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CDNAF (Canadian Tire) Dividend Yield % : 4.68% (As of Dec. 11, 2024)


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What is Canadian Tire Dividend Yield %?

As of today (2024-12-11), the Trailing Annual Dividend Yield of Canadian Tire is 4.68%.

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

CDNAF' s Dividend Yield % Range Over the Past 10 Years
Min: 1.39   Med: 2.54   Max: 5.42
Current: 4.68

During the past 13 years, the highest Dividend Yield of Canadian Tire was 5.42%. The lowest was 1.39%. And the median was 2.54%.

CDNAF's Dividend Yield % is ranked better than
75.61% of 574 companies
in the Retail - Cyclical industry
Industry Median: 2.505 vs CDNAF: 4.68

Canadian Tire's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.49.

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 0.28.

As of today (2024-12-11), the Forward Dividend Yield % of Canadian Tire is 4.69%.

Canadian Tire's Dividends per Share for the three months ended in Sep. 2024 was $1.29.

During the past 12 months, Canadian Tire's average Dividends Per Share Growth Rate was 2.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 16.50% 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 14.10% 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 Yield % Historical Data

The historical data trend for Canadian Tire's Dividend Yield % 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 Yield % Chart

Canadian Tire Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 2.59 2.61 4.31 4.79

Canadian Tire Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Dividend Yield % 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 4.67 4.79 5.12 5.16 4.30

Competitive Comparison of Canadian Tire's Dividend Yield %

For the Specialty Retail subindustry, Canadian Tire's Dividend Yield %, along with its competitors' market caps and 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.


Canadian Tire's Dividend Yield % Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Canadian Tire's Dividend Yield % falls into.



Canadian Tire Dividend Yield % Calculation

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

Canadian Tire Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 1.7500002024-10-312024-10-312024-12-01Cash DividendquarterlyCAD:USD 0.717412
CAD 1.7500002024-07-312024-07-312024-09-01Cash DividendquarterlyCAD:USD 0.724323
CAD 1.7500002024-04-292024-04-302024-06-01Cash DividendquarterlyCAD:USD 0.727379
CAD 1.7500002024-01-302024-01-312024-03-01Cash DividendquarterlyCAD:USD 0.747161

* 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.

Canadian Tire's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=5.10348125/109.09
=4.68 %

Current Share Price is $109.09.
Canadian Tire's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.10348125.

Canadian Tire's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=5.021884/109.09
=4.60 %

Current Share Price is $109.09.
Canadian Tire's Dividends per Share for the forward twelve months is calculated as $1.255471 * 4 = $5.021884.

* 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  (OTCPK:CDNAF) 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.


Canadian Tire Dividend Yield % Related Terms

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


Canadian Tire Business Description

Traded in Other Exchanges
Address
2180 Yonge Street, P.O. Box 770, 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, 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.