George Weston Dividends and Buybacks
Dividend criteria checks 4/6
George Weston is a dividend paying company with a current yield of 1.5% that is well covered by earnings. Next payment date is on 1st January, 2025 with an ex-dividend date of 13th December, 2024.
Key information
1.5%
Dividend yield
3.2%
Buyback Yield
| Total Shareholder Yield | 4.7% |
| Future Dividend Yield | 1.6% |
| Dividend Growth | -0.4% |
| Next dividend pay date | 01 Jan 25 |
| Ex dividend date | 13 Dec 24 |
| Dividend per share | CA$3.280 |
| Payout ratio | 67% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WN.PRD's dividends per share have been stable in the past 10 years.
Growing Dividend: WN.PRD's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| George Weston Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WN.PRD) | 1.5% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.2% |
| Industry Average (Consumer Retailing) | 1.2% |
| Analyst forecast (WN.PRD) (up to 3 years) | 1.6% |
Notable Dividend: WN.PRD's dividend (1.5%) isn’t notable compared to the bottom 25% of dividend payers in the Canadian market (1.75%).
High Dividend: WN.PRD's dividend (1.5%) is low compared to the top 25% of dividend payers in the Canadian market (6.15%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.9%), WN.PRD's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (12.2%), WN.PRD's dividend payments are thoroughly covered by cash flows.