Dividend criteria checks 4/6
Canadian Tire is a dividend paying company with a current yield of 4.41%. Next payment date is on 1st December, 2024 with an ex-dividend date of 31st October, 2024.
Key information
4.4%
Dividend yield
102%
Payout ratio
Industry average yield | 1.7% |
Next dividend pay date | 01 Dec 24 |
Ex dividend date | 31 Oct 24 |
Dividend per share | CA$7.000 |
Earnings per share | CA$6.86 |
Dividend yield forecast | 4.4% |
Recent dividend updates
Canadian Tire Corporation (TSE:CTC.A) Is Due To Pay A Dividend Of CA$1.75
Apr 25
Canadian Tire Corporation (TSE:CTC.A) Will Pay A Dividend Of CA$1.75
Mar 18
Recent updates
Canadian Tire Corporation (TSE:CTC.A) Use Of Debt Could Be Considered Risky
Jul 22
Returns On Capital At Canadian Tire Corporation (TSE:CTC.A) Have Hit The Brakes
Jul 04
Canadian Tire Corporation, Limited's (TSE:CTC.A) P/E Still Appears To Be Reasonable
Jun 16
Canadian Tire Corporation, Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 11
Canadian Tire Corporation (TSE:CTC.A) Is Due To Pay A Dividend Of CA$1.75
Apr 25
What Does Canadian Tire Corporation, Limited's (TSE:CTC.A) Share Price Indicate?
Apr 17
These 4 Measures Indicate That Canadian Tire Corporation (TSE:CTC.A) Is Using Debt In A Risky Way
Apr 02
Canadian Tire Corporation (TSE:CTC.A) Will Pay A Dividend Of CA$1.75
Mar 18
Some May Be Optimistic About Canadian Tire Corporation's (TSE:CTC.A) Earnings
Feb 22
Canadian Tire Corporation (TSE:CTC.A) Has Announced A Dividend Of CA$1.75
Feb 19
Canadian Tire Corporation, Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 17
Canadian Tire Corporation, Limited's (TSE:CTC.A) Subdued P/E Might Signal An Opportunity
Feb 16
Estimating The Intrinsic Value Of Canadian Tire Corporation, Limited (TSE:CTC.A)
Oct 02
Canadian Tire Corporation (TSE:CTC.A) Has Some Way To Go To Become A Multi-Bagger
Aug 13
Why Canadian Tire Corporation, Limited (TSE:CTC.A) Could Be Worth Watching
Jul 26
Estimating The Fair Value Of Canadian Tire Corporation, Limited (TSE:CTC.A)
Jul 04
These 4 Measures Indicate That Canadian Tire Corporation (TSE:CTC.A) Is Using Debt Extensively
Jun 16
Is It Too Late To Consider Buying Canadian Tire Corporation, Limited (TSE:CTC.A)?
Apr 17
Canadian Tire Corporation (TSE:CTC.A) Takes On Some Risk With Its Use Of Debt
Mar 13
Is Canadian Tire Corporation, Limited (TSE:CTC.A) Potentially Undervalued?
Jan 17
Canadian Tire Corporation's (TSE:CTC.A) Dividend Will Be Increased To CA$1.73
Dec 30
Are Investors Undervaluing Canadian Tire Corporation, Limited (TSE:CTC.A) By 48%?
Dec 18
Is Canadian Tire Corporation (TSE:CTC.A) Using Too Much Debt?
Nov 30
Is It Time To Consider Buying Canadian Tire Corporation, Limited (TSE:CTC.A)?
Oct 05
Is Canadian Tire Corporation (TSE:CTC.A) Using Too Much Debt?
Aug 22
Here's Why We Think Canadian Tire Corporation (TSE:CTC.A) Is Well Worth Watching
Aug 01
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CTC.A's dividends per share have been stable in the past 10 years.
Growing Dividend: CTC.A's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Canadian Tire Corporation Dividend Yield vs Market |
---|
Segment | Dividend Yield |
---|---|
Company (CTC.A) | 4.4% |
Market Bottom 25% (CA) | 1.8% |
Market Top 25% (CA) | 6.0% |
Industry Average (Multiline Retail) | 1.7% |
Analyst forecast (CTC.A) (up to 3 years) | 4.4% |
Notable Dividend: CTC.A's dividend (4.41%) is higher than the bottom 25% of dividend payers in the Canadian market (1.76%).
High Dividend: CTC.A's dividend (4.41%) is low compared to the top 25% of dividend payers in the Canadian market (5.96%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (101.7%), CTC.A's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (36.6%), CTC.A's dividend payments are well covered by cash flows.
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