Dividends
Participating and voting shares
All holders of Class A Subordinate Voting shares and Class B shares are entitled to receive dividends. While allocated at the discretion of the Board of Directors, the Corporation typically declares cash dividends to be paid out on a quarterly basis.
For the purpose of the Income Tax Act (Canada) and any similar provincial and territorial legislation, Transcontinental Inc. designates all dividends (including deemed dividends) paid on the participating and voting shares in the 2007 calendar year and thereafter as "eligible dividends" unless Transcontinental Inc. indicates otherwise.
Dividends paid per participating share (in cents)
(1) Paid a special dividend of $1.00 in addition to regular quarterly dividend of $0.58
2021
| Declaration Date |
Record Date |
Payment Date |
Amount |
| February 25, 2021 |
March 22, 2021 |
April 6, 2021 |
$0.225 |
2020
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 10, 2020 |
January 5, 2021 |
January 19, 2021 |
$0.225* |
| September 9, 2020 |
October 2, 2020 |
October 19, 2020 |
$0.225 |
| June 10, 2020 |
July 3, 2020 |
July 22, 2020 |
$0.225 |
| February 27, 2020 |
March 23, 2020 |
April 7, 2020 |
$0.225 |
*The Corporation's Board of Directors declared a quarterly dividend of $0.225 per share on Class A Subordinate Voting Shares and Class B Shares. This dividend is payable on January 19, 2021 to shareholders of record at the close of business on January 5, 2021.
2019
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 12, 2019 |
January 6, 2020 |
January 22, 2020 |
$0.22* |
| September 5, 2019 |
September 30, 2019 |
October 16, 2019 |
$0.22 |
| June 6, 2019 |
July 2, 2019 |
July 17, 2019 |
$0.22 |
| February 28, 2019 |
March 25, 2019 |
April 10, 2019 |
$0.22 |
*The Corporation's Board of Directors declared a quarterly dividend of $0.22 per share on Class A Subordinate Voting Shares and Class B Shares. This dividend is payable on January 22, 2020 to shareholders of record at the close of business on January 6, 2020.
2018
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 13, 2018 |
January 4, 2019 |
January 22, 2019 |
$0.21* |
| September 6, 2018 |
September 28, 2018 |
October 16, 2018 |
$0.21 |
| June 7, 2018 |
June 28, 2018 |
July 11, 2018 |
$0.21 |
| March 1, 2018 |
March 26, 2018 |
April 11, 2018 |
$0.21 |
*The Corporation's Board of Directors declared on December 13, 2018 a quarterly dividend of $0.21 per share on Class A Subordinate Voting shares and Class B shares. This dividend is payable on January 22, 2019 to shareholders of record at the close of business on January 4, 2019.
2017
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 14, 2017 |
January 4, 2018 |
January 23, 2018 |
$0.20* |
| September 7, 2017 |
October 2, 2017 |
October 18, 2017 |
$0.20 |
| June 8, 2017 |
July 3, 2017 |
July 19, 2017 |
$0.20 |
| March 3, 2017 |
April 3, 2017 |
April 19, 2017 |
$0.20 |
*The Corporation's Board of Directors declared on December 14, 2017 a quarterly dividend of $0.20 per share on Class A Subordinate Voting shares and Class B shares. This dividend is payable on January 23, 2018 to shareholders of record at the close of business on January 4, 2018. From this dividend of $0.20 per share, Transcontinental Inc. designates an amount of $0.172 as "eligible dividends". Tax slips issued to shareholders for the year 2018 will therefore reflect that a portion of the $0.20 dividend per share is not an "eligible dividends".
2016
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 6, 2016 |
January 4, 2017 |
January 19, 2017 |
$0.185 |
| September 8, 2016 |
October 3, 2016 |
October 20, 2016 |
$0.185 |
| June 9, 2016 |
July 5, 2016 |
July 21, 2016 |
$0.185 |
| March 9, 2016 |
April 4, 2016 |
April 21, 2016 |
$0.185 |
2015
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 7, 2015 |
January 4, 2016 |
January 20, 2016 |
$0.17 |
| September 10, 2015 |
October 5, 2015 |
October 21, 2015 |
$0.17 |
| June 11, 2015 |
July 6, 2015 |
July 22, 2015 |
$0.17 |
| March 17, 2015 |
April 10, 2015 |
April 30, 2015 |
$0.17 |
2014
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 9, 2014 |
January 2, 2015 |
January 22, 2015 |
$0.16 |
| September 11, 2014 |
October 6, 2014 |
October 24, 2014 |
$0.16 |
| June 5, 2014 |
June 30, 2014 |
July 17, 2014 |
$0.16 |
| March 10, 2014 |
April 4, 2014 |
April 24 2014 |
$0.16 |
2013
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 5, 2013 |
January 3, 2014 |
January 20, 2014 |
$0.145 |
| September 12, 2013 |
October 7, 2013 |
October 25, 2013 |
$0.145 |
| June 6, 2013 |
June 28, 2013 |
July 19, 2013 |
$0.145 |
| March 12, 2013 |
April 5, 2013 |
April 26 2013 |
$1.00 * |
| March 12, 2013 |
April 5, 2013 |
April 26 2013 |
$0.145 |
* Special dividend
2012
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 6, 2012 |
December 31, 2012 |
January 18, 2013 |
$0.145 |
| September 6, 2012 |
October 1, 2012 |
October 19, 2012 |
$0.145 |
| June 7, 2012 |
July 3, 2012 |
July 20, 2012 |
$0.145 |
| March 12, 2012 |
April 6, 2012 |
April 26, 2012 |
$0.145 |
2011
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 8, 2011 |
January 6, 2011 |
January 20, 2012 |
$0.135 |
| September 7, 2011 |
October 3, 2011 |
October 21, 2011 |
$0.135 |
| June 8, 2011 |
July 4, 2011 |
July 22, 2011 |
$0.135 |
| March 9, 2011 |
April 4, 2011 |
April 21, 2011 |
$0.11 |
2010
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 8, 2010 |
January 7, 2011 |
January 21, 2011 |
$0.11 |
| September 8, 2010 |
October 1, 2010 |
October 21, 2010 |
$0.09 |
| June 8, 2010 |
July 2, 2010 |
July 22, 2010 |
$0.09 |
| March 17, 2010 |
April 12, 2010 |
April 30, 2010 |
$0.09 |
2009
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 15, 2009 |
January 8, 2010 |
January 28, 2010 |
$0.08 |
| September 10, 2009 |
October 5, 2009 |
October 23, 2009 |
$0.08 |
| June 11, 2009 |
July 6, 2009 |
July 24, 2009 |
$0.08 |
| March 12, 2009 |
April 6, 2009 |
April 24, 2009 |
$0.08 |
2008
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 11, 2008 |
January 5, 2009 |
January 23, 2009 |
$0.08 |
| September 11, 2008 |
October 6, 2008 |
October 24, 2008 |
$0.08 |
| June 12, 2008 |
July 7, 2008 |
July 25, 2008 |
$0.08 |
| March 13, 2008 |
April 7, 2008 |
April 25, 2008 |
$0.08 |
2007
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 13, 2007 |
January 7, 2008 |
January 25, 2008 |
$0.07 |
| September 13, 2007 |
October 5, 2007 |
October 26, 2007 |
$0.07 |
| June 14, 2007 |
July 9, 2007 |
July 27, 2007 |
$0.07 |
| March 15, 2007 |
April 9, 2007 |
April 27, 2007 |
$0.07 |
2006
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 14, 2006 |
January 8, 2007 |
January 26, 2007 |
$0.065 |
| September 14, 2006 |
October 6, 2006 |
October 29, 2006 |
$0.065 |
| June 14, 2006 |
July 7, 2006 |
July 28, 2006 |
$0.065 |
| March 15, 2006 |
April 10, 2006 |
May 1, 2006 |
$0.065 |
2005
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 15, 2005 |
January 9, 2006 |
January 30, 2006 |
$0.055 |
| September 14, 2005 |
October 10, 2005 |
October 31, 2005 |
$0.055 |
| June 14, 2005 |
July 8, 2005 |
July 28, 2005 |
$0.055 |
| March 17, 2005 |
April 11, 2005 |
May 2, 2005 |
$0.055 |
2004
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 15, 2004 |
January 7, 2005 |
January 28, 2005 |
$0.045 |
| September 14, 2004 |
October 8, 2004 |
October 28, 2004 |
$0.045 |
| June 10, 2004 |
July 5, 2004 |
July 23, 2004 |
$0.045 |
| March 16, 2004 |
April 9, 2004 |
April 30, 2004 |
$0.045 |
2003
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 10, 2003 |
January 5, 2004 |
January 23, 2004 |
$0.035 |
| September 11, 2003 |
October 6, 2003 |
October 27, 2003 |
$0.035 |
| June 11, 2003 |
July 7, 2003 |
July 25, 2003 |
$0.035 |
| March 12, 2003 |
April 1, 2003 |
April 8, 2003 |
$0.035 * |
2002
| Declaration Date |
Record Date |
Payment Date |
Amount |
| December 12, 2002 |
January 15, 2003 |
January 22, 2003 |
$0.035 * |
| September 12, 2002 |
October 11, 2002 |
October 22, 2002 |
$0.035 * |
| May 30, 2002 |
July 3, 2002 |
July 10, 2002 |
$0.035 * |
| February 28, 2002 |
April 5, 2002 |
April 15, 2002 |
$0.035 * |
* Adjusted for stock split
