Canadian Tire (TSX:CTC.A) 5-Year Dividend Growth Rate (2024)

What is Canadian Tire 5-Year Dividend Growth Rate?

Canadian Tire's Dividends per Share for the three months ended in Jun. 2024 was C$1.75.

During the past 12 months, Canadian Tire's average Dividends Per Share Growth Rate was 3.70% per year.During the past 3 years, the average Dividends Per Share Growth Rate was 14.90% per year.During the past 5 years, the average Dividends Per Share Growth Rate was 13.10% per year.During the past 10 years, the average Dividends Per Share Growth Rate was 16.50% per year.Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canadian Tire was 21.70% per year. The lowest was 5.30% per year. And the median was 14.10% per year.

Canadian Tire's Dividend Payout Ratio for the threemonths ended in Jun. 2024 was 0.49. As of today, Canadian Tire's Dividend Yield % is 4.39%.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Canadian Tire's 5-Year Dividend Growth Rate

For the Specialty Retail subindustry, Canadian Tire's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canadian Tire's 5-Year Dividend Growth Rate Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Canadian Tire's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Canadian Tire's 5-Year Dividend Growth Rate falls into.


Canadian Tire 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Canadian Tire(TSX:CTC.A) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Canadian Tire's Dividend Payout Ratio for the quarter that ended in Jun. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2024 )/ EPS without NRI (Q: Jun. 2024 )
=1.75/ 3.56
=0.49

During the past 13 years, the highest Dividend Payout Ratio of Canadian Tire was 0.95. The lowest was 0.24. And the median was 0.28.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Canadian Tire Recent Full-Year* Dividend History

AmountEx-dateRecord DatePay DateTypeFrequencyForex Rate
CAD 1.7500002024-07-312024-07-312024-09-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 1.7500002024-04-292024-04-302024-06-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 1.7500002024-01-302024-01-312024-03-01Cash DividendquarterlyCAD:CAD 1.000000
CAD 1.7250002023-10-302023-10-312023-12-01Cash DividendquarterlyCAD:CAD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Canadian Tire's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.975/158.81
=4.39 %

Current Share Price is C$158.81.
Canadian Tire's Dividends per Share for the trailing twelve months (TTM) ended in Today is C$6.975.

During the past 13 years, the highest Dividend Yield of Canadian Tire was 5.42%. The lowest was 1.35%. And the median was 2.50%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canadian Tire 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Canadian Tire's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Tire Business Description

Industry

GURUFOCUS.COM »STOCK LIST »Consumer Cyclical » Retail - Cyclical » Canadian Tire Corp Ltd (TSX:CTC.A) » Definitions » 5-Year Dividend Growth Rate

Comparable Companies

TSX:LNF TSX:PET TSX:ZZZ TSX:GBT TSX:KITS XCNQ:TRAI TSXV:AWI TSXV:RUM XCNQ:CCR TSXV:FTI ORLY TSX:ATD AZO TSCO DKS BBY ULTA WSM SHSE:601888 CASY

Traded in Other Exchanges

CDNAF:USA YAAA:Germany CTC:Canada

Address

2180 Yonge Street, P.O. Box 770, Toronto, ON, CAN, M4P 2V8

Canadian Tire sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories, and vehicle fuel through a roughly 1,700-store network of company, dealer, and franchisee-operated locations across Canada. Aside from the namesake banner, stores operate primarily under the Mark's, SportChek, Party City, Atmosphere, and PartSource monikers. Additionally, the company owns Helly Hansen, a Norwegian sportswear and workwear brand, and also operates and holds majority ownership of a financing arm (Canadian Tire Financial Services; 20% owned by Scotiabank) and a REIT (CT REIT; Canadian Tire owns about 70%).

Canadian Tire Headlines

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Canadian Tire (TSX:CTC.A)  5-Year Dividend Growth Rate (2024)
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