Canadian Tire Corporation Dividend
Dividend criteria checks 5/6
Canadian Tire is a dividend paying company with a current yield of 5.26%.
Key information
5.3%
Dividend yield
183%
Payout ratio
Industry average yield | 1.2% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | €3.83 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: YAAA's dividends per share have been stable in the past 10 years.
Growing Dividend: YAAA's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Canadian Tire Corporation Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (YAAA) | 5.3% |
Market Bottom 25% (DE) | 1.7% |
Market Top 25% (DE) | 4.7% |
Industry Average (Multiline Retail) | 1.2% |
Analyst forecast in 3 Years (YAAA) | 5.3% |
Notable Dividend: YAAA's dividend (5.26%) is higher than the bottom 25% of dividend payers in the German market (1.67%).
High Dividend: YAAA's dividend (5.26%) is in the top 25% of dividend payers in the German market (4.7%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (182.6%), YAAA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.8%), YAAA's dividend payments are covered by cash flows.