TCL-A.TO Transcontinental Inc. (Class A) Loading... : Bullish and Bearish Analyst Opinions
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14:48
Sep 08
Sep 08
Special dividend inflates trailing yield, weak ranks
The author notes Transcontinental distributed 20 US dollars a share in March split between return of capital and dividend, causing some yield calculators to show a misleading 20% trailing yield when the regular forward-looking yield is closer to 3.7%. Growth and Sentiment ranks are both weak at 19 and 13, suggesting the market has already moved past the special payment. The stated implication is that the headline yield overstates the ongoing income.
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About TCL-A.TO Analyst Coverage
Buzzberg tracks TCL-A.TO (Transcontinental Inc. (Class A)) across 1 sources. 0 bullish vs 0 bearish calls from 1 analysts. Sentiment: evenly split. 1 total trade idea tracked. Past 7 days: 1 watch. Latest voices: u/ichbinschomi.