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Tricon Residential (TCN) Dividend Yield, Date & History

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Tricon Residential Dividend Summary

Dividend Yield
2.02%
Annual Dividend
C$0.31
Recent
Dividend Payment
Jan. 15
Dividend Payout Ratio
55.36%

Tricon Residential (TCN) pays an annual dividend of C$0.31 per share, with a dividend yield of . The next payment of C$0.08 per share was paid on Monday, January 15, to investors who owned the stock before the ex-dividend date of Thursday, December 28. The company currently pays out 55.36% of its earnings as dividends.

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TCN Dividend Payments by Quarter

The chart below displays up to four years of Tricon Residential's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

TCN Dividend Yield Over Time

The chart below tracks Tricon Residential's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Tricon Residential vs. The Competition

Compare Tricon Residential's annual dividend, yield, and 3-year growth rate with averages for Real Estate and TSE companies to evaluate its performance against the market.

TypeTricon ResidentialReal Estate CompaniesTSE Companies
Annual DividendC$0.31C$0.33C$1.06
Dividend Yield2.02%7.06%5.75%

Tricon Residential Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings55.36%
Based on This Year's Estimate29.31%

Tricon Residential Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/28/2023Quarterly$0.08+$0.0030
3.90%
3.2%12/28/20231/15/20241/15/2024
8/8/2023Quarterly$0.0770-$0.0020
2.53%
2.65%9/28/20239/30/202310/15/2023
5/9/2023Quarterly$0.0790+$0.0020
2.60%
2.85%6/29/20236/30/20237/15/2023
3/30/2023Quarterly$0.0770-$0.0020
2.53%
2.86%3/30/20234/15/20234/15/2023
12/29/2022Quarterly$0.0790+$0.0050
6.76%
2.77%12/29/20221/15/20231/15/2023

This table shows Tricon Residential's dividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Tricon Residential Dividend - Frequently Asked Questions

The current dividend yield for Tricon Residential is 2.02%. Learn more on TCN's dividend yield history.

The annual dividend for TCN shares is C$0.31. Learn more on TCN's annual dividend history.

Tricon Residential pays quarterly dividends to shareholders.

Tricon Residential's most recent quarterly dividend payment of C$0.08 per share was made to shareholders on Monday, January 15, 2024.

Tricon Residential's most recent ex-dividend date was Thursday, December 28, 2023.

The most recent change in the company's dividend was an increase of C$0.00 on Thursday, December 28, 2023.

The dividend payout ratio for TCN is:
  • 55.36% based on the trailing year of earnings
  • 29.31% based on this year's estimates

Tricon Residential's dividend yield of 2.02% is lower than the average Real Estate company that issues a dividend. Tricon Residential's dividend payout ratio of 55.36% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Tricon Residential stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (TSE:TCN) was last updated on 12/18/2024 by MarketBeat.com Staff
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