05-31-2023
CAD/share | |
Price | 172.62 |
Dividend | 2.66 |
Earnings | 5.22 |
Cash-flow | 5.33 |
Book value | 33.20 |
Equity | 34.80 |
Thomson Reuters is part of Media business, which is part of Consumer Services industry. Thomson Reuters is a company from Canada, and his stocks are publicly traded.
Thomson Reuters stock dividend
Thomson Reuters paid a total dividend of 1,274 million CAD last year, for a market value of 82,685 millions (Market Cap 28,067 millions). Thomson Reuters dividend per share is 2.66 CAD, and his stock market price 172.62 CAD.
According to the chart below, where dividend yield is displayed, Thomson Reuters has a dividend yield of 1.54%, lower than the amount offered by both the market average and companies from Canada. It is also lower than average of Consumer Services industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...
In addition, you should compare Thomson Reuters stocks dividend with other Media companies or other of the highest Canada dividend stocks list.
Thomson Reuters Dividend Payout
About the ability of Thomson Reuters to maintain his current dividend of CAD 2.66 per share, an amount that accounts for 1.54%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Thomson Reuters payout on ernings is currently 50.96%, which is higher than the market average, and companies of Consumer Services industry, which are 39.87% and 29.84% respectively. Both figures show that Thomson Reuters 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 Thomson Reuters is CAD 5.33 per share, which is higher than the dividend per share paid by the company of CAD 2.66, so the company generates enough cash to maintain his dividend in the future.
The following figure shows payout ratios over earnings and cashflow of Thomson Reuters, compared againt world market average, Canada companies, Consumer Services industry and Media sector companies.
Thomson Reuters Dividend History
Below you will find a table with the historical evolution of Thomson Reuters's dividend stock, both in percentage and in CAD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).
Year | Yield | CAD | Paypout | Shares* |
Present | 1.54% | 2.66 | 50.96% | 479 |
2022 | 1.56% | 2.41 | 14.67% | 479 |
2021 | 1.35% | 2.04 | 42.86% | 487 |
2020 | 1.86% | 1.94 | 34.64% | 496 |
2019 | 2.01% | 1.87 | 68.00% | 500 |
2018 | 3.19% | 2.10 | 36.33% | 506 |
2017 | 3.16% | 1.73 | 39.77% | 712 |
2016 | 3.15% | 1.83 | 41.31% | 754 |
2015 | 3.30% | 1.78 | 38.20% | 792 |
*In millions
Then you can see the evolution of Thomson Reuters dividend stock, and compare it with the average of Canada stocks and that of the Media stocks.
Thomson Reuters Stock performance
Finally, last moth Thomson Reuters showed a return of -3.10% compared to a worldwide -2.16% average, and a -3.87% of Consumer Services firms. Over the last year, the company obtained a 37.90% versus a worldwide performance of a 0.43%. More detailed information can be seen in the following graph for Canada and Media firms.