Toromont Industries Dividends and Buybacks
Dividend criteria checks 4/6
Toromont Industries is a dividend paying company with a current yield of 1.16% that is well covered by earnings.
Key information
1.2%
Dividend yield
0.7%
Buyback Yield
| Total Shareholder Yield | 1.8% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 11.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 33% |
Recent dividend and buyback updates
Recent updates
Returns At Toromont Industries (TSE:TIH) Appear To Be Weighed Down
Dec 26
We Think Toromont Industries (TSE:TIH) Can Stay On Top Of Its Debt
Nov 26A Look At The Intrinsic Value Of Toromont Industries Ltd. (TSE:TIH)
Oct 11Is Toromont Industries (TSE:TIH) Using Too Much Debt?
Aug 23A Look At The Fair Value Of Toromont Industries Ltd. (TSE:TIH)
Jul 08Toromont Industries' (TSE:TIH) Returns Have Hit A Wall
Jun 23Here's Why Toromont Industries (TSE:TIH) Can Manage Its Debt Responsibly
May 21Toromont Industries Ltd. (TSE:TIH) Shares Could Be 30% Below Their Intrinsic Value Estimate
Mar 17Toromont Industries (TSE:TIH) Is Paying Out A Larger Dividend Than Last Year
Feb 18
Tactical Expansion And Investments Fuel Growth In Dynamic Equipment Market
Acquisition of Tri-City Equipment Rentals and improved equipment availability aim to expand heavy rents and boost future revenue streams.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TIH's dividends per share have been stable in the past 10 years.
Growing Dividend: TIH's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Toromont Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TIH) | 1.2% |
| Market Bottom 25% (CA) | 1.6% |
| Market Top 25% (CA) | 5.5% |
| Industry Average (Trade Distributors) | 2.2% |
| Analyst forecast (TIH) (up to 3 years) | 1.2% |
Notable Dividend: TIH's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.61%).
High Dividend: TIH's dividend (1.16%) is low compared to the top 25% of dividend payers in the Canadian market (5.52%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (33.5%), TIH's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), TIH's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/01/23 07:00 |
| End of Day Share Price | 2026/01/23 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Toromont Industries Ltd. is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Heasman | Accountability Research Corporation |
| null null | BMO Capital Markets Equity Research |
| Devin Dodge | BMO Capital Markets Equity Research |