Taiga Building Products Stock

Taiga Building Products Dividend 2024

Taiga Building Products Dividend

0.23 CAD

Taiga Building Products Dividend yield

6.03 %

Ticker

TBL.TO

ISIN

CA87402A1084

WKN

A0JMC0

How much dividend does Taiga Building Products 2024 pay?

According to the latest status from July 2024, Taiga Building Products paid a total of 0.23 CAD per share in dividends within the last 12 months. With the current Taiga Building Products price of 3.84 CAD, this corresponds to a dividend yield of 6.03 %. A dividend is paid times per year.

6.03 % Dividend Yield=
0.23 CAD Dividend
3.84 CAD Stock Price

Historical Taiga Building Products Dividends

A dividend is paid times per year. Last year, the payout months were and December.

PaydateDividend
12/23/20230.23
4/4/20210.28
2/18/20130.03
7/28/20100.09
10/26/20080.02
9/28/20080.02
8/29/20080.02
7/26/20080.02
6/28/20080.02
5/28/20080.02
4/27/20080.02
3/27/20080.02
2/29/20080.02
1/27/20080.02
12/28/20070.02
11/29/20070.02
10/26/20070.02
9/29/20070.02
8/27/20070.02
7/27/20070.02
1
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Taiga Building Products dividend history and estimates

In 2023, Taiga Building Products paid a dividend amounting to 0.23 CAD. Dividend means that Taiga Building Products distributes a portion of its profits to its owners.
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Dividend

Dividend Overview

The dividend per year chart for Taiga Building Products provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Taiga Building Products’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Taiga Building Products's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Taiga Building Products Dividend History

DateTaiga Building Products Dividend
20230.23 undefined
20210.28 undefined
20130.03 undefined
20100.09 undefined
20080.14 undefined
20070.24 undefined
20060.17 undefined

Is the Taiga Building Products Dividend Safe?

Taiga Building Products has been increasing the dividend for 2 years.

Over the past 10 years, Taiga Building Products has increased it by an annual 23.221 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Cut of -100% for the current fiscal year.

Taiga Building Products dividend payout ratio

In 2023, Taiga Building Products had a payout ratio of 31.62%. The payout ratio indicates the percentage of the company's profits that Taiga Building Products distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Taiga Building Products represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Taiga Building Products could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Taiga Building Products's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Taiga Building Products Payout Ratio History

DateTaiga Building Products Payout ratio
202331.62 %
202231.34 %
202132.52 %
202031 %
201930.49 %
201830 %
201728.96 %
201628.51 %
201525.87 %
201427.15 %
201317.94 %
201230.98 %
201142.49 %
201077 %
200942.49 %
20081,350 %
2007347.14 %
2006131.08 %
200542.49 %
200442.49 %

Dividend Details

Understanding Taiga Building Products's Dividend Distributions

Taiga Building Products’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Taiga Building Products's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Taiga Building Products's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Taiga Building Products’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Taiga Building Products Aktienanalyse

What does Taiga Building Products do?

Taiga Building Products Ltd is a leading provider of building materials in Canada and the USA. The company was founded in 1973 in British Columbia and has since expanded its offerings to meet the needs of an increasingly complex construction industry. The business model of Taiga Building Products is based on a wide range of products that allow customers to source all their building material needs from one place. The offered products include wood, insulation, roofing materials, siding, windows and doors, as well as a wide range of interior finishes such as cladding, flooring, and cabinets. The company is divided into various divisions, including Taiga Distribution, Taiga Exterior, Taiga Interior, and Taiga Specialty Products. Each of these divisions focuses on a specific product category and works closely together to ensure that customers receive the service and quality they expect. Taiga Distribution is the main division of the company and offers a wide range of building materials. From wood and prefabricated components to hardware and adhesives, Taiga Distribution provides a comprehensive selection of high-quality products. Taiga Exterior focuses on the exterior of buildings and offers a wide range of product categories such as roofing materials, siding, windows, and doors. The siding division produces high-quality wood, cement, vinyl, and steel siding, while the windows and doors division specializes in energy-efficient products. Taiga Interior offers a wide range of interior finishes that cover all aspects of the interior space. The offered products include cladding, flooring, ceilings, and wall panels, to name just a few. The interior division works closely with the Taiga Exterior division to ensure that the entire building is completed with customer expectations and needs in mind. Taiga Specialty Products offers a wide range of specialized products that cater to the needs of customers with specific requirements. This includes products such as fire protection, drywall tools, and garden cabinets. Taiga Building Products has earned a reputation as a leading provider of building materials in Canada and the USA for good reason. The company offers a wide range of products that allow customers to source all their building material needs from one place. Additionally, the company has extensive experience and expertise in the construction industry, as well as a dedicated and experienced team focused on maintaining the highest level of customer service. Taiga Building Products is an excellent choice for any customer in the construction industry who is looking for a strong partner with a wide range of products and services. Taiga Building Products is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Taiga Building Products stock

How much dividend does Taiga Building Products pay?

Over the past 12 months, Taiga Building Products paid a dividend of 0.23 CAD . This corresponds to a dividend yield of about 6.03 %. For the coming 12 months, Taiga Building Products is expected to pay a dividend of 0.23 CAD.

What is the dividend yield of Taiga Building Products?

The current dividend yield of Taiga Building Products is 6.03 %.

When does Taiga Building Products pay dividends?

Taiga Building Products pays a quarterly dividend. This is distributed in the months of July, February, April, December.

How secure is the dividend of Taiga Building Products?

Taiga Building Products paid dividends every year for the past 1 years.

What is the dividend of Taiga Building Products?

For the upcoming 12 months, dividends amounting to 0.23 CAD are expected. This corresponds to a dividend yield of 6.03 %.

In which sector is Taiga Building Products located?

Taiga Building Products is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Taiga Building Products kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Taiga Building Products from 12/8/2023 amounting to 0.232 CAD, you needed to have the stock in your portfolio before the ex-date on 11/23/2023.

When did Taiga Building Products pay the last dividend?

The last dividend was paid out on 12/8/2023.

What was the dividend of Taiga Building Products in the year 2023?

In the year 2023, Taiga Building Products distributed 0.276 CAD as dividends.

In which currency does Taiga Building Products pay out the dividend?

The dividends of Taiga Building Products are distributed in CAD.

Andere Kennzahlen von Taiga Building Products

Our stock analysis for Taiga Building Products Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Taiga Building Products Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.