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Trinidad Cement (TRN:TCL) Forward Dividend Yield % : 3.08% (As of Jun. 08, 2024)


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What is Trinidad Cement Forward Dividend Yield %?

As of today (2024-06-08), the Forward Annual Dividend Yield of Trinidad Cement is 3.08%.

As of today (2024-06-08), the Trailing Annual Dividend Yield of Trinidad Cement is 0.00%.

TRN:TCL's Forward Dividend Yield % is ranked worse than
52.12% of 236 companies
in the Building Materials industry
Industry Median: 3.16 vs TRN:TCL: 3.08

Trinidad Cement's Dividends per Share for the three months ended in Mar. 2024 was TTD0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Trinidad Cement's Forward Dividend Yield %

For the Building Materials subindustry, Trinidad Cement's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Trinidad Cement's Forward Dividend Yield % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Trinidad Cement's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Trinidad Cement's Forward Dividend Yield % falls into.



Trinidad Cement Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Trinidad Cement  (TRN:TCL) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Trinidad Cement Forward Dividend Yield % Related Terms

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Trinidad Cement (TRN:TCL) Business Description

Traded in Other Exchanges
N/A
Address
Southern Main Road, Claxton Bay, Trinidad, TTO
Trinidad Cement Ltd is engaged in the manufacture and sale of cement, concrete, and aggregates. The company's operations are organized into three operating segments, Cement, Concrete, and Packaging. The firm offers Portland-pozzolan cement, ordinary Portland cement, and Class G high sulfate-resistant oilwell cement. The company has operations in Trinidad and Tobago, Jamaica, Barbados, and other countries. Geographically the company receives maximum revenue from Jamaica.

Trinidad Cement (TRN:TCL) Headlines

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