Aecon GroupTSX:ARE -1.28%80 Dividend Yield % is 1.74% as of Jun. 25, 2026, which is 48% below its 10-year median of 3.34. GuruFocus rates TSX:ARE with a GF Score™ of 80/100 and a GF Value™ of C$25.80 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,015 Construction companies, Aecon Group ranks worse than 67.78% on this metric.
As of today (2026-06-25), the Trailing Annual Dividend Yield of Aecon Group is 1.74%.
The historical rank and industry rank for Aecon Group's Dividend Yield % or its related term are showing as below:
TSX:ARE'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.44 Med: 3.34 Max: 8.51
Current: 1.74
During the past 13 years, the highest Dividend Yield of Aecon Group was 8.51%. The lowest was 1.44%. And the median was 3.34%.
TSX:ARE's Dividend Yield % is ranked worse than 67.78% of 1015
companies
in the Construction industry
Industry Median: 2.8
vs TSX:ARE: 1.74
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Aecon Group Inc is 1.47, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Aecon Group was 3.30. The lowest was 0.35. And the median was 0.70.
During the past 12 months, Aecon Group's average Dividends Per Share Growth Rate was 0.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 0.90% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 3.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 6.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Aecon Group was 41.90% per year. The lowest was -33.10% per year. And the median was 8.60% 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.
Aecon Group (TSX:ARE) 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.
The historical data trend for Aecon Group'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.
TSX:ARE vs PWR, FIX, EME: Dividend Yield % Comparison
For the Engineering & Construction subindustry, Aecon Group'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.
Aecon Group Dividend Yield % vs Construction Industry
For the Construction industry and Industrials sector, Aecon Group's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Aecon Group's Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Aecon Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
CAD 0.192500
2026-06-23
2026-06-23
2026-07-03
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.192500
2026-03-23
2026-03-23
2026-04-02
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.190000
2025-12-24
2025-12-24
2026-01-05
Cash Dividend
quarterly
CAD:CAD 1.000000
CAD 0.190000
2025-09-22
2025-09-22
2025-10-02
Cash Dividend
quarterly
CAD:CAD 1.000000
* 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.
Aecon Group's Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
0.765
/
44.09
=
1.74 %
Current Share Price is C$44.09. Aecon Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.765.
Aecon Group's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
0.77
/
44.09
=
1.75 %
Current Share Price is C$44.09. Aecon Group's Dividends per Share for the forward twelve months is calculated as C$0.1925 * 4 = C$0.77.
* 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.
Aecon Group (TSX:ARE) has a Dividend Yield % of 1.74% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Aecon Group and its competitors. This is 48% below median its historical median of 3.34. Over the past decade, Aecon Group's Dividend Yield % has ranged from 1.44 to 8.51. According to the industry distribution chart, Aecon Group ranks #688 out of 1015 companies in the Construction industry, placing it in the top 67.8%.
Is Aecon Group's Dividend Yield % too high?
Aecon Group's current Dividend Yield % of 1.74% is 48% below median its 10-year median of 3.34. Over the past 10 years, this metric has ranged from a low of 1.44 to a high of 8.51. The Construction industry median Dividend Yield % is 2.80. Aecon Group's value of 1.74% is 37.9% below this industry median. Based on the distribution chart, Aecon Group ranks #688 out of 1015 companies in the Construction industry, which is below the industry midpoint. Overall, Aecon Group has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aecon Group's Dividend Yield % compare to PWR and FIX?
According to the Construction industry distribution chart, Aecon Group ranks #688 out of 1015 companies for Dividend Yield %. This places Aecon Group in the lower half of its industry. The industry median Dividend Yield % is 2.80. Aecon Group's value of 1.74% is 37.9% below this benchmark. Historically, Aecon Group's own Dividend Yield % has ranged from 1.44 to 8.51 over the past decade. While the company's 10-year median is 3.34 vs. the industry median of 2.80, Aecon Group 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 Yield % for a Construction company?
The median Dividend Yield % among Construction companies is 2.80, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aecon Group's current Dividend Yield % of 1.74% is 37.9% 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 Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Aecon Group and its competitors. For the Construction industry, the median Dividend Yield % is 2.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aecon Group's current Dividend Yield % is 1.74%, which is 48% below median its own 10-year median of 3.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aecon Group stock overvalued right now?
Based on GuruFocus' analysis, Aecon Group (TSX:ARE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$25.80, compared to a current price of C$44.09 — trading 70.9% above its estimated fair value. The current Dividend Yield % is 1.74%, which is 48% below median its 10-year median of 3.34 and 37.9% below the Construction industry median of 2.80. Aecon Group's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Aecon Group (TSX:ARE), the current Dividend Yield % is 1.74% as of Jun. 25, 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 Aecon Group (TSX:ARE) Overvalued in 2026?
Based on GuruFocus' analysis, Aecon Group stock appears to be overvalued.
The current stock price of C$44.09 is trading 70.9% above its estimated GF Value™ of C$25.80.
GuruFocus considers Aecon Group to be Significantly Overvalued.
Key valuation signals for TSX:ARE:
Dividend Yield %: 1.74% (48% below median its 10-year median of 3.34)
GF Value™: C$25.80 vs. price of C$44.09 (70.9% above fair value)
Industry Position: 37.9% below the Construction median (#688 of 1015)
No single metric tells the full story. See the TSX:ARE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects. Its concessions segment is engaged in the development, financing, construction, and operation of construction projects. The company generates the maximum revenue from the Construction segment.
80GF Score
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