Canadian Tire's dividends per share for the
three
months ended in Dec. 2023 was C$1.73. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was C$6.90. Its Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.56. As of today, Canadian Tire's Dividend Yield % is 2.73%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Canadian Tire Corp Ltd is 0.95, which seems too high.
Good Sign:
Canadian Tire Corp Ltd stock dividend yield is close to 10-year high.
During the past 12 months, Canadian Tire's average Dividends Per Share Growth Rate was 17.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 14.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 13.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 16.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canadian Tire was 21.70% per year. The lowest was 5.30% per year. And the median was 14.10% per year.
For more information regarding to dividend, please check our Dividend Page.
Canadian Tire Dividends per Share Historical Data
The historical data trend for Canadian Tire's Dividends per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Canadian Tire's Dividends per Share
For the Specialty Retail subindustry, Canadian Tire's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Canadian Tire's Dividend Yield % Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Canadian Tire's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Canadian Tire's Dividend Yield % falls into.
Canadian Tire Dividends per Share Calculation
Dividends paid to per common share.
Canadian Tire (TSX:CTC) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Canadian Tire's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of Canadian Tire was 0.95. The lowest was 0.24. And the median was 0.28.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Canadian Tire Corp Ltd is 0.95, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Canadian Tire Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 1.750
2024-01-30
2024-01-31
2024-03-01
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 1.725
2023-10-30
2023-10-31
2023-12-01
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 1.725
2023-07-28
2023-07-31
2023-09-01
Cash Dividend
quarterly
CAD:CAD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Canadian Tire's Dividend Yield (%) for Today is calculated as
Current Share Price is C$253.33.
Canadian Tire's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$5.2.
During the past 13 years, the highest Dividend Yield of Canadian Tire was 5.40%. The lowest was 1.34%. And the median was 2.21%.
Good Sign:
Canadian Tire Corp Ltd stock dividend yield is close to 10-year high.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Canadian Tire Dividends per Share Related Terms
Thank you for viewing the detailed overview of Canadian Tire's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Canadian Tire sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories, and vehicle fuel through a roughly 1,700-store network of company, dealer, and franchisee-operated locations across Canada. Aside from the namesake banner, stores operate primarily under the Mark's, SportChek, Party City, Atmosphere, and PartSource monikers. Additionally, the company owns Helly Hansen, a Norwegian sportswear and workwear brand, and also operates and holds majority ownership of a financing arm (Canadian Tire Financial Services; 20% owned by Scotiabank) and a REIT (CT REIT; Canadian Tire owns about 70%).
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