TransCanada Dividend yield




A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   CAD per share 
 Price  49.64
 Dividend  2.76
 Earnings  2.42
 Cash-flow  5.77
 Book value  23.64
 Equity  22.83

TransCanada is part of Oil Equipment Services and Distrib. business, which is part of Oil and Gas industry. TransCanada is a company from Canada, and his stocks are publicly traded.

TransCanada paid a total dividend of 2,503 million CAD last year, for a market value of 45,023 millions (Market Cap 44,987 millions). Dividend per share of TransCanada is 2.76 CAD, and his stock market price 49.64 CAD.

According to the chart below, where dividend yield is displayed, TransCanada has a dividend yield of 5.56%, which is higher than the amount offered by both the market average and companies from Canada. It is also bigger than average of Oil and Gas industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare TransCanada dividend yield with other Oil Equipment Services and Distrib. companies or firms from Canada.

Dividend yield of TransCanada

TransCanada Dividend Payout

About the ability of TransCanada to maintain his current dividend of CAD 2.76 per share, an amount that accounts for 5.56%, we should study its payout ratio both on earnings and on cash-flows (see chart below). TransCanada payout on ernings is currently 114.05%, which is higher than the market average, and companies of Oil and Gas industry, which are 39.92% and 46.01% respectively. Both figures show that TransCanada can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of TransCanada is CAD 5.77 per share, which is higher than the dividend per share paid by the company of CAD 2.76, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of TransCanada, compared againt world market average, Canada companies, Oil and Gas industry and Oil Equipment Services and Distrib. sector companies.

TransCanada payout

TransCanada Stock performance

Finally, last moth TransCanada showed a return of -5.00% compared to a worldwide -7.18% average, and a -9.36% of Oil and Gas firms. Over the last year, the company obtained a -19.00% versus a worldwide performance of a -5.64%. More detailed information can be seen in the following graph for Canada and Oil Equipment Services and Distrib. firms.

TransCanada stock and market return

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