Canlan Ice Sports (TSX:ICE) Dividend Payout Ratio: 0.09 (As of Mar. 2026) — 79% Below Median

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TSX:ICE Canlan Ice Sports Corp TSX:ICE
72 GF Score
Price C$4.36
GF Value C$4.59
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Canlan Ice Sports Dividend Payout Ratio?

Canlan Ice Sports TSX:ICE 72 Dividend Payout Ratio is 0.09 as of Mar. 2026, which is 79% below its 10-year median of 0.42. GuruFocus rates TSX:ICE with a GF Score™ of 72/100 and a GF Value™ of C$4.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 343 Travel & Leisure companies, Canlan Ice Sports ranks better than 51.31% 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. Canlan Ice Sports's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.09.

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

TSX:ICE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.42   Max: 2.4
Current: 0.42


During the past 13 years, the highest Dividend Payout Ratio of Canlan Ice Sports was 2.40. The lowest was 0.09. And the median was 0.42.

TSX:ICE's Dividend Payout Ratio is ranked better than
51.31% of 343 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs TSX:ICE: 0.42

As of today (2026-07-14), the Dividend Yield % of Canlan Ice Sports is 2.75%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canlan Ice Sports was 3.81%. The lowest was 0.75%. And the median was 2.15%.

Canlan Ice Sports's Dividends per Share for the months ended in Mar. 2026 was C$0.03.

During the past 3 years, the average Dividends Per Share Growth Rate was 58.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canlan Ice Sports was 74.70% per year. The lowest was -34.10% per year. And the median was 5.90% 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.


Canlan Ice Sports (TSX:ICE) 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.


Canlan Ice Sports Dividend Payout Ratio Related Terms


Canlan Ice Sports Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Canlan Ice Sports'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.

Canlan Ice Sports Dividend Payout Ratio Chart

Canlan Ice Sports 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 0.00 0.09 2.40 0.47 0.42

Canlan Ice Sports 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 0.09 0.00 0.00 0.19 0.09

TSX:ICE vs AS, HAS, LTH: Dividend Payout Ratio Comparison

For the Leisure subindustry, Canlan Ice Sports'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.


Canlan Ice Sports Dividend Payout Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Canlan Ice Sports's Dividend Payout Ratio falls into.


TSX:ICE
72GF Score
Canlan Ice Sports Corp TSX:ICE
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canlan Ice Sports 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.

Canlan Ice Sports'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 )
=0.12/ 0.289
=0.42

Canlan Ice Sports'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 )
=0.03/ 0.332
=0.09

* 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 0.09 mean?
Canlan Ice Sports (TSX:ICE) has a Dividend Payout Ratio of 0.09 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Canlan Ice Sports and its competitors. This is 79% below median its historical median of 0.42. Over the past decade, Canlan Ice Sports' Dividend Payout Ratio has ranged from 0.09 to 2.40. According to the industry distribution chart, Canlan Ice Sports ranks #167 out of 343 companies in the Travel & Leisure industry, placing it in the top 48.7%.
Is Canlan Ice Sports' Dividend Payout Ratio too high?
Canlan Ice Sports' current Dividend Payout Ratio of 0.09 is 79% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 2.40. The Travel & Leisure industry median Dividend Payout Ratio is 0.43. Canlan Ice Sports' value of 0.09 is 79.1% below this industry median. Based on the distribution chart, Canlan Ice Sports ranks #167 out of 343 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Canlan Ice Sports has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canlan Ice Sports' Dividend Payout Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Canlan Ice Sports ranks #167 out of 343 companies for Dividend Payout Ratio. This puts Canlan Ice Sports in the upper half of its industry. The industry median Dividend Payout Ratio is 0.43. Canlan Ice Sports' value of 0.09 is 79.1% below this benchmark. Historically, Canlan Ice Sports' own Dividend Payout Ratio has ranged from 0.09 to 2.40 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.43, Canlan Ice Sports has consistently been below 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 Travel & Leisure company?
The median Dividend Payout Ratio among Travel & Leisure companies is 0.43, based on 343 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. Canlan Ice Sports's current Dividend Payout Ratio of 0.09 is 79.1% below 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 Canlan Ice Sports and its competitors. For the Travel & Leisure industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canlan Ice Sports's current Dividend Payout Ratio is 0.09, which is 79% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canlan Ice Sports stock overvalued right now?
Based on GuruFocus' analysis, Canlan Ice Sports (TSX:ICE) is currently considered Fairly Valued. The stock's GF Value™ is C$4.59, compared to a current price of C$4.36 — trading 5% below its estimated fair value. The current Dividend Payout Ratio is 0.09, which is 79% below median its 10-year median of 0.42 and 79.1% below the Travel & Leisure industry median of 0.43. Canlan Ice Sports' overall GF Score™ is 72/100 with 4 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 Canlan Ice Sports (TSX:ICE), the current Dividend Payout Ratio is 0.09 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 Canlan Ice Sports (TSX:ICE) Overvalued in 2026?

Based on GuruFocus' analysis, Canlan Ice Sports stock appears to be undervalued. The current stock price of C$4.36 is trading 5% below its estimated GF Value™ of C$4.59. GuruFocus considers Canlan Ice Sports to be Fairly Valued.

Key valuation signals for TSX:ICE:

  • Dividend Payout Ratio: 0.09 (79% below median its 10-year median of 0.42)
  • GF Value™: C$4.59 vs. price of C$4.36 (5% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 79.1% below the Travel & Leisure median (#167 of 343)

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


Canlan Ice Sports Business Description

Other Exchanges QV5:Germany
Address 6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment, which is an Ice rink and recreational facilities, that derives revenue from food and beverage, sports stores, sponsorship, Others, space rental, management, and consulting fees. Geographically, it generates the majority of its revenue from Canada.
72GF Score

Get the complete analysis for TSX:ICE

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

C$4.36
Price
C$4.59
GF Value