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George Weston (TSX:WN.PR.C.PFD) Forward Dividend Yield %

: 6.56% (As of Today)
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As of today (2024-04-18), the Forward Annual Dividend Yield of George Weston is 6.56%.

As of today (2024-04-18), the Trailing Annual Dividend Yield of George Weston is 6.56%.

TSX:WN.PR.C.PFD's Forward Dividend Yield % is ranked worse than
75.73% of 206 companies
in the Retail - Defensive industry
Industry Median: 2.795 vs TSX:WN.PR.C.PFD: 6.56

George Weston's Dividends per Share for the three months ended in Dec. 2023 was C$0.00.

During the past 12 months, George Weston's average Dividends Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of George Weston was 42.40% per year. The lowest was -25.30% per year. And the median was 5.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Grocery Stores subindustry, George Weston's Forward Dividend Yield %, along with its competitors' market caps and Forward 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.


George Weston Forward Dividend Yield % Distribution

For the Retail - Defensive industry and Consumer Defensive sector, George Weston's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where George Weston's Forward Dividend Yield % falls into.



George Weston Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

George Weston Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.3252024-03-142024-03-152024-04-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3252023-12-142023-12-152024-01-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3252023-09-142023-09-152023-10-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.3252023-06-142023-06-152023-07-01Cash DividendquarterlyCAD: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.

George Weston's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.3/19.72
=6.59 %

Current Share Price is C$19.72.
George Weston's Dividends per Share for the forward twelve months is calculated as C$0.325 * 4 = C$1.3.

George Weston's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.3/19.72
=6.59 %

Current Share Price is C$19.72.
George Weston's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$1.3.

* 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.


George Weston  (TSX:WN.PR.C.PFD) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


George Weston Forward Dividend Yield % Related Terms

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George Weston (TSX:WN.PR.C.PFD) Business Description

Address
22 St. Clair Avenue East, Suite 1901, Toronto, ON, CAN, M4T 2S7
George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages 702 commercial and residential properties in Canada, generating 57% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.

George Weston (TSX:WN.PR.C.PFD) Headlines

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