Thomson Reuters Corp Q4 2020 Earnings Call Transcript - Thomson StreetEvents

Thomson Reuters Corp Q4 2020 Earnings Call Transcript

Thomson Reuters Corp Q4 2020 Earnings Call Transcript - Thomson StreetEvents
Thomson Reuters Corp Q4 2020 Earnings Call Transcript
Published Feb 23, 2021
21 pages (14357 words) — Published Feb 23, 2021
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Abstract:

Edited Transcript of TRI.TO earnings conference call or presentation 23-Feb-21 1:30pm GMT

  
Brief Excerpt:

...Operator Ladies and gentlemen, thank you for standing by, and welcome to the Thomson Reuters Fourth Quarter and Full Year Earnings Conference Call. (Operator Instructions) As a reminder, today's conference is being recorded. I would now like to turn the conference over to our host, Frank Golden, Head of Investor Relations. Please go ahead. Frank J. Golden ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Thomson Reuters Corp
Ticker
TRI.TO
Time
1:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Vince Valentini - TD Securities Equity Research - Analyst : Just looking at the dividend. If you take the new dividend over $1.62 in the midpoint of the 2021 free cash flow guidance, that's obviously a bit of an elevated payout ratio at 77%. But if we just assume that 7% is now the new normal and you increased it 7% in each of the subsequent 2 years, you'd be back to just under 50% by my math on your 2023 guidance. So I just want to make sure you can level set us on that. Is 7% some sort of one-off catch-up dividend increase? Or should we take this as a signal of what you think the dividend growth potential is for the next couple of years as you go through this cycle?

Question: Vince Valentini - TD Securities Equity Research - Analyst : Okay. And just to clarify on taxes. The money you're talking about, $90 million soon and then another $600 million to $700 million owed in the U.K., is that a separate amount from the $700 million on the LSE transaction? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 23, 2021 / 1:30PM, TRI.TO - Q4 2020 Thomson Reuters Corp Earnings Call

Table Of Contents

Thomson Reuters Corp at TD Securities Telecom & Media Virtual Conference Transcript – 2021-05-26 – US$ 54.00 – Edited Transcript of TRI.TO presentation 26-May-21 5:30pm GMT

Thomson Reuters Corp at Barclays Americas Select Franchise Virtual Conference Transcript – 2021-05-18 – US$ 54.00 – Edited Transcript of TRI.TO presentation 18-May-21 2:00pm GMT

Thomson Reuters Corp Q1 2021 Earnings Call Transcript – 2021-05-04 – US$ 54.00 – Edited Transcript of TRI.TO earnings conference call or presentation 4-May-21 12:30pm GMT

Thomson Reuters Corp at Bank of America Information Services Conference Transcript – 2021-03-18 – US$ 54.00 – Edited Transcript of TRI.TO presentation 18-Mar-21 1:45pm GMT

Thomson Reuters Corp 2021 Investor Day Transcript – 2021-03-16 – US$ 54.00 – Edited Transcript of TRI.TO corporate analyst meeting</ 16-Mar-21 12:30pm GMT

Thomson Reuters Corp Q3 2020 Earnings Call Transcript – 2020-11-03 – US$ 54.00 – Edited Transcript of TRI.TO earnings conference call or presentation 3-Nov-20 1:30pm GMT

Thomson Reuters Corp Q2 2020 Earnings Call Transcript – 2020-08-05 – US$ 54.00 – Edited Transcript of TRI.TO earnings conference call or presentation 5-Aug-20 12:30pm GMT

Thomson Reuters Corp Annual Shareholders Meeting Transcript – 2020-06-03 – US$ 54.00 – Edited Transcript of TRI.TO shareholder or annual meeting 3-Jun-20 4:00pm GMT

Thomson Reuters Corp at TD Securities Telecom & Media Virtual Conference Transcript – 2020-05-27 – US$ 54.00 – Edited Transcript of TRI.TO presentation 27-May-20 4:55pm GMT

Thomson Reuters Corp at Barclays Americas Select Franchise Conference (Virtual) Transcript – 2020-05-12 – US$ 54.00 – Edited Transcript of TRI.TO presentation 12-May-20 4:00pm GMT

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Thomson StreetEvents. "Thomson Reuters Corp Q4 2020 Earnings Call Transcript" Feb 23, 2021. Alacra Store. May 22, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2020-Thomson-Reuters-Corp-Earnings-Call-T13588437>
  
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Thomson StreetEvents. (2021). Thomson Reuters Corp Q4 2020 Earnings Call Transcript Feb 23, 2021. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2020-Thomson-Reuters-Corp-Earnings-Call-T13588437>
  
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