Canadian Tire Corporation Dividends and Buybacks
Dividend criteria checks 5/6
Canadian Tire is a dividend paying company with a current yield of 4.28% that is well covered by earnings. Next payment date is on 1st June, 2025 with an ex-dividend date of 30th April, 2025.
Key information
4.3%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | 4.3% |
| Dividend Growth | 13.1% |
| Next dividend pay date | 01 Jun 25 |
| Ex dividend date | 30 Apr 25 |
| Dividend per share | n/a |
| Payout ratio | 46% |
Recent dividend and buyback updates
Recent updates
An Intrinsic Calculation For Canadian Tire Corporation, Limited (TSE:CTC.A) Suggests It's 25% Undervalued
May 17
We Discuss Why Canadian Tire Corporation, Limited's (TSE:CTC.A) CEO Compensation May Be Closely Reviewed
May 01Canadian Tire Corporation (TSE:CTC.A) Could Be Struggling To Allocate Capital
Mar 29We Think That There Are Some Issues For Canadian Tire Corporation (TSE:CTC.A) Beyond Its Promising Earnings
Feb 20These 4 Measures Indicate That Canadian Tire Corporation (TSE:CTC.A) Is Using Debt In A Risky Way
Feb 13Canadian Tire Corporation's (TSE:CTC.A) Upcoming Dividend Will Be Larger Than Last Year's
Jan 21Is Now An Opportune Moment To Examine Canadian Tire Corporation, Limited (TSE:CTC.A)?
Jan 07Returns At Canadian Tire Corporation (TSE:CTC.A) Appear To Be Weighed Down
Dec 20
Triangle Rewards And Decisive Partnerships Boost Engagement, Driving Revenue Growth And Margin Expansion
Dec 04 Increased engagement in the Triangle Rewards program is enhancing customer loyalty and could positively impact future revenues.Canadian Tire Corporation (TSE:CTC.A) Is Paying Out A Larger Dividend Than Last Year
Dec 02Here's Why Canadian Tire Corporation (TSE:CTC.A) Is Weighed Down By Its Debt Load
Nov 02Earnings Tell The Story For Canadian Tire Corporation, Limited (TSE:CTC.A)
Oct 18Estimating The Fair Value Of Canadian Tire Corporation, Limited (TSE:CTC.A)
Oct 02Is It Too Late To Consider Buying Canadian Tire Corporation, Limited (TSE:CTC.A)?
Sep 16Canadian Tire Corporation (TSE:CTC.A) Use Of Debt Could Be Considered Risky
Jul 22Returns On Capital At Canadian Tire Corporation (TSE:CTC.A) Have Hit The Brakes
Jul 04Canadian Tire Corporation, Limited's (TSE:CTC.A) P/E Still Appears To Be Reasonable
Jun 16Stability 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) | 4.3% |
| Market Bottom 25% (CA) | 2.0% |
| Market Top 25% (CA) | 6.1% |
| Industry Average (Multiline Retail) | 1.4% |
| Analyst forecast (CTC.A) (up to 3 years) | 4.3% |
Notable Dividend: CTC.A's dividend (4.28%) is higher than the bottom 25% of dividend payers in the Canadian market (1.99%).
High Dividend: CTC.A's dividend (4.28%) is low compared to the top 25% of dividend payers in the Canadian market (6.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.9%), CTC.A's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.4%), CTC.A'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 | 2025/05/18 01:17 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/29 |
| Annual Earnings | 2024/12/28 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| 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
Canadian Tire Corporation, Limited is covered by 24 analysts. 10 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 |
|---|---|
| Jim Marrone | Accountability Research Corporation |
| James Durran | Barclays |
| Tamy Chen | BMO Capital Markets Equity Research |