TFI International Inc. (NYSE:TFII) Plans Quarterly Dividend of $0.45

Key Points

• TFI International Inc. has declared a quarterly dividend of $0.45 per share, which will be paid to shareholders on October 15th for those on record as of September 30th, reflecting an annualized yield of 1.9%.
• The company has a low payout ratio of 17.3%, indicating that its dividend is well-covered by earnings, with expected earnings per share of $9.51 in the coming year.
• TFI International recently reported a quarterly EPS of $1.34, surpassing estimates, alongside a revenue of $2.04 billion, significantly above analyst expectations.

TFI International Inc. (NYSE:TFII - Get Free Report) declared a quarterly dividend on Monday, September 15th. Investors of record on Tuesday, September 30th will be given a dividend of 0.45 per share on Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, September 29th.

TFI International has a dividend payout ratio of 17.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect TFI International to earn $9.51 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 16.8%.

TFI International Stock Down 1.0%

Shares of NYSE:TFII traded down $0.99 during mid-day trading on Friday, reaching $93.42. 601,497 shares of the stock were exchanged, compared to its average volume of 251,951. The company has a quick ratio of 1.03, a current ratio of 1.05 and a debt-to-equity ratio of 0.88. The company has a market cap of $7.70 billion, a P/E ratio of 21.43, a P/E/G ratio of 3.26 and a beta of 1.47. TFI International has a one year low of $72.02 and a one year high of $155.12. The stock's 50 day simple moving average is $91.57 and its 200-day simple moving average is $87.11.

TFI International (NYSE:TFII - Get Free Report) last posted its quarterly earnings data on Monday, July 28th. The company reported $1.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.24 by $0.10. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $1.49 billion. TFI International had a return on equity of 15.45% and a net margin of 4.48%. As a group, equities research analysts predict that TFI International will post 7.76 EPS for the current year.

TFI International Company Profile

TFI International Inc, together with its subsidiaries, provides transportation and logistics services in the United States and Canada. The company operates through Package and Courier, Less-Than-Truckload (LTL), Truckload (TL), and Logistics segments. The Package and Courier segment engages in the pickup, transport, and delivery of items in North America.