Toromont Industries Ltd. Stock Dividends
TIH.TO pays dividends quarterly. Last paid amount was $0.480 at Apr 04, 2024. As of today, dividend yield (TTM) is 1.51%.
Dividend Yield Range
AI Analysis of TIH.TO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 1.51% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 11.63% |
| Payout Ratio | 0 |
| Amount Per Share | $0.480 |
| Next Ex-Dividend Date | Jun 07, 2024 |
| Next Payment Date | Jul 05, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from TIH the purchase should be done within the next 31 days.
Here's a simple guide on how to buy TIH stock.
TIH Dividend Payout History
To ensure a understanding of TIH's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 07, 2024 | Jun 07, 2024 | Jul 05, 2024 | $0.480 | 0.393% |
| 2 | Feb 13, 2024 | Mar 07, 2024 | Apr 04, 2024 | $0.480 | 0.362% |
| 3 | Oct 30, 2023 | Dec 07, 2023 | Jan 04, 2024 | $0.430 | 0.373% |
| 4 | Jul 26, 2023 | Sep 07, 2023 | Oct 04, 2023 | $0.430 | 0.386% |
| 5 | Jun 08, 2023 | Jun 08, 2023 | Oct 04, 2023 | $0.430 | 0.386% |
| 6 | Mar 08, 2023 | Mar 08, 2023 | Apr 04, 2023 | $0.430 | 0.391% |
| 7 | Dec 07, 2022 | Dec 07, 2022 | Jan 05, 2023 | $0.390 | 0.387% |
| 8 | Sep 07, 2022 | Sep 07, 2022 | Oct 04, 2022 | $0.390 | 0.382% |
| 9 | Jun 08, 2022 | Jun 08, 2022 | Jul 05, 2022 | $0.390 | 0.379% |
| 10 | Mar 08, 2022 | Mar 08, 2022 | Apr 04, 2022 | $0.390 | 0.326% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
TIH Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TIH dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TIH stock here.
Comparing TIH to Sector and Country
TIH.TO pays a solid dividend yield of 1.51%, which is higher than the average of the bottom 25% of dividend payers in the CA market (0.612%). TIH.TO’s dividend yield is lower than the average of the top 25% of dividend payers in the Industrials sector in the CA market (5.59%), which means that there are more attractive dividend stocks to consider.
