Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
TrustBIX Inc. is a Canadian technology company focused on delivering data integrity, traceability, and incentive-based solutions primarily for the agri-food and industrial supply chain sectors. The company operates within the digital trust, blockchain-enabled data management, and supply chain verification industries, with a business model centered on software-as-a-service (SaaS), data services, and transaction-based revenues. TrustBIX’s core value proposition is enabling trusted data exchange between multiple stakeholders while aligning incentives to encourage data accuracy and participation.
Founded in 2008, TrustBIX initially operated as a mobile advertising and digital engagement company before undergoing a strategic transformation beginning in the mid-2010s. This evolution included divestment of its original mobile marketing activities and a reorientation toward blockchain-inspired trust and verification solutions for regulated and data-sensitive industries. The company is publicly traded on the TSX Venture Exchange under the symbol TBIX.V and has positioned itself as a niche provider of trusted data infrastructure rather than a broad enterprise blockchain platform.
Business Operations
TrustBIX’s operations are organized around its TrustBIX Platform, which facilitates secure data sharing, validation, and incentive distribution among participants in supply chains and industrial ecosystems. Revenue is generated through platform licensing, subscription fees, transaction volumes, and service contracts with enterprise and institutional customers. The company’s solutions are designed to be interoperable with existing enterprise systems rather than replacing them, reducing adoption friction for customers.
A significant operational focus is on agri-food traceability, livestock identification, and sustainability data, as well as industrial use cases such as safety compliance and operational verification. TrustBIX operates primarily from Canada but delivers services digitally to customers and partners in multiple jurisdictions. Its technology stack includes distributed ledger concepts, data validation logic, and analytics layers, though the company does not position itself as a public cryptocurrency or token issuer.
Strategic Position & Investments
Strategically, TrustBIX aims to establish itself as a trusted intermediary for verifiable data in sectors where regulatory oversight, food safety, and sustainability reporting are critical. Growth initiatives have focused on expanding enterprise partnerships, increasing transaction volumes on its platform, and embedding its technology deeper into customer workflows. The company has emphasized capital-light growth, favoring platform development and partnerships over asset-heavy expansion.
TrustBIX has made targeted investments and acquisitions to support this strategy, most notably through its majority ownership in TrustBIX Analytics Inc., which supports data analytics and platform development. The company has also pursued strategic collaborations with industry participants and technology providers to accelerate adoption of its solutions. Public disclosures indicate a continued focus on emerging regulatory-driven demand for traceability and ESG-related data, though the commercial scale of these opportunities remains evolving.
Geographic Footprint
TrustBIX is headquartered in Canada, with its principal offices and management team based domestically. Its primary market presence is in North America, where regulatory frameworks and supply chain digitization initiatives have supported early adoption of its solutions. The company serves customers across Canada and the United States, particularly in agriculture and food production.
Internationally, TrustBIX has indicated exposure to Europe and other global markets through pilot projects, partnerships, and data flows on its platform, rather than through extensive physical operations. Its geographic strategy emphasizes scalable digital deployment, allowing the company to participate in global supply chains without maintaining large international offices or infrastructure.
Leadership & Governance
TrustBIX is led by an experienced executive team with backgrounds in technology, capital markets, and operations. The company’s governance structure includes a board of directors responsible for oversight, strategic direction, and compliance with public company requirements. Leadership has consistently articulated a vision centered on building trusted data ecosystems and monetizing data integrity rather than data ownership.
Key executives include:
- Hubert Lau – Chief Executive Officer
- Jeff Hand – Chief Financial Officer
- David Pidduck – Chief Technology Officer
- Peter Wood – Chair of the Board
Management’s stated philosophy emphasizes disciplined capital allocation, regulatory alignment, and incremental platform adoption, reflecting the company’s position as a small-cap public issuer operating in highly regulated and trust-sensitive industries.