Transcontinental Inc. engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, Australia, and New Zealand. It operates through Packaging, Printing, and Media sectors. The Packaging sector engages in the extrusion, lamination, printing, and converting packaging solutions; and manufacturing and recycling flexible plastic, including rollstock, bags and pouches, coextruded films, shrink films and bags, and advanced coatings. This sector serves cheese and dairy, coffee and tea, meat and protein, pet food, agriculture, beverage, confectionery, industrial, and consumer product markets, as well as supermarkets. The Printing sector provides integrated services for retailers, such as premedia services, flyer and in-store, and door-to-door marketing product printing distribution, as well as print solutions for newspapers, magazines, 4-color books, and personalized and mass marketing products. The Media sector is involved in printing and digital publishing of educational and trade books, and specialized publications for professionals and newspapers in French and English. Transcontinental Inc. was founded in 1976 and is headquartered in Montreal, Canada.
Transcontinental Dividend Announcement
• Transcontinental announced a quarterly dividend of C$0.23 per ordinary share which will be made payable on 2024-10-21. Ex dividend date: 2024-10-03
• Transcontinental annual dividend for 2024 was C$0.90
• Transcontinental annual dividend for 2023 was C$0.90
• Transcontinental's trailing twelve-month (TTM) dividend yield is 5.24%
• Transcontinental's payout ratio for the trailing twelve months (TTM) is 67.68%
• Transcontinental's dividend growth over the last five years (2018-2023) was 1.63% year
• Transcontinental's dividend growth over the last ten years (2013-2023) was -4.56% year
Transcontinental Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-03 | C$0.23 | quarterly | 2024-10-21 |
2024-06-27 | C$0.23 | quarterly | 2024-07-22 |
2024-04-02 | C$0.23 | quarterly | |
2024-01-05 | C$0.23 | quarterly | 2024-01-22 |
2023-09-29 | C$0.23 | quarterly | 2023-10-23 |
2023-07-04 | C$0.23 | quarterly | |
2023-03-29 | C$0.23 | quarterly | 2023-04-17 |
2023-01-06 | C$0.23 | quarterly | 2023-01-23 |
2022-09-29 | C$0.23 | quarterly | |
2022-07-04 | C$0.23 | quarterly | |
2022-03-25 | C$0.23 | quarterly | |
2022-01-04 | C$0.23 | quarterly | |
2021-10-01 | C$0.23 | quarterly | 2021-10-19 |
2021-07-05 | C$0.23 | quarterly | 2021-07-20 |
2021-03-19 | C$0.23 | quarterly | 2021-04-06 |
2021-01-04 | C$0.23 | quarterly | 2021-01-19 |
2020-10-01 | C$0.23 | quarterly | 2020-10-19 |
2020-07-02 | C$0.23 | quarterly | |
2020-03-20 | C$0.23 | quarterly | |
2020-01-03 | C$0.22 | quarterly | |
2019-09-27 | C$0.22 | quarterly | |
2019-06-28 | C$0.22 | quarterly | |
2019-03-22 | C$0.22 | quarterly | |
2019-01-03 | C$0.21 | quarterly | |
2018-09-27 | C$0.21 | quarterly | |
2018-06-27 | C$0.21 | quarterly | |
2018-03-23 | C$0.21 | quarterly | |
2018-01-03 | C$0.20 | quarterly | |
2017-09-29 | C$0.20 | quarterly | |
2017-06-28 | C$0.20 | quarterly | |
2017-03-30 | C$0.20 | quarterly | |
2016-12-30 | C$0.18 | quarterly | |
2016-09-29 | C$0.18 | quarterly | |
2016-06-30 | C$0.18 | quarterly | |
2016-03-31 | C$0.18 | quarterly | |
2015-12-30 | C$0.17 | quarterly | |
2015-10-01 | C$0.17 | quarterly | |
2015-07-02 | C$0.17 | quarterly | 2015-07-22 |
2015-04-08 | C$0.17 | quarterly | 2015-04-30 |
2014-12-30 | C$0.16 | quarterly | 2015-01-22 |
2014-10-02 | C$0.16 | quarterly | 2014-10-24 |
2014-06-26 | C$0.16 | quarterly | 2014-07-17 |
2014-04-02 | C$0.16 | quarterly | 2014-04-24 |
2013-12-31 | C$0.14 | quarterly | 2014-01-20 |
2013-06-26 | C$0.14 | quarterly | |
2013-04-03 | C$1.15 | quarterly |
Transcontinental Dividend per year
Transcontinental Dividend growth
Transcontinental Dividend Yield
Transcontinental current trailing twelve-month (TTM) dividend yield is 5.24%. Interested in purchasing Transcontinental stock? Use our calculator to estimate your expected dividend yield:
Transcontinental Financial Ratios
Transcontinental Dividend FAQ
Other factors to consider when evaluating Transcontinental 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: Transcontinental'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, Transcontinental 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, Transcontinental 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 Transcontinental 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: Transcontinental 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, Transcontinental distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Transcontinental 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 Transcontinental'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 Transcontinental'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.