National Bank Financial upgraded shares of Transcontinental Inc. (TSE:TCL) from a sector perform market weight rating to an outperform market weight rating in a research note issued to investors on Thursday morning.
The company also recently declared a quarterly dividend, which was paid on Wednesday, October 18th. Shareholders of record on Monday, October 2nd were given a $0.20 dividend. The ex-dividend date was Friday, September 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of Infinity.
Transcontinental Inc is a printing company. The Company has operations in print, flexible packaging, publishing and digital media, both in Canada and the United States. The Company’s segments include the Printing and Packaging Sector, and the Media Sector. The Printing and Packaging Sector includes the manufacturing activities of the Company, and generates revenues from various activities, such as the printing of retail flyers, magazines, newspapers, color books, personalized and mass marketing products, and the production of flexible packaging solutions in Canada and the United States.
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