Loblaw (TSX:L) Dividend Payout Ratio

: 0.26 (As of Dec. 2023)

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Loblaw's dividend payout ratio for the months ended in Dec. 2023 was 0.26.

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

TSX:L' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.27 Max: 6.96
Current: 0.27

During the past 13 years, the highest Dividend Payout Ratio of Loblaw was 6.96. The lowest was 0.23. And the median was 0.27.

TSX:L's Dividend Payout Ratio is ranked better than
64.09% of 181 companies
in the Retail - Defensive industry
Industry Median: 0.32 vs TSX:L: 0.27

As of today (2024-04-24), the Dividend Yield % of Loblaw is 1.19%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Loblaw was 2.80%. The lowest was 1.14%. And the median was 1.79%.

Loblaw's Dividends per Share for the months ended in Dec. 2023 was C$0.45.

During the past 12 months, Loblaw's average Dividends Per Share Growth Rate was 10.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Loblaw was 32.60% per year. The lowest was 0.40% per year. And the median was 6.60% per year.

The growth rate is calculated with least square regression.

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

Loblaw Dividend Payout Ratio Historical Data

The historical data trend for Loblaw'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.

Loblaw Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.30

0.31

0.25

0.23

Loblaw Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.26	0.31	0.28	0.23	0.26

Competitive Comparison

For the Grocery Stores subindustry, Loblaw'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.

Loblaw Dividend Payout Ratio Distribution

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

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

Loblaw Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Loblaw's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.743	/	7.75
	=	0.22

Loblaw's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.446	/	1.71
	=	0.26

Loblaw (TSX:L) Dividend Payout Ratio Explanation

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.

Loblaw Dividend Payout Ratio Related Terms

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Loblaw (TSX:L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Loblaw Companies Ltd (TSX:L) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LBLCF:USA L.PR.B.PFD:Canada

Address

1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5

Website

https://www.loblaw.ca

Loblaw is Canada's largest retailer, operating 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw's controlling shareholder with a 53% stake.