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 | 1.9% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$3.83 |
Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: CDNA.F's dividends per share have been stable in the past 10 years.
Growing Dividend: CDNA.F'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 (CDNA.F) | 5.3% |
Market Bottom 25% (US) | 1.6% |
Market Top 25% (US) | 4.8% |
Industry Average (Multiline Retail) | 1.9% |
Analyst forecast in 3 Years (CDNA.F) | 5.3% |
Notable Dividend: CDNA.F's dividend (5.26%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: CDNA.F's dividend (5.26%) is in the top 25% of dividend payers in the US market (4.74%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (182.6%), CDNA.F's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.8%), CDNA.F's dividend payments are covered by cash flows.