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Canlan Ice Sports (TSX:ICE) Dividend Yield % : 2.96% (As of Dec. 15, 2024)


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What is Canlan Ice Sports Dividend Yield %?

As of today (2024-12-15), the Trailing Annual Dividend Yield of Canlan Ice Sports is 2.96%.

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

TSX:ICE' s Dividend Yield % Range Over the Past 10 Years
Min: 0.75   Med: 2.14   Max: 3.81
Current: 2.96

During the past 13 years, the highest Dividend Yield of Canlan Ice Sports was 3.81%. The lowest was 0.75%. And the median was 2.14%.

TSX:ICE's Dividend Yield % is ranked better than
58.01% of 381 companies
in the Travel & Leisure industry
Industry Median: 2.42 vs TSX:ICE: 2.96

Canlan Ice Sports's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Canlan Ice Sports Corp is 0.86, which seems too high.

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 0.56.

As of today (2024-12-15), the Forward Dividend Yield % of Canlan Ice Sports is 2.96%.

Canlan Ice Sports's Dividends per Share for the three months ended in Sep. 2024 was C$0.03.

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 7.70% 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 Dividend Yield % Historical Data

The historical data trend for Canlan Ice Sports'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.

Canlan Ice Sports Dividend Yield % Chart

Canlan Ice Sports 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 2.06 0.75 - 0.77 2.93

Canlan Ice Sports 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 2.76 2.93 3.02 3.15 3.04

Competitive Comparison of Canlan Ice Sports's Dividend Yield %

For the Leisure subindustry, Canlan Ice Sports'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.


Canlan Ice Sports's Dividend Yield % Distribution in the Travel & Leisure Industry

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

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



Canlan Ice Sports Dividend Yield % Calculation

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

Canlan Ice Sports Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
CAD 0.0300002024-09-272024-09-302024-10-16Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0300002024-06-282024-06-282024-07-16Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0300002024-03-272024-03-282024-04-12Cash DividendquarterlyCAD:CAD 1.000000
CAD 0.0300002023-12-282023-12-292024-01-15Cash DividendquarterlyCAD: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.

Canlan Ice Sports's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.12/4.05
=2.96 %

Current Share Price is C$4.05.
Canlan Ice Sports's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$0.12.

Canlan Ice Sports's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.12/4.05
=2.96 %

Current Share Price is C$4.05.
Canlan Ice Sports's Dividends per Share for the forward twelve months is calculated as C$0.03 * 4 = C$0.12.

* 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  (TSX:ICE) 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.


Canlan Ice Sports Dividend Yield % Related Terms

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


Canlan Ice Sports Business Description

Traded in Other Exchanges
N/A
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 which derive revenue from food and beverage, sports stores, sponsorship, Instructional sports programs, space rental, Management and consulting fees. Geographically it generates the majority of its revenue from Canada.
Executives
Michael F. Gellard Senior Officer
Joey St. Aubin Senior Officer
Susan L Guiry Senior Officer
Ivan C. Wu Senior Officer
Mark Faubert Senior Officer
Vivian Chan Senior Officer
Victor Dsouza Director
Gregory Porcellato Senior Officer