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TWC Enterprises sets ex-dividend date for upcoming CA$0.05 payout

EditorPollock Mondal
Published 2023-11-24, 07:02 a/m
© Reuters.

TWC Enterprises Limited is entering its ex-dividend phase, with November 29 as the key date for investors to be eligible for the next dividend payment. Shareholders on record by this date will receive a dividend of CA$0.05 per share on December 15. The company's stock currently offers a trailing yield of roughly 1.2%, underpinned by a conservative payout ratio of 22%, which indicates a focus on maintaining sustainable dividends.

Key points to note about TWC Enterprises include:

  • The company has demonstrated strong long-term earnings growth, with an annual rate of about 43% over the past five years.
  • Despite this growth, there has been a trend of decreasing dividend payments per share, which have dropped by an average of 4% annually over the last decade.
  • The high cash flow payout ratio poses questions regarding the sustainability of future dividends.

Investors are encouraged to take a long-term perspective, weighing both the potential for dividends and the inherent risks involved in their investment decisions. It's also important to consider the company's consistent rise in earnings per share as part of their evaluation of TWC Enterprises as an investment opportunity.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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