Canadian Tire Corporation Dividends and Buybacks
Dividend criteria checks 5/6
Canadian Tire is a dividend paying company with a current yield of 4.62% that is well covered by earnings. Next payment date is on 1st March, 2025 with an ex-dividend date of 31st January, 2025.
Key information
4.6%
Dividend yield
0.4%
Buyback Yield
| Total Shareholder Yield | 5.0% |
| Future Dividend Yield | 4.6% |
| Dividend Growth | 10.9% |
| Next dividend pay date | 01 Mar 25 |
| Ex dividend date | 31 Jan 25 |
| Dividend per share | CA$7.100 |
| Payout ratio | 60% |
Recent dividend and buyback updates
Recent updates
Returns At Canadian Tire Corporation (TSE:CTC.A) Appear To Be Weighed Down
Dec 20
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 16Canadian Tire Corporation, Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 11Canadian Tire Corporation (TSE:CTC.A) Is Due To Pay A Dividend Of CA$1.75
Apr 25What Does Canadian Tire Corporation, Limited's (TSE:CTC.A) Share Price Indicate?
Apr 17These 4 Measures Indicate That Canadian Tire Corporation (TSE:CTC.A) Is Using Debt In A Risky Way
Apr 02Canadian Tire Corporation (TSE:CTC.A) Will Pay A Dividend Of CA$1.75
Mar 18Some May Be Optimistic About Canadian Tire Corporation's (TSE:CTC.A) Earnings
Feb 22Canadian Tire Corporation (TSE:CTC.A) Has Announced A Dividend Of CA$1.75
Feb 19Canadian Tire Corporation, Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 17Canadian Tire Corporation, Limited's (TSE:CTC.A) Subdued P/E Might Signal An Opportunity
Feb 16Upcoming 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) | 4.6% |
| Market Bottom 25% (CA) | 1.8% |
| Market Top 25% (CA) | 6.4% |
| Industry Average (Multiline Retail) | 1.6% |
| Analyst forecast (CTC.A) (up to 3 years) | 4.6% |
Notable Dividend: CTC.A's dividend (4.62%) is higher than the bottom 25% of dividend payers in the Canadian market (1.81%).
High Dividend: CTC.A's dividend (4.62%) is low compared to the top 25% of dividend payers in the Canadian market (6.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.2%), CTC.A's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.5%), 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 | 2024/12/22 16:31 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
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 |
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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 here.
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 .
Analyst Sources
Canadian Tire Corporation, Limited is covered by 25 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 |