About Tribune Publishing Company (TPCO) — Dividend Analysis 2026
Tribune Publishing Company, together with subsidiaries, publishes newspapers worldwide. The company operates in two segments, M and X. It publishes daily newspapers, weekly newspapers, and niche publications and direct mails; and operates local websites and mobile applications. The company also provides various digital marketing services, which include the development of mobile websites, search engine marketing and optimization, social media account management, and content marketing for its customers' web presence for small to medium size businesses. In addition, it operates Tribune Content Agency, a syndication and licensing business that provides daily news service and syndicated premium content to approximately 2,000 media and digital information publishers. Tribune Publishing Company operates in eight markets with Chicago Tribune, New York Daily News, The Baltimore Sun, Orlando Sentinel Sun Sentinel, Daily Press and The Virginian-Pilot, The Morning Call of Lehigh Valley, Pennsylvania, and the Hartford Courant titles; and BestReviews engages in business of testing, researching, and reviewing consumer products. The company was formerly known as tronc, Inc. and changed its name to Tribune Publishing Company in October 2018. Tribune Publishing Company was founded in 2013 and is headquartered in Chicago, Illinois.
Is TPCO a good dividend investment in 2026?
TPCO offers a 16.66% forward yield with a 50% payout ratio. Strand Safety Score: 40/100 (High Risk). The 5-year dividend CAGR of -50% is modest — investors should weigh current income against growth alternatives.
TPCO DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your TPCO portfolio grows to $45.58 vs $1.7K without reinvestment. This is the compound interest effect in action.
TPCO dividend growth history & forecast
TPCO has grown its dividend by 0% over the last year and -50% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 16.66%.
Company not generating EBITDA — debt servicing risk is elevated
Earnings Momentum-0.0B → -0.0B → +0.2B
0 / 30 pts
0/30
Company is reporting net losses — dividend sustainability is in question
OVERALL ASSESSMENT
Dividend sustainability questionable — consider alternative income stocks.
STRAND SCORE
40
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 TPCO Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold TPCO.
Gross yield
16.66%
Tax rate
15.00%
After-tax yield
14.16%
Real yield (−CPI)
11.36%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
16.66%
13.86%
$1,666 / yr
🇺🇸 US Taxable (15%) ✓
15%
14.16%
11.36%
$1,416 / yr
🇺🇸 US Taxable (20%)
20%
13.33%
10.53%
$1,333 / yr
🇬🇧 UK ISA
0%
16.66%
13.86%
$1,666 / yr
🇬🇧 UK Taxable
8.75%
15.20%
12.40%
$1,520 / yr
🇨🇦 TFSA
0%
16.66%
13.86%
$1,666 / yr
🇨🇦 CA Taxable
25%
12.50%
9.70%
$1,250 / yr
🇦🇺 Super (pension)
15%
14.16%
11.36%
$1,416 / yr
🇦🇺 AU Taxable
30%
11.66%
8.86%
$1,166 / yr
🇩🇪 DE Taxable
26.375%
12.27%
9.47%
$1,227 / yr
🇫🇷 FR Taxable
30%
11.66%
8.86%
$1,166 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 TPCO Income Goal & Break-Even
Dividend Break-Even
50yr+
Years for dividends to fully repay your TPCO investment of $17.26/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$1.6K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$-828.98
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in TPCO for:
Shares needed
9,821
Capital required
$169,510
Monthly income
$2,000
Based on current dividend of $2.87/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 TPCO Dividend Payment Schedule
TPCO pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$6.11 / payment
$24.44 / year after tax
100 shares
$61.09 / payment
$244.37 / year after tax
1,000 shares
$610.94 / payment
$2443.75 / year after tax
📊 TPCO vs Communication Services Benchmarks
How TPCO compares to typical Communication Services averages.
Benchmark: Communication Services
Dividend Yield▲+14.36% vs sectorBetter
TPCO
16.66%
avg
2.30%
5Y Dividend CAGR▼-55.20% vs sectorBelow avg
TPCO
-50.00%
avg
5.20%
Payout Ratio▼+2.00% vs sectorBelow avg
TPCO
50.00%
avg
48.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for TPCO sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ TPCO Insider Activity
When executives buy their own stock, it's a signal they believe in the dividend's sustainability.
Insider
Title
Type
Date
Shares
Price
Total Value
Alden Global Capital LLC
director, 10 percent owner, officer: See Remarks
J-Other
2021-05-24
11,554,306
—
—
Alden Global Capital LLC
director, 10 percent owner, officer: See Remarks
A-Award
2021-05-24
26,183,280
$17.25
$451.66M
Alden Global Capital LLC
director, 10 percent owner, officer: See Remarks
A-Award
2021-05-24
15,522
$14.87
$230.8K
Alden Global Capital LLC
director, 10 percent owner, officer: See Remarks
D-Return
2021-05-24
11,554,306
—
—
Alden Global Capital LLC
director, 10 percent owner, officer: See Remarks
J-Other
2021-05-24
5,198,925
—
—
Needleman Dana Goldsmith
director
D-Return
2021-05-24
19,586
$17.25
$337.9K
RECK RICHARD A
director
D-Return
2021-05-24
38,134
—
—
RECK RICHARD A
director
D-Return
2021-05-24
56,457
$17.25
$973.9K
Crenshaw Carol
director
D-Return
2021-05-24
37,764
—
—
Crenshaw Carol
director
D-Return
2021-05-24
46,457
$17.25
$801.4K
Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the TPCO dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →