Finning International Dividend

What is Finning International current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.94%

Current Dividend Yield

Dividend Yield vs Market

Finning International Dividend Yield vs Market
How does FTT dividend yield compare to the market?
SegmentDividend Yield
Company (FTT)2.9%
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)5.8%
Industry Average (Trade Distributors)2.6%
Analyst forecast in 3 Years (FTT)2.9%

Notable Dividend: FTT's dividend (2.94%) is higher than the bottom 25% of dividend payers in the Canadian market (1.85%).

High Dividend: FTT's dividend (2.94%) is low compared to the top 25% of dividend payers in the Canadian market (5.78%).


Stability and Growth of Payments

How stable has Finning International's dividend per share been in the past?
MonthDividend Per Share (annual)Avg. Yield (%)
12/31/20230.962
12/31/20220.932
11/23/20220.942.94
11/9/20220.942.95
8/4/20220.943.49
5/11/20220.943.24
2/10/20220.92.41
8/6/20210.92.68
5/13/20210.822.57
2/9/20210.822.54
11/3/20200.823.07
5/5/20200.824.19
2/12/20200.825.06
8/7/20190.823.5
5/8/20190.823.58
2/21/20190.83.34
11/5/20180.83.16
5/10/20180.82.52
11/7/20170.762.36
8/9/20170.762.64
5/10/20170.732.84
11/3/20160.732.84
8/3/20160.733.05
5/6/20160.733.37
5/5/20160.733.43
5/4/20160.733.42
2/18/20160.733.69
8/6/20150.733.73
5/6/20150.733.05
11/13/20140.712.96
8/8/20140.712.3
5/13/20140.712.35
2/19/20140.612.04
11/14/20130.612.32
8/8/20130.612.67
5/8/20130.612.71
11/8/20120.562.31
8/8/20120.562.32
5/8/20120.562.38
2/16/20120.521.86

Stable Dividend: FTT's dividends per share have been stable in the past 10 years.

Growing Dividend: FTT's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.6%), FTT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: FTT is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies