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True North Commercial REIT (TNT.UN) Dividend Yield, Date & History

True North Commercial REIT logo
C$10.24 +0.22 (+2.20%)
(As of 12/20/2024 05:18 PM ET)

True North Commercial REIT Dividend Summary

Dividend Yield
16.70%
Annual Dividend
C$1.71
Recent
Dividend Payment
Nov. 15
Dividend Payout Ratio
-52.78%

True North Commercial REIT (TNT.UN) pays an annual dividend of C$1.71 per share, with a dividend yield of 16.70%. The next payment of C$0.02 per share was paid on Wednesday, November 15, to investors who owned the stock before the ex-dividend date of Monday, October 30. The company currently pays out -52.78% of its earnings and 1,133.16% of its cash flow as dividends.

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TNT.UN Dividend Payments by Quarter

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

TNT.UN Dividend Yield Over Time

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

True North Commercial REIT vs. The Competition

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

TypeTrue North Commercial REITReal Estate CompaniesTSE Companies
Annual DividendC$1.71C$0.37C$1.07
Dividend Yield16.70%6.54%5.42%

True North Commercial REIT 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 Earnings-52.78%
Based on Cashflow1,133.16%

True North Commercial REIT Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/30/2023Monthly$0.0248 - 14.08%10/30/202311/15/202311/15/2023
8/30/2023Monthly$0.0248 - 11.67%8/30/20239/15/20239/15/2023
4/27/2023Monthly$0.0248 - 9.11%4/27/20235/15/20235/15/2023
3/30/2023Monthly$0.0248-$0.0247
49.90%
8.51%3/30/20234/17/20234/17/2023
12/29/2022Monthly$0.0495 - 10.35%12/29/20221/16/20231/16/2023

This table shows True North Commercial REIT'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.

True North Commercial REIT Dividend - Frequently Asked Questions

The current dividend yield for True North Commercial REIT is 16.70%. Learn more on TNT.UN's dividend yield history.

The annual dividend for TNT.UN shares is C$1.71. Learn more on TNT.UN's annual dividend history.

True North Commercial REIT pays monthly dividends to shareholders.

True North Commercial REIT's most recent monthly dividend payment of C$0.02 per share was made to shareholders on Wednesday, November 15, 2023.

True North Commercial REIT's most recent ex-dividend date was Monday, October 30, 2023.

The most recent change in the company's dividend was a decrease of C$0.02 on Thursday, March 30, 2023.

The dividend payout ratio for TNT.UN is:
  • -52.78% based on the trailing year of earnings
  • 1,133.16% based on cash flow

True North Commercial REIT's dividend yield of 13.69% is higher than the average Real Estate company that issues a dividend. TNT.UN has a dividend yield higher than 75% of all dividend-paying stocks 5.64, making it a leading dividend payer.

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


This page (TSE:TNT.UN) was last updated on 12/21/2024 by MarketBeat.com Staff
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