-10-10 |
2014-07-18 | C$0.02 | quarterly | 2014-08-06 |
2014-03-12 | C$0.04 | quarterly | 2014-03-28 |
2013-09-18 | C$0.04 | quarterly | 2013-10-04 |
2013-03-13 | C$0.04 | quarterly | 2013-03-29 |
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
Tecsys Dividend FAQ
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.
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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.
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.
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.