CDNTF (Canadian Tire) Dividend Payout Ratio : 0.24 (As of Dec. 2024)

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What is Canadian Tire Dividend Payout Ratio?

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 Dec. 2024 was 0.24.

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: 0.31 Max: 0.95
Current: 0.44

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 0.31.

CDNTF's Dividend Payout Ratio is ranked worse than
51.62% of 525 companies
in the Retail - Cyclical industry
Industry Median: 0.42 vs CDNTF: 0.44

As of today (2025-03-14), the Dividend Yield % of Canadian Tire is 3.08%.

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 2.58%.

Canadian Tire's Dividends per Share for the months ended in Dec. 2024 was $1.23.

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 14.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.20% 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 5.30% per year. And the median was 14.20% 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 Dividend Payout Ratio Historical Data

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.

* Premium members only.

Canadian Tire Dividend Payout Ratio Chart

Canadian Tire Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dividend Payout Ratio

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0.37

0.25

0.31

0.95

0.44

Canadian Tire Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.56	1.27	0.49	0.49	0.24

Competitive Comparison of Canadian Tire's Dividend Payout Ratio

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's Dividend Payout Ratio Distribution in the 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.

Canadian Tire Dividend Payout Ratio Calculation

Canadian Tire's Dividend Payout Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2024 )	/	EPS without NRI (A: Dec. 2024 )
	=	4.913	/	11.174
	=	0.44

Canadian Tire's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	1.228	/	5.18
	=	0.24

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

Thank you for viewing the detailed overview of Canadian Tire's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Tire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Canadian Tire Corp Ltd (OTCPK:CDNTF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

CDNAF:USA YAAA:Germany CTC.A:Canada CTC:Canada

Address

2180 Yonge Street, P.O. Box 770, Station K, Toronto, ON, CAN, M4P 2V8

Website

https://www.corp.canadiantire.ca

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, Party City, and Helly Hansen. Its wide product assortment includes automotive parts, appliances, home improvement items, sporting goods, and apparel. The firm also offers a loyalty program with 11 million members and owns a financial services arm that manages a credit card portfolio for its more than 2 million active users.