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True North Commercial REIT Stock

True North Commercial REIT Dividend 2024

True North Commercial REIT Dividend

0.32 CAD

True North Commercial REIT Dividend yield

2.61 %

Ticker

TNT.UN.TO

ISIN

CA89784Y2096

How much dividend does True North Commercial REIT 2024 pay?

According to the latest status from October 2024, True North Commercial REIT paid a total of 0.32 CAD per share in dividends within the last 12 months. With the current True North Commercial REIT price of 12.34 CAD, this corresponds to a dividend yield of 2.61 %. A dividend is paid times per year.

2.61 % Dividend Yield=
0.32 CAD Dividend
12.34 CAD Stock Price

Historical True North Commercial REIT Dividends

A dividend is paid times per year. Last year, the payout months were January, March, March, April, May, June, July, August, September, October and November.

PaydateDividend
11/30/20230.02
10/28/20230.02
9/30/20230.02
8/28/20230.02
7/29/20230.02
6/30/20230.02
5/27/20230.02
4/30/20230.02
3/27/20230.05
3/2/20230.05
1/29/20230.05
12/29/20220.05
11/28/20220.05
10/28/20220.05
9/30/20220.05
8/28/20220.05
7/29/20220.05
6/30/20220.05
5/28/20220.05
4/30/20220.05
1
2
3
4
5
...
7

True North Commercial REIT dividend history and estimates

In 2023, True North Commercial REIT paid a dividend amounting to 0.32 CAD. Dividend means that True North Commercial REIT distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for True North Commercial REIT 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 True North Commercial REIT’s potential for long-term investment and income generation through dividends.

Investment Strategy

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

True North Commercial REIT Dividend History

DateTrue North Commercial REIT Dividend
20230.32 undefined
20220.59 undefined
20210.59 undefined
20200.59 undefined
20190.59 undefined
20180.59 undefined
20170.59 undefined
20160.59 undefined
20150.59 undefined
20140.59 undefined
20130.62 undefined

Is the True North Commercial REIT Dividend Safe?

True North Commercial REIT has been increasing the dividend for 2 years.

Over the past 10 years, True North Commercial REIT has increased it by an annual -6.366 %.

Over a five-year period, the distribution increased by -11.54%.

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

True North Commercial REIT dividend payout ratio

In 2023, True North Commercial REIT had a payout ratio of 32.49%. The payout ratio indicates the percentage of the company's profits that True North Commercial REIT distributes as dividends.

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Payout ratio
Details

Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for True North Commercial REIT 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 True North Commercial REIT 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 True North Commercial REIT'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.

True North Commercial REIT Payout Ratio History

DateTrue North Commercial REIT Payout ratio
202332.49 %
202257.12 %
202117.95 %
202022.42 %
201936.22 %
201811.98 %
201714.85 %
2016-2,970 %
201510.8 %
201413.26 %
20137.94 %
201232.49 %
201132.49 %

Dividend Details

Understanding True North Commercial REIT's Dividend Distributions

True North Commercial REIT’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 True North Commercial REIT'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

True North Commercial REIT'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 True North Commercial REIT’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.

True North Commercial REIT Aktienanalyse

What does True North Commercial REIT do?

True North Commercial REIT is a Canadian publicly traded company specializing in the acquisition, development, and management of commercial properties across Canada. The company was founded in 2012 and is headquartered in Toronto, Ontario. The company's business model is based on a long-term strategy of creating value through the acquisition of high-potential properties. True North focuses on two main categories of real estate investments: office and industrial facilities. The company has a highly diversified portfolio consisting of over 44 million square feet of commercial space across Canada. The properties are located in urban and suburban areas, providing a wide range of services and usage options for tenants. True North Commercial REIT has a team of experienced real estate professionals covering the entire real estate lifecycle, including acquisition, financing, management, and leasing. The company has a strong strategic focus based on maximizing the value of its real estate portfolio through careful risk assessment and comprehensive market analysis. The company offers its tenants a variety of products and services to ensure their needs are fully met. True North Commercial REIT strives to offer high-quality, flexible, and cost-effective leasing options to strengthen its market position and provide solid returns to its investors. Under the leadership of Daniel Drimmer, the CEO and founder of True North Commercial REIT, the company has achieved impressive growth and successful market positioning in recent years. The company's performance is attributed to its ability to acquire and manage a wide range of asset classes, enabling it to respond quickly to changing market conditions. The company has also built a strong financial position, enabling it to support long-term growth goals and strengthen short-term liquidity positions. True North Commercial REIT is continuously seeking opportunities to expand and diversify its portfolio, creating a solid foundation for future growth. Overall, True North Commercial REIT is a leading force in the Canadian real estate industry, distinguished by its commitment to high-quality and cost-effective leasing options and impressive performance. With its clear strategic focus and strong operational performance, the company is able to respond to the changing needs of its tenants and investors and create long-term value. True North Commercial REIT is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about True North Commercial REIT stock

How much dividend does True North Commercial REIT pay?

Over the past 12 months, True North Commercial REIT paid a dividend of 0.32 CAD . This corresponds to a dividend yield of about 2.61 %. For the coming 12 months, True North Commercial REIT is expected to pay a dividend of 0.32 CAD.

What is the dividend yield of True North Commercial REIT?

The current dividend yield of True North Commercial REIT is 2.61 %.

When does True North Commercial REIT pay dividends?

True North Commercial REIT pays a quarterly dividend. This is distributed in the months of August, September, October, November.

How secure is the dividend of True North Commercial REIT?

True North Commercial REIT paid dividends every year for the past 11 years.

What is the dividend of True North Commercial REIT?

For the upcoming 12 months, dividends amounting to 0.32 CAD are expected. This corresponds to a dividend yield of 2.61 %.

In which sector is True North Commercial REIT located?

True North Commercial REIT is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von True North Commercial REIT kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of True North Commercial REIT from 11/15/2023 amounting to 0.025 CAD, you needed to have the stock in your portfolio before the ex-date on 10/30/2023.

When did True North Commercial REIT pay the last dividend?

The last dividend was paid out on 11/15/2023.

What was the dividend of True North Commercial REIT in the year 2023?

In the year 2023, True North Commercial REIT distributed 0.594 CAD as dividends.

In which currency does True North Commercial REIT pay out the dividend?

The dividends of True North Commercial REIT are distributed in CAD.

Andere Kennzahlen von True North Commercial REIT

Our stock analysis for True North Commercial REIT 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 True North Commercial REIT Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.