TFI International Inc (TSE:TFI) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of TFI International Inc (TSE:TFI) have earned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and two have issued a strong buy rating on the company.

A number of analysts have commented on TFI shares. National Bank Financial cut TFI International from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 26th. Stephens downgraded TFI International from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 1st. Wolfe Research upgraded shares of TFI International to a “strong-buy” rating in a report on Wednesday, October 9th. Desjardins cut shares of TFI International from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Finally, Citigroup raised shares of TFI International to a “strong-buy” rating in a report on Wednesday, October 9th.

TFI International Stock Performance

TFI International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.609 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This is an increase from TFI International’s previous quarterly dividend of $0.54. This represents a $2.44 dividend on an annualized basis and a yield of ∞.