Loblaw Companies Dividend yield

Loblaw Companies is part of Food and Drug Retailers business, which is part of Consumer Services industry. Loblaw Companies is a company from Canada, and his stocks are publicly traded.

Loblaw Companies stock dividend

Loblaw Companies paid a total dividend of 577 million CAD last year, for a market value of 38,015 millions (Market Cap 17,977 millions). Loblaw Companies dividend per share is 1.78 CAD, and his stock market price 117.33 CAD.

According to the chart below, where dividend yield is displayed, Loblaw Companies has a dividend yield of 1.52%, lower than the amount offered by both the market average and companies from Canada. It is also lower than average of Consumer Services industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Loblaw Companies stocks dividend with other Food and Drug Retailers companies or other of the best Canada dividend stocks list.

Loblaw Companies Dividend Payout

About the ability of Loblaw Companies to maintain his current dividend of CAD 1.78 per share, an amount that accounts for 1.52%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Loblaw Companies payout on ernings is currently 20.63%, which is lower than the market average and companies of Consumer Services industry, which are 39.34% and 31.45% respectively. Both figures lead us to believe that there is confidence that Loblaw Companiescan 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 Loblaw Companies is CAD 12.62 per share, which is higher than the dividend per share paid by the company of CAD 1.78, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Loblaw Companies, compared againt world market average, Canada companies, Consumer Services industry and Food and Drug Retailers sector companies.

Loblaw Companies Dividend History

Below you will find a table with the historical evolution of Loblaw Companies's dividend stock, both in percentage and in CAD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	CAD	Paypout	Shares*
Present	1.52%	1.78	20.63%	324
2022	1.35%	1.62	19.61%	328
2021	1.41%	1.46	26.50%	343
2020	2.13%	1.34	25.62%	353
2019	2.29%	1.53	36.34%	366
2018	1.93%	1.18	19.50%	375
2017	1.58%	1.08	24.05%	390
2016	1.49%	1.04	30.86%	407
2015	1.48%	1.00	84.75%	413

*In millions

Then you can see the evolution of Loblaw Companies dividend stock, and compare it with the average of Canada stocks and that of the Food and Drug Retailers stocks.

Loblaw Companies Stock performance

Finally, last moth Loblaw Companies showed a return of 0.30% compared to a worldwide -2.49% average, and a -3.06% of Consumer Services firms. Over the last year, the company obtained a 1.10% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Canada and Food and Drug Retailers firms.