Tree Island Steel (Tree Island Steel) Dividend Payout Ratio : 2.44 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Tree Island Steel Dividend Payout Ratio?

Tree Island Steel's dividend payout ratio for the months ended in Mar. 2024 was 2.44.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Tree Island Steel Ltd is 0.91, which seems too high.

The historical rank and industry rank for Tree Island Steel's Dividend Payout Ratio or its related term are showing as below:

TWIRF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.16 Max: 0.9
Current: 0.9

During the past 13 years, the highest Dividend Payout Ratio of Tree Island Steel was 0.90. The lowest was 0.04. And the median was 0.16.

TWIRF's Dividend Payout Ratio is ranked worse than
83.07% of 313 companies
in the Steel industry
Industry Median: 0.29 vs TWIRF: 0.90

As of today (2024-05-27), the Dividend Yield % of Tree Island Steel is 4.01%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tree Island Steel was 6.25%. The lowest was 0.26%. And the median was 3.21%.

Tree Island Steel's Dividends per Share for the months ended in Mar. 2024 was $0.02.

During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tree Island Steel was 103.40% per year. The lowest was -69.80% per year. And the median was 10.05% per year.

The growth rate is calculated with least square regression.

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

Tree Island Steel Dividend Payout Ratio Historical Data

The historical data trend for Tree Island Steel's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tree Island Steel Dividend Payout Ratio Chart

Tree Island Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.43

0.09

0.34

Tree Island Steel Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.14	0.26	0.47	-	2.44

Competitive Comparison of Tree Island Steel's Dividend Payout Ratio

For the Steel subindustry, Tree Island Steel's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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.

Tree Island Steel's Dividend Payout Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tree Island Steel's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tree Island Steel's Dividend Payout Ratio falls into.

Tree Island Steel Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Tree Island Steel's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.089	/	0.261
	=	0.34

Tree Island Steel's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.022	/	0.009
	=	2.44

Tree Island Steel (OTCPK:TWIRF) Dividend Payout Ratio Explanation

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.

Tree Island Steel Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Tree Island Steel's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Tree Island Steel (Tree Island Steel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tree Island Steel Ltd (OTCPK:TWIRF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

TSL:Canada

Address

3933 Boundary Road, Richmond, BC, CAN, V6V 1T8

Website

https://www.treeisland.com

Tree Island Steel Ltd operates in the steel business. It is engaged in the manufacturing and sale of steel wire and related products for a range of applications. It offers products such as bulk nails, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products. The firm groups its products into the following: Industrial, Commercial, Agricultural, Construction, and Residential Construction. Key revenue is derived from the Industrial segment. The products are offered under Tree Island, Halsteel, K-Lath, True spec, Toughstrand, and Stucco-rite brands. Geographically the firm has its business presence across the region of the United States, Canada, and other regions, of which the United States region accounts for the majority share of the revenue.

Tree Island Steel (Tree Island Steel) Headlines

From GuruFocus

Tree Island Announces Meeting Results for Election of Directors

By GlobeNewswire GlobeNewswire • 05-06-2023

Tree Island Announces Meeting Results for Election of Directors

By GlobeNewswire GlobeNewswire • 05-08-2020

The Futura Corporation and Arbutus Distributors Ltd. withdraw their non-binding unsolicited proposal for Tree Island's shares

By GlobeNewswire GlobeNewswire • 08-31-2019