Canadian Tire Corp A Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   CAD per share 
 Price  136.45
 Dividend  4.54
 Earnings  14.83
 Cash-flow  18.19
 Book value  68.23
 Equity  71.30

Canadian Tire Corp A is part of General Retailers business, which is part of Consumer Services industry. Canadian Tire Corp A is a company from Canada, and his stocks are publicly traded.

Canadian Tire Corp A paid a total dividend of 263 million CAD last year, for a market value of 7,914 millions (Market Cap 7,733 millions). Dividend per share of Canadian Tire Corp A is 4.54 CAD, and his stock market price 136.45 CAD.

According to the chart below, where dividend yield is displayed, Canadian Tire Corp A has a dividend yield of 3.33%, which is higher than the amount offered by both the market average and companies from Canada. It is also bigger than average of Consumer Services industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Canadian Tire Corp A dividend yield with other General Retailers companies or firms from Canada.

Dividend yield of Canadian Tire Corp A

Canadian Tire Corp A Dividend Payout

About the ability of Canadian Tire Corp A to maintain his current dividend of CAD 4.54 per share, an amount that accounts for 3.33%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Canadian Tire Corp A payout on ernings is currently 30.61%, which is lower than the market average and companies of Consumer Services industry, which are 37.71% and 33.10% respectively. Both figures lead us to believe that there is confidence that Canadian Tire Corp Acan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Canadian Tire Corp A is CAD 18.19 per share, which is higher than the dividend per share paid by the company of CAD 4.54, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Canadian Tire Corp A, compared againt world market average, Canada companies, Consumer Services industry and General Retailers sector companies.

Canadian Tire Corp A payout

Canadian Tire Corp A Stock performance

Finally, last moth Canadian Tire Corp A showed a return of 10.50% compared to a worldwide 4.35% average, and a 8.10% of Consumer Services firms. Over the last year, the company obtained a 1.50% versus a worldwide performance of a 2.14%. More detailed information can be seen in the following graph for Canada and General Retailers firms.

Canadian Tire Corp A stock and market return

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