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Terra Income Fund VI 7.00% Note Stock Dividends Overview

TFSA pays dividends quarterly. Last paid amount was $0.438 at Apr 01, 2024. As of today, dividend yield (TTM) is 7.35%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 7.35%
Frequency Quarterly
1Y Growth -0.114%
Payout Ratio 0
Amount Per Share $0.438
Next Ex-Dividend Date Jun 14, 2024
Next Payment Date Jul 01, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from TFSA the purchase should be done within the next 12 days.
Here's a simple guide on how to buy TFSA stock.

TFSA Dividend Payout History

To ensure a understanding of TFSA's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 14, 2024 Jun 14, 2024 Jul 01, 2024 $0.438 1.81%
2 Mar 14, 2024 Mar 14, 2024 Apr 01, 2024 $0.438 1.84%
3 Dec 14, 2023 Dec 14, 2023 Jan 02, 2024 $0.438 1.87%
4 Sep 14, 2023 Sep 14, 2023 Oct 02, 2023 $0.438 1.81%
5 Aug 07, 2023 Jun 14, 2023 Jun 30, 2023 $0.438 1.84%
6 Jun 13, 2023 Mar 14, 2023 Mar 30, 2023 $0.438 1.83%
7 May 10, 2023 Dec 14, 2022 Dec 30, 2022 $0.438 1.90%
8 Sep 14, 2022 Sep 14, 2022 Sep 30, 2022 $0.438 1.99%
9 Jun 14, 2022 Jun 14, 2022 Jun 30, 2022 $0.438 1.75%
10 Mar 14, 2022 Mar 14, 2022 Jun 30, 2022 $0.438 1.75%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (50.00%)

Growth potential

No dividend expected

TFSA Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TFSA dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TFSA stock here.

FAQ

What factors can affect the amount of TFSA's dividend payments?
The amount of TFSA's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TFSA sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TFSA stock be automatically reinvested?
If TFSA offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TFSA stock.

How often does TFSA pay dividend?
Terra Income Fund VI 7.00% Note (TFSA) pays dividends quarterly. The most recent payout was on Apr 01, 2024. The upcoming dividend Ex Date is Jun 14, 2024, with an amount of $0.438.

How much does TFSA pays per share?
The last recorder (Mar 14, 2024) dividend per share was $0.438.

What is TFSA dividend growth rate?
Over the last year, Terra Income Fund VI 7.00% Note has witnessed growth rate of -0.114% . Looking back over the past 3 years, this growth rate has been -20.63%. Furthermore, examining the past 5 years, Terra Income Fund VI 7.00% Note has maintained an average Dividends Per Share Growth Rate of -12.94%.
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