Tree Island Steel (TSL) Dividend History & Analysis

Track McKesson's (TSL) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 4.04%
Dividends per Share 12m 0.11
Dividend Growth Rate 5y 8.45%
Overall Dividend Rating 60.62%
Yield on Cost 5y 13.10%
Payout Ratio 240.0%
Payout Frequency 12m 4
Payout Consistency 56.1%
Total Return 12m: -16.43%
#28 in Group
Total Return 5y: 205.98%
#26 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Steel

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
TSL 47m 4.04% 13.1%
MSB 357m 31.1% 83.3%
SSAB-A 6,482m 13.3% 46.4%
TX 6,380m 9.80% 37.4%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
TSL 47m 8.45% 240%
RYI 722m 46.1% 119%
ZEUS 453m 49.6% 26.3%
ALLEI 2,059m 19.5% 38.1%

TSL Dividend History: Last 40 Payments (CAD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-03-31 2025-04-15 0.02 -33.3% 0.78%
2024-12-31 2025-01-15 0.03 0.95%
2024-09-27 2024-10-15 0.03 1.15%
2024-06-28 2024-06-28 2024-07-15 Quarterly 0.03 1.02%
2024-03-27 2024-03-28 2024-04-15 Quarterly 0.03 0.9%
2023-12-28 2023-12-29 2024-01-15 Quarterly 0.03 0.9%
2023-09-28 2023-09-29 2023-10-13 Quarterly 0.03 -40% 0.95%
2023-06-29 2023-06-30 2023-07-14 Quarterly 0.05 1.5%
2023-03-30 2023-03-31 2023-04-14 Quarterly 0.05 1.61%
2022-12-29 2023-01-16 2023-01-16 Quarterly 0.05 66.7% 1.54%
2022-09-29 2022-09-30 2022-10-14 Quarterly 0.03 -40% 0.84%
2022-09-28 2022-09-30 2022-10-14 Quarterly 0.05 1.42%
2022-06-29 2022-06-30 2022-07-15 Quarterly 0.05 -95.9% 1.25%
2022-03-30 2022-03-31 2022-04-14 Quarterly 1.23 1437.5% 20.53%
2021-12-30 2021-12-31 2022-01-14 Quarterly 0.08 166.7% 1.57%
2021-09-29 2021-09-30 2021-10-15 Quarterly 0.03 -62.5% 0.65%
2021-09-28 2021-09-30 2021-10-15 Quarterly 0.08 166.7% 1.69%
2021-06-29 2021-06-30 2021-07-15 Quarterly 0.03 0.75%
2021-03-30 2021-03-31 2021-04-15 Quarterly 0.03 50% 0.83%
2020-12-30 2020-12-31 2021-01-15 Quarterly 0.02 0.83%
2020-09-29 2020-09-30 2020-10-15 Quarterly 0.02 0.9%
2020-06-29 2020-07-15 2020-07-15 Quarterly 0.02 0.97%
2020-03-30 2020-03-31 2020-04-15 Quarterly 0.02
2019-12-30 2019-12-31 2020-01-15 Quarterly 0.02
2019-09-27 2019-09-30 2019-10-15 Quarterly 0.02
2019-06-27 2019-06-28 2019-07-15 Quarterly 0.02
2019-03-28 2019-03-29 2019-04-15 Quarterly 0.02
2018-12-28 2018-12-31 2019-01-15 Quarterly 0.02
2018-09-27 2018-10-15 2018-10-15 Quarterly 0.02
2018-06-28 2018-06-29 2018-07-16 Quarterly 0.02
2018-03-28 2018-04-16 2018-04-16 Quarterly 0.02
2017-12-28 2017-12-29 2018-01-15 Quarterly 0.02
2017-09-28 2017-09-29 2017-10-16 Quarterly 0.02
2017-06-28 2017-06-30 2017-07-14 Quarterly 0.02
2017-03-29 2017-03-31 2017-04-17 Quarterly 0.02
2016-12-28 2017-01-16 2017-01-16 Quarterly 0.02
2016-09-28 2016-10-14 2016-10-14 Quarterly 0.02
2016-06-28 2016-07-15 2016-07-15 Quarterly 0.02 100%
2016-03-29 2016-03-31 2016-04-15 Quarterly 0.01
2015-12-29 2015-12-31 2016-01-15 Quarterly 0.01

TSL Dividend FAQ

Does TSL pay dividends?

Yes, as of April 2025, TSL paid a dividend of 0.11 CAD in the last 12 months. The last dividend was paid on 2025-03-31.

What is the Dividend Yield of TSL?

As of April 2025, TSL`s dividend yield is 4.04%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 110K CAD by the current share price of 2.58.

How often does TSL pay dividends?

TSL pays dividends quarterly. Over the last 12 months (TTM), TSL has issued 4 dividend payments.

What is the next Ex-Dividend Date for TSL?

The next ex-dividend date for Tree Island Steel (TSL) is unknown.

What is the Dividend Growth of TSL?

TSL's average dividend growth rate over the past 5 years is 8.45M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of TSL?

TSL's 5-Year Yield on Cost is 13.1M%. This represents the effective dividend yield for an investor who bought Tree Island Steel five years ago. It is calculated as the sum of all trailing 12-month dividends (110K) divided by the purchase price five years ago (0.84):

What is the Payout Consistency of TSL?

TSL Payout Consistency is 56.1%.
Highly unstable: Tree Island Steel has a poor track record of consistent dividend payments.

Does TSL have a good Dividend Yield?

TSL`s 4.04% Dividend Yield is considered as good.

What is the Dividend Payout Ratio of TSL?

The Dividend Payout Ratio of TSL is 240.0%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of TSL?

TSL`s Overall Dividend Rating is 60.62%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

TSL Outstanding Shares Analysis

What is the Trend in TSL`s Outstanding Shares?

Tree Island Steel`s outstanding shares have decreased by approximately -1.88% annually over the past 5 years (Correlation: -100.0%), positively influencing stock price.

Has Tree Island Steel ever had a Stock Split?

Yes, last Stock Split was on 2014-05-16 with a factor of 1:2. This reverse stock split decreased the number of shares and increased the price per share by a ratio of 0.5.
Year Number of Shares Annual Growth Rate
2003 8,219,400
2004 9,395,300 +14.31%
2005 10,959,200 +16.65%
2006 10,959,200
2007 10,998,900 +0.36%
2008 10,976,900 -0.2%
2009 11,017,500 +0.37%
2010 11,320,800 +2.75%
2011 28,715,800 +153.66%
2012 28,715,800
2013 28,715,800
2014 28,715,800
2015 28,715,800
2016 28,715,800
2017 28,715,800
2018 28,715,800
2019 28,715,800
2020 28,715,800
2021 28,436,700 -0.97%
2022 28,286,900 -0.53%
2023 27,127,400 -4.1%
2024 26,113,600 -3.74%