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Tree Island Steel (TSL) Dividend Yield, Date & History

Tree Island Steel logo
C$3.05 +0.11 (+3.74%)
(As of 12/20/2024 05:18 PM ET)

Tree Island Steel Dividend Summary

Dividend Yield
3.93%
Annual Dividend
C$0.12
Recent
Dividend Payment
Oct. 15
Dividend Payout Ratio
240.00%

Tree Island Steel (TSL) pays an annual dividend of C$0.12 per share, with a dividend yield of 3.93%. The next payment of C$0.03 per share was paid on Tuesday, October 15, to investors who owned the stock before the ex-dividend date of Friday, September 27. The company currently pays out 240.00% of its earnings and 127.11% of its cash flow as dividends.

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TSL Dividend Payments by Quarter

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

TSL Dividend Yield Over Time

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

Tree Island Steel vs. The Competition

Compare Tree Island Steel's annual dividend, yield, and 3-year growth rate with averages for Materials and TSE companies to evaluate its performance against the market.

TypeTree Island SteelMaterials CompaniesTSE Companies
Annual DividendC$0.12C$0.17C$1.07
Dividend Yield3.93%5.16%5.42%

Tree Island Steel 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 Earnings240.00%
Based on This Year's Estimate29.60%
Based on Cashflow127.11%

Tree Island Steel Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
9/16/2024Quarterly$0.03 - 4.63%9/27/20249/27/202410/15/2024
6/12/2024Quarterly$0.03 - 3.97%6/28/20246/28/20247/15/2024
3/15/2024Quarterly$0.03 - 3.63%3/27/20243/28/20244/15/2024
12/15/2023Quarterly$0.03 - 4.01%12/28/202312/29/20231/15/2024
9/15/2023Quarterly$0.03 - 3.66%9/28/20239/29/202310/13/2023
6/15/2023Quarterly$0.03 - 3.49%6/29/20236/30/20237/14/2023
3/2/2023Quarterly$0.03 - 3.56%3/30/20233/31/20234/14/2023
12/29/2022Quarterly$0.03 - 3.38%12/29/20221/16/20231/16/2023

This table shows Tree Island Steel'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.

Tree Island Steel Dividend - Frequently Asked Questions

The current dividend yield for Tree Island Steel is 3.93%. Learn more on TSL's dividend yield history.

The annual dividend for TSL shares is C$0.12. Learn more on TSL's annual dividend history.

Tree Island Steel pays quarterly dividends to shareholders.

Tree Island Steel's most recent quarterly dividend payment of C$0.03 per share was made to shareholders on Tuesday, October 15, 2024.

Tree Island Steel's most recent ex-dividend date was Friday, September 27, 2024.

The most recent change in the company's dividend was an increase of C$0.01 on Thursday, March 4, 2021.

The dividend payout ratio for TSL is:
  • 240.00% based on the trailing year of earnings
  • 29.60% based on this year's estimates
  • 127.11% based on cash flow

Tree Island Steel's dividend yield of 4.21% is lower than the average Basic Materials company that issues a dividend. Tree Island Steel's dividend payout ratio of 240.00% may not be sustainable.


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