Titanium Transportation Group Inc., together with its subsidiaries, provides asset-based transportation and logistics services in North America. It operates in two segments, Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including 53' dry vans, flatbeds, step-decks, heavy axle trailers, and other specialty equipment. The Logistics segment provides non-asset-based broker services, which include ancillary transportation services, such as third party logistics and freight forwarding services. This segment also provides truckload and less than truckload freight services on vans, flatbeds, and other specialty equipment; and intermodal services, international ocean and air shipping, and emergency and expedited services, as well as specialty services for hazardous and fragile products. The company also offers inventory warehousing and distribution services. It serves customers across various industries, including multinational corporations. The company was founded in 2002 and is headquartered in Bolton, Canada.
Titanium Transportation Dividend Announcement
• Titanium Transportation announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-29
• Titanium Transportation annual dividend for 2024 was $0.07
• Titanium Transportation annual dividend for 2023 was $0.08
• Titanium Transportation's trailing twelve-month (TTM) dividend yield is 3.39%
• Titanium Transportation's payout ratio for the trailing twelve months (TTM) is -204.80%
Titanium Transportation Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-29 | $0.01 | quarterly | 2024-12-16 |
2024-08-30 | $0.02 | quarterly | 2024-09-16 |
2024-05-31 | $0.02 | quarterly | 2024-06-15 |
2024-02-28 | $0.02 | quarterly | |
2023-11-29 | $0.02 | quarterly | 2023-12-15 |
2023-08-30 | $0.02 | quarterly | 2023-09-15 |
2023-05-30 | $0.02 | quarterly | 2023-06-15 |
2023-02-27 | $0.02 | quarterly | 2023-03-15 |
2022-11-29 | $0.02 | quarterly | 2022-12-15 |
2022-08-30 | $0.02 | quarterly | 2022-09-15 |
2022-05-27 | $0.02 | quarterly | 2022-06-15 |
2022-02-25 | $0.02 | quarterly | 2022-03-15 |
2021-11-29 | $0.02 | quarterly | 2021-12-15 |
2021-08-30 | $0.02 | quarterly | 2021-09-15 |
2021-05-27 | $0.02 | quarterly | 2021-06-15 |
2021-02-25 | $0.02 | quarterly | 2021-03-15 |
2020-11-27 | $0.02 | quarterly | 2020-12-15 |
Titanium Transportation Dividend per year
Titanium Transportation Dividend growth
Titanium Transportation Dividend Yield
Titanium Transportation current trailing twelve-month (TTM) dividend yield is 3.39%. Interested in purchasing Titanium Transportation stock? Use our calculator to estimate your expected dividend yield:
Titanium Transportation Financial Ratios
Titanium Transportation Dividend FAQ
Other factors to consider when evaluating Titanium Transportation 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: Titanium Transportation'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, Titanium Transportation 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, Titanium Transportation 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 Titanium Transportation 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: Titanium Transportation 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, Titanium Transportation distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Titanium Transportation 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 Titanium Transportation'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 Titanium Transportation'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.