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Founded in 1988, Tricon is a rental housing company focused on serving the middle-market demographic. Tricon owns and operates approximately 31,000 single-family rental homes and multi-family rental units in 21 markets across the United States and Canada, managed with an integrated technology-enabled operating platform. More information about Tricon is available at www.triconresidential.com.

Tricon Residential Dividend Announcement

Tricon Residential announced a quarterly dividend of $0.06 per ordinary share which will be made payable on 2024-01-15. Ex dividend date: 2023-12-28
Tricon Residential annual dividend for 2023 was $0.23
Tricon Residential's trailing twelve-month (TTM) dividend yield is 0.52%
Tricon Residential's payout ratio for the trailing twelve months (TTM) is 53.47%
Tricon Residential's dividend growth over the last five years (2018-2023) was -3.69% year

Tricon Residential Dividend History

Ex-Div dateDividend amountDividend typePay date
2023-12-28$0.06quarterly2024-01-15
2023-09-28$0.06quarterly2023-10-15
2023-06-29$0.06quarterly2023-07-15
2023-03-30$0.06quarterly2023-04-15
2022-12-29$0.06quarterly2023-01-15
2022-09-28$0.06quarterly2022-10-15
2022-06-29$0.06quarterly2022-07-15
2022-03-30$0.06quarterly2022-04-15
2021-12-30$0.06quarterly2022-01-17
2021-09-28$0.07quarterly2021-10-15
2021-06-29$0.07quarterly2021-07-15
2021-03-30$0.07quarterly2021-04-15
2020-12-30$0.07quarterly2021-01-15
2020-09-29$0.07quarterly2020-10-15
2020-06-29$0.07quarterly2020-07-15
2020-03-30$0.07quarterly2020-04-15
2019-12-30$0.07quarterly2020-01-15
2019-09-27$0.07quarterly2019-10-15
2019-06-27$0.07quarterly2019-07-15
2019-03-28$0.07quarterly2019-04-15
2018-12-28$0.07quarterly2019-01-15
2018-09-27$0.07quarterly2018-10-15
2018-06-28$0.07quarterly2018-07-15
2018-03-28$0.07quarterly2018-04-15
2017-12-28$0.07quarterly2018-01-15
2017-09-28$0.07quarterly2017-10-15
2017-06-28$0.07quarterly2017-07-14
2017-03-29$0.07quarterly2017-04-14
2016-12-29$0.07quarterly
2016-09-28$0.07quarterly
2016-06-28$0.07quarterly
2016-03-29$0.07quarterly
2015-12-29$0.06quarterly
2015-09-28$0.06quarterly
2015-06-26$0.06quarterly
2015-03-27$0.06quarterly
2014-12-29$0.06quarterly
2014-09-26$0.06quarterly
2014-06-26$0.06quarterly
2014-03-27$0.06quarterly
2013-12-27$0.06quarterly

Tricon Residential Dividend per year

Tricon Residential Dividend growth

Tricon Residential Dividend Yield

Tricon Residential current trailing twelve-month (TTM) dividend yield is 0.52%. Interested in purchasing Tricon Residential stock? Use our calculator to estimate your expected dividend yield:

Tricon Residential Financial Ratios

P/E ratio35.75
PEG ratio0.91
P/B ratio0.80
ROE2.23%
Payout ratio53.47%
Current ratio0.49
Quick ratio0.49
Cash Ratio0.39

Tricon Residential Dividend FAQ

How much is the next Tricon Residential dividend?
Tricon Residential's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tricon Residential dividend. The next Tricon Residential dividend will be released in March, June, September, or December.
When is Tricon Residential dividend paid?
Tricon Residential pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, 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 Tricon Residential pay?
The specific amount of Tricon Residential 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 Tricon Residential's dividend history.
Does Tricon Residential stock pay dividends?
Yes, Tricon Residential 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 Tricon Residential's dividend history.
How much dividend does Tricon Residential pay?
Tricon Residential paid $0.0 in 2024, $0.232 in 2023, $0.232 in 2022, $0.268 in 2021, and $0.28 in 2020.
How often does Tricon Residential pay dividends?
Tricon Residential 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, June, September, and December.
What is Tricon Residential's dividend yield?
The current dividend yield for Tricon Residential is 0.52%. 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 Tricon Residential's exact dividend yield.
When does Tricon Residential go ex dividend?
Tricon Residential's ex-dividend date for the latest dividend was on 2023-12-28. Tricon Residential 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 Tricon Residential dividend paid?
Tricon Residential pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Tricon Residential 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 Tricon Residential 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 Tricon Residential dividend per share?
Tricon Residential paid $0.0 per share in 2024 and $0.232 per share in 2023. The amount of dividend per share that Tricon Residential 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 Tricon Residential 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 Tricon Residential 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 Tricon Residential a dividend stock?
Yes, Tricon Residential is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tricon Residential a good dividend stock?
Whether Tricon Residential is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tricon Residential has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Tricon Residential 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 Tricon Residential pay dividends monthly?
Tricon Residential typically pays dividends on a quarterly basis.
Does Tricon Residential pay dividends quarterly?
Tricon Residential currently pays dividends on a quarterly basis.
Has Tricon Residential ever paid a dividend?
Yes, Tricon Residential has a history of paying dividends to its shareholders. Tricon Residential is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tricon Residential dividend stocks?
To buy Tricon Residential 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 Tricon Residential 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 Tricon Residential pay dividends 2024?
Tricon Residential pays dividends on a quarterly basis. 2024 dividend payments are in 2024-01-15. 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 Tricon Residential increase its dividend in 2024?
Decisions regarding Tricon Residential 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 Tricon Residential dividend overview you can look into the above table of dividend history.
How Tricon Residential dividend works?
The Tricon Residential 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 Tricon Residential's dividend process works:

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

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

3. Currency: Tricon Residential 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 Tricon Residential pay dividends?
Tricon Residential 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 Tricon Residential pay dividends?
The general pattern is that Tricon Residential pays dividends around March, June, 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 Tricon Residential dividend safe?
The safety of Tricon Residential'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 Tricon Residential'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 Tricon Residential'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.