Titanium Transportation dividend yield – Titanium Transportation Group Inc Declares Cash Dividend of 0.02
March 6, 2023
Dividends Yield
Titanium Transportation dividend yield – On February 26 2023, Titanium Transportation ($TSX:TTNM) Group Inc declared a cash dividend of 0.02 for its shareholders. This marks a decrease from the past dividend payments of 0.08 CAD per share in 2020 and 2021, and 0.02 CAD per share in 2022. Despite this, the company still offers a respectable dividend yield of 3.0% in 2020, 2.24% in 2021, and 1.26% in 2022, bringing its average dividend yield over the three years to 2.17%.
If you are looking for dividend stocks, TITANIUM TRANSPORTATION could be a viable option with its ex-dividend date set on February 27 2023. This date marks the date by which shareholders must purchase the stock in order to be eligible to receive the declared dividend.
Market Price
The stock opened at CA$2.6 per share and closed at the same price, setting a 3.6% increase from its previous closing price of CA$2.5. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Titanium Transportation. More…
| Total Revenues | Net Income | Net Margin |
| 496.81 | 21.66 | 3.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Titanium Transportation. More…
| Operations | Investing | Financing |
| 54.6 | 10.7 | -42.54 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Titanium Transportation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 274.83 | 181.02 | 2.09 |
Key Ratios Snapshot
Some of the financial key ratios for Titanium Transportation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 44.0% | 82.5% | 6.8% |
| FCF Margin | ROE | ROA |
| 10.9% | 23.3% | 7.7% |
Analysis – Titanium Transportation Stock Fair Value Calculation
At GoodWhale, we have conducted an analysis of TITANIUM TRANSPORTATION‘s financials. After considering various factors such as assets, liabilities, and industry outlook, we have come to the conclusion that TITANIUM TRANSPORTATION’s intrinsic value is around CA$3.5. This figure was calculated using our proprietary Valuation Line. Currently, TITANIUM TRANSPORTATION’s stock is being traded at CA$2.6 which means it is undervalued by a margin of 26.7%. This implies that potential investors may be able to benefit from buying stock in this company at the current market price. With the added potential of the company seeing a rise in its stock price, this should be a great opportunity for investors to consider. More…
Peers
They are one of the largest transportation companies in the region and have been providing quality services to customers since 1986. Their main competitors include Radiant Logistics Inc, Covenant Logistics Group Inc, and See Hup Consolidated Bhd, all of which are leading regional and international providers of transportation and logistics services.
– Radiant Logistics Inc ($NYSEAM:RLGT)
Radiant Logistics Inc is a third-party logistics and multi-modal transportation services company. It provides domestic and international freight forwarding services, truckload and less-than-truckload services, rail intermodal, airfreight, and ocean services. As of 2023, Radiant Logistics Inc has a market capitalization of 283.79 million dollars, indicating that it is well-valued by the market. The company also has a return on equity of 20.24%, indicating that it is generating good returns on its investments.
– Covenant Logistics Group Inc ($NASDAQ:CVLG)
Covenant Logistics Group Inc is a third-party logistics provider that specializes in truckload services, intermodal services, and freight brokerage services. The company has an impressive market cap of $467.93M as of 2023, indicating its strong financial standing in the industry. Moreover, Covenant Logistics Group Inc has a Return on Equity of 23.99%, which is a measure of the company’s ability to generate profits from its shareholders’ investments. This indicates that the company is doing well in terms of profitability and is well-positioned for future success.
– See Hup Consolidated Bhd ($KLSE:7053)
Hup Consolidated Bhd is a Malaysian-based conglomerate involved in a wide range of businesses including media, property development, construction and engineering, as well as oil and gas. As of 2023, its market capitalization stands at 85.05M. This suggests that the company’s share price has appreciated over the years, reflecting investor confidence in its operations. Hup Consolidated Bhd’s return on equity (ROE) is also impressive, with a rate of 1.69% in 2023. This indicates that the company is able to efficiently generate profits from its investments and is a sign of its financial health.
Summary
TITANIUM TRANSPORTATION is an attractive investing option for those seeking a steady stream of income. Over the last three years, the company has paid dividends of 0.08 CAD, 0.08 CAD and 0.02 CAD per share respectively, with an average yield of 2.17%. The dividend yield in 2020 was 3.0%, 2.24% in 2021, and 1.26% in 2022, indicating a relatively stable dividend payout rate over time. Taking into consideration TITANIUM TRANSPORTATION’s consistent dividend payouts, value investors may find the stock to be a lucrative opportunity for long term investment prospects.
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