CDNTF (Canadian Tire) Dividend Payout Ratio: 0.89 (As of Mar. 2026) — 178% Above Median


CDNTF Canadian Tire Corp Ltd CDNTF
62 GF Score
Price $187.03
GF Value $161.41
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Canadian Tire Dividend Payout Ratio?

Canadian Tire CDNTF 62 Dividend Payout Ratio is 0.89 as of Mar. 2026, which is 178% above its 10-year median of 0.32. GuruFocus rates CDNTF with a GF Score™ of 62/100 and a GF Value™ of $161.41 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 513 Retail - Cyclical companies, Canadian Tire ranks worse than 67.25% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Canadian Tire's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.89.

The historical rank and industry rank for Canadian Tire's Dividend Payout Ratio or its related term are showing as below:

CDNTF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.32   Max: 0.95
Current: 0.59


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 0.32.

CDNTF's Dividend Payout Ratio is ranked worse than
67.25% of 513 companies
in the Retail - Cyclical industry
Industry Median: 0.41 vs CDNTF: 0.59

As of today (2026-06-27), the Dividend Yield % of Canadian Tire is 2.77%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canadian Tire was 5.42%. The lowest was 1.42%. And the median was 2.84%.

Canadian Tire's Dividends per Share for the months ended in Mar. 2026 was $1.31.

During the past 12 months, Canadian Tire's average Dividends Per Share Growth Rate was 1.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 10.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 14.20% per year.

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 0.00% per year. And the median was 12.00% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Canadian Tire (OTCPK:CDNTF) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.


Canadian Tire Dividend Payout Ratio Related Terms


Canadian Tire Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Canadian Tire's Dividend Payout Ratio 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.

Canadian Tire Dividend Payout Ratio Chart

Canadian Tire Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.31 0.95 0.47 0.67

Canadian Tire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.63 0.58 0.57 0.45 0.89

CDNTF vs CASY, WSM, ULTA: Dividend Payout Ratio Comparison

For the Specialty Retail subindustry, Canadian Tire's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Canadian Tire's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Canadian Tire's Dividend Payout Ratio falls into.


CDNTF
62GF Score
Canadian Tire Corp Ltd CDNTF
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canadian Tire Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Canadian Tire's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=5.147/ 7.662
=0.67

Canadian Tire's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=1.312/ 1.472
=0.89

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.89 mean?
Canadian Tire (CDNTF) has a Dividend Payout Ratio of 0.89 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Canadian Tire and its competitors. This is 178% above median its historical median of 0.32. Over the past decade, Canadian Tire's Dividend Payout Ratio has ranged from 0.24 to 0.95. According to the industry distribution chart, Canadian Tire ranks #345 out of 513 companies in the Retail - Cyclical industry, placing it in the top 67.3%.
Is Canadian Tire's Dividend Payout Ratio too high?
Canadian Tire's current Dividend Payout Ratio of 0.89 is 178% above median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 0.95. The Retail - Cyclical industry median Dividend Payout Ratio is 0.41. Canadian Tire's value of 0.89 is 117.1% above this industry median. Based on the distribution chart, Canadian Tire ranks #345 out of 513 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Canadian Tire has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canadian Tire's Dividend Payout Ratio compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Canadian Tire ranks #345 out of 513 companies for Dividend Payout Ratio. This places Canadian Tire in the lower half of its industry. The industry median Dividend Payout Ratio is 0.41. Canadian Tire's value of 0.89 is 117.1% above this benchmark. Historically, Canadian Tire's own Dividend Payout Ratio has ranged from 0.24 to 0.95 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.41, Canadian Tire has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Retail - Cyclical company?
The median Dividend Payout Ratio among Retail - Cyclical companies is 0.41, based on 513 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Tire's current Dividend Payout Ratio of 0.89 is 117.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Canadian Tire and its competitors. For the Retail - Cyclical industry, the median Dividend Payout Ratio is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Tire's current Dividend Payout Ratio is 0.89, which is 178% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Tire stock overvalued right now?
Based on GuruFocus' analysis, Canadian Tire (CDNTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $161.41, compared to a current price of $187.03 — trading 15.9% above its estimated fair value. The current Dividend Payout Ratio is 0.89, which is 178% above median its 10-year median of 0.32 and 117.1% above the Retail - Cyclical industry median of 0.41. Canadian Tire's overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Canadian Tire (CDNTF), the current Dividend Payout Ratio is 0.89 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Canadian Tire (CDNTF) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Tire stock appears to be overvalued. The current stock price of $187.03 is trading 15.9% above its estimated GF Value™ of $161.41. GuruFocus considers Canadian Tire to be Modestly Overvalued.

Key valuation signals for CDNTF:

  • Dividend Payout Ratio: 0.89 (178% above median its 10-year median of 0.32)
  • GF Value™: $161.41 vs. price of $187.03 (15.9% above fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 117.1% above the Retail - Cyclical median (#345 of 513)

No single metric tells the full story. See the CDNTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Canadian Tire Business Description

Address 2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8
Canadian Tire is a leading general merchandise retailer with over 1,400 affiliated stores across Canada. The company operates about 650 stores, with the remaining operated by franchisees or third-party dealers. The retailer boasts a wide array of owned and affiliated banners that include its iconic namesake brand, Mark's, Sport Chek, Sports Experts, PartSource, and Party City. Its product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 12 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.
62GF Score

Get the complete analysis for CDNTF

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$187.03
Price
$161.41
GF Value