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Titanium Transportation Group (TSX:TTNM) 3-Year Dividend Growth Rate : 58.70% (As of Mar. 2024)


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What is Titanium Transportation Group 3-Year Dividend Growth Rate?

Titanium Transportation Group's Dividends per Share for the three months ended in Mar. 2024 was C$0.02.

The historical rank and industry rank for Titanium Transportation Group's 3-Year Dividend Growth Rate or its related term are showing as below:

TSX:TTNM' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 58.7   Med: 58.7   Max: 58.7
Current: 58.7

During the past 10 years, the highest 3-Year average Dividends Per Share Growth Rate of Titanium Transportation Group was 58.70% per year. The lowest was 58.70% per year. And the median was 58.70% per year.

TSX:TTNM's 3-Year Dividend Growth Rate is ranked better than
85.39% of 356 companies
in the Transportation industry
Industry Median: 15.9 vs TSX:TTNM: 58.70

During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Titanium Transportation Group's Dividend Payout Ratio for the three months ended in Mar. 2024 was 1.00. As of today, Titanium Transportation Group's Dividend Yield % is 3.62%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Titanium Transportation Group Inc is 0.90, which seems too high.

Good Sign:

Titanium Transportation Group Inc stock dividend yield is close to 1-year high.

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


Competitive Comparison of Titanium Transportation Group's 3-Year Dividend Growth Rate

For the Integrated Freight & Logistics subindustry, Titanium Transportation Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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.


Titanium Transportation Group's 3-Year Dividend Growth Rate Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Titanium Transportation Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Titanium Transportation Group's 3-Year Dividend Growth Rate falls into.



Titanium Transportation Group 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Titanium Transportation Group  (TSX:TTNM) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Titanium Transportation Group's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ Earnings per Share (Diluted) (Q: Mar. 2024 )
=0.02/ 0.02
=1.00

During the past 10 years, the highest Dividend Payout Ratio of Titanium Transportation Group was 0.90. The lowest was 0.14. And the median was 0.32.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Titanium Transportation Group Inc is 0.90, which seems too high.

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

Titanium Transportation Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0200002024-02-282024-02-292024-03-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0200002023-11-292023-11-302023-12-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0200002023-08-302023-08-312023-09-15Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0200002023-05-302023-05-312023-06-15Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Titanium Transportation Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.08/2.21
=3.62 %

Current Share Price is C$2.21.
Titanium Transportation Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.08.

During the past 10 years, the highest Dividend Yield of Titanium Transportation Group was 4.02%. The lowest was 0.51%. And the median was 3.14%.

Good Sign:

Titanium Transportation Group Inc stock dividend yield is close to 1-year high.

* 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.


Titanium Transportation Group 3-Year Dividend Growth Rate Related Terms>


Titanium Transportation Group (TSX:TTNM) Business Description

Traded in Other Exchanges
Address
32 Simpson Road, Bolton, ON, CAN, L7E 1G9
Titanium Transportation Group Inc is assets-based transportation and logistics firm that provides services like truckload, dedicated, cross-border trucking services, freight logistics, warehousing, and distribution. The company operating segments namely, the Truck Transportation segment represents the pickup and delivery of full loads across Canada and the United States using a closed van, flatbed or other specialized equipment, and the logistics segment represents the brokering of freight across North America. Most of its revenue is earned through the Truck transportation segment. The group has a business presence in Canada and the United States.
Executives
Vic De Zen Director or Senior Officer of 10% Security Holder

Titanium Transportation Group (TSX:TTNM) Headlines

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