Transcontinental cuts its plastic use

TRANSCONTINENTAL INC. $19 is still a buy for aggressive investors. Canada’s leading commercial printer (Toronto symbol TCL.A; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 87.0 million; Market cap: $1.7 billion; Price-to-sales ratio: 0.6; Dividend yield: 4.7%; TSINetwork Rating: Average; has sold most of its newspapers and other… Read More

Get a 4.7% yield from Transcontinental Inc.

Get a 4.7% yield from Transcontinental Inc.

Asset sales and reduced demand because of COVID-19 led to a 19.4% revenue drop for this company during the most-recent quarter. 

However, its ongoing shift to packaging should cut long-term risk and help support the dividend. 

TRANSCONTINENTAL INC. (Toronto symbol TCL.A; is Canada’s leading commercial printer… Read More