Sleep Country Canada Holdings Inc.

TSX:ZZZ Stock Report

Market Cap: CA$1.2b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Sleep Country Canada Holdings Dividends and Buybacks

Dividend criteria checks 3/6

Sleep Country Canada Holdings is a dividend paying company with a current yield of 2.71% that is well covered by earnings.

Key information

2.7%

Dividend yield

2.2%

Buyback Yield

Total Shareholder Yield4.9%
Future Dividend Yield2.9%
Dividend Growth4.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareCA$0.948
Payout ratio45%

Recent dividend and buyback updates

Sleep Country Canada Holdings' (TSE:ZZZ) Dividend Will Be Increased To CA$0.237

Aug 15
Sleep Country Canada Holdings' (TSE:ZZZ) Dividend Will Be Increased To CA$0.237

Sleep Country Canada Holdings (TSE:ZZZ) Is Increasing Its Dividend To CA$0.237

May 15
Sleep Country Canada Holdings (TSE:ZZZ) Is Increasing Its Dividend To CA$0.237

Recent updates

Sleep Country Canada Holdings Inc.'s (TSE:ZZZ) 28% Share Price Surge Not Quite Adding Up

Aug 20
Sleep Country Canada Holdings Inc.'s (TSE:ZZZ) 28% Share Price Surge Not Quite Adding Up

Is It Too Late To Consider Buying Sleep Country Canada Holdings Inc. (TSE:ZZZ)?

Jul 19
Is It Too Late To Consider Buying Sleep Country Canada Holdings Inc. (TSE:ZZZ)?

Sleep Country Canada Holdings' (TSE:ZZZ) Dividend Will Be Increased To CA$0.237

Aug 15
Sleep Country Canada Holdings' (TSE:ZZZ) Dividend Will Be Increased To CA$0.237

Sleep Country Canada Holdings (TSE:ZZZ) Might Be Having Difficulty Using Its Capital Effectively

Aug 12
Sleep Country Canada Holdings (TSE:ZZZ) Might Be Having Difficulty Using Its Capital Effectively

With EPS Growth And More, Sleep Country Canada Holdings (TSE:ZZZ) Makes An Interesting Case

Jun 07
With EPS Growth And More, Sleep Country Canada Holdings (TSE:ZZZ) Makes An Interesting Case

Sleep Country Canada Holdings (TSE:ZZZ) Is Increasing Its Dividend To CA$0.237

May 15
Sleep Country Canada Holdings (TSE:ZZZ) Is Increasing Its Dividend To CA$0.237

Is Now The Time To Look At Buying Sleep Country Canada Holdings Inc. (TSE:ZZZ)?

May 10
Is Now The Time To Look At Buying Sleep Country Canada Holdings Inc. (TSE:ZZZ)?

Why Sleep Country Canada Holdings Inc. (TSE:ZZZ) Could Be Worth Watching

Nov 04
Why Sleep Country Canada Holdings Inc. (TSE:ZZZ) Could Be Worth Watching

Sleep Country Canada Holdings (TSE:ZZZ) Looks To Prolong Its Impressive Returns

Oct 08
Sleep Country Canada Holdings (TSE:ZZZ) Looks To Prolong Its Impressive Returns

Here's Why We Think Sleep Country Canada Holdings (TSE:ZZZ) Is Well Worth Watching

Sep 16
Here's Why We Think Sleep Country Canada Holdings (TSE:ZZZ) Is Well Worth Watching

With EPS Growth And More, Sleep Country Canada Holdings (TSE:ZZZ) Is Interesting

Jun 02
With EPS Growth And More, Sleep Country Canada Holdings (TSE:ZZZ) Is Interesting

Sleep Country Canada Holdings (TSE:ZZZ) Is Paying Out A Larger Dividend Than Last Year

May 10
Sleep Country Canada Holdings (TSE:ZZZ) Is Paying Out A Larger Dividend Than Last Year

These 4 Measures Indicate That Sleep Country Canada Holdings (TSE:ZZZ) Is Using Debt Reasonably Well

May 06
These 4 Measures Indicate That Sleep Country Canada Holdings (TSE:ZZZ) Is Using Debt Reasonably Well

Should You Think About Buying Sleep Country Canada Holdings Inc. (TSE:ZZZ) Now?

Apr 06
Should You Think About Buying Sleep Country Canada Holdings Inc. (TSE:ZZZ) Now?

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: ZZZ has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ZZZ's dividend payments have increased, but the company has only paid a dividend for 9 years.


Dividend Yield vs Market

Sleep Country Canada Holdings Dividend Yield vs Market
How does ZZZ dividend yield compare to the market?
SegmentDividend Yield
Company (ZZZ)2.7%
Market Bottom 25% (CA)1.8%
Market Top 25% (CA)6.5%
Industry Average (Specialty Retail)3.1%
Analyst forecast (ZZZ) (up to 3 years)2.9%

Notable Dividend: ZZZ's dividend (2.71%) is higher than the bottom 25% of dividend payers in the Canadian market (1.75%).

High Dividend: ZZZ's dividend (2.71%) is low compared to the top 25% of dividend payers in the Canadian market (5.82%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.1%), ZZZ's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (30%), ZZZ's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/01 23:36
End of Day Share Price 2024/10/01 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Sleep Country Canada Holdings Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen MacLeodBMO Capital Markets Equity Research
Mark PetrieCIBC Capital Markets
David HartleyCredit Suisse