1
Derived from payout historyIncome reliability
Quarterly income profile is visible
PRL.TO has an income profile aligned with its dividend company role. Provider data shows 4 recent payout records.
Market dataIncome framework read
Dividend CompanyTSXCanada
PRL.TO
Propel Holdings
FinancialsPlain dividendUnknown
Market Snapshot
$24.11
-$0.59 (-2.39%)
Toronto
Yield
4.13%
Rate $1.02
Next Payment
—
Ex-date 2026-08-14
52wk Position
55.23%
-18.77% below high
Updated —
Decision Area
Distribution and DRIP Defense
Payout history, default DRIP coverage, and price creep pressure using market data where available.
Distribution Chart
Last 12 payments
Confirmed Expected
Coverage Ratio Test
DRIP defense check
- Cash
- $25.50
- APR
- 1.058
- Coverage
- 1.058
At Risk. Coverage is above breakeven but inside the defended margin. Monitor price creep or top up shares.
Price Creep
Defended price ceiling
- Max defended
- $25.50
- Cushion
- $1.39
- Cushion %
- 5.77%
Current $24.11Break $25.50
Smart Recommendation
PRL.TO is close enough to defend, but small price moves can weaken the rung.
Research Signals
Research in progress
DRIP availability
Pending
Tax character
Pending
Distribution history
Pending
Structure Overview
This is a publicly traded company that pays regular cash dividends to shareholders. Canadian-listed dividend companies typically pay eligible dividends, which qualify for the dividend tax credit in non-registered accounts. Payout policy, frequency, and sustainability vary by issuer; verify the current distribution policy directly with the company.
Canadian Planning Notes
- 1Eligible dividends from Canadian corporations are taxed more favourably in a non-registered account than foreign dividends or interest income.
- 2DRIP availability varies by issuer and broker; confirm whether your plan offers optional cash purchase (OCP) alongside the dividend reinvestment.
- 3Always verify the current payout policy, ex-dividend date, and recent financial results with the issuer before including this holding in a plan.
Market Facts
Market Data
A factual market, distribution, valuation, and financial snapshot for this holding.
Canadian Context
Account placement
Non-registered
Eligible Canadian dividends qualify for the dividend tax credit, which can improve after-tax income in taxable accounts.
TFSA: Tax-free growth and withdrawals.
RRSP: Tax-deferred growth, with withdrawals taxed as regular income.
Eligible dividend tax credit
- Total credit
- $345.27
- Effective rate
- 34.53%
Broker DRIP status
Questrade
Available
Wealthsimple
Available
RBC Direct Investing
Available
TD Direct Investing
Available
Run Your Numbers
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Related Holdings
This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.