Summary Report: Trancontinental
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Transcontinental Inc. (TCLAF), was founded in 1976 and is headquartered in Montreal, Canada.
It is in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally.
Three key data points gauge TCLAF or any dividend-paying entity, namely:
(1) Price
(2) Dividends
(3) Returns
Those keys also show if any company has made, is making, and will make money.
TCLAF Price
Transcontinental’s share price increased over 33% in the past year from $10.94 to $15.08 as of Wednesday’s closing price (yesterday).
TCLAF Dividends
Transcontinental has paid regular quarterly dividends since April 2004.
The current forward-looking annual dividend of $0.66 yields 4.36% per Wednesday’s $15.08 closing price.
TCLAF Returns
Putting it all together, a $1.58 estimated gross gain per share shows up when adding Transdontinental’s annual $0.66 dividend to an estimated $0.92 annual price gain.
That five-year average annual price gain, plus the dividend, makes that $1.58 gross gain.
A little under $1000 invested at the recent $15.08 share price would buy 66 shares which, multiply the $1.58 gross gain estimate up to $104.77
Furthermore, over 41.5% of that $105 gain comes from the $43.60 in annual dividends generated from your $1,000 investment.
Besides, the $43.60 annual dividend amounts to almost 3 times the recent $15.08 single-share price.
(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on Transcontinental Inc. and its 4.36% dividend yield along with its 21-year dividend record.
The exact track of TCLAF's future share prices and dividends will entirely be determined by market action and company finances.
Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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