Toromont Industries Dividends

TIH Stock  CAD 116.61  0.13  0.11%   
At this time, Toromont Industries' Dividends Paid is very stable compared to the past year. As of the 26th of November 2024, Dividend Yield is likely to grow to 0.03, while Dividend Payout Ratio is likely to drop 0.22. Toromont Industries' past performance could be the main factor of why investors trade Toromont Industries stock today. Investors should clearly understand every aspect of the Toromont Industries dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Toromont Industries' dividend schedule and payout information. Toromont Industries dividends can also provide a clue to the current valuation of Toromont Industries.
 
Number Of Dividends  
Years Issued
27
Previous Year
4 Times
Current Year
4 Times
Year Average
3.96
Volatility
0.19
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Last ReportedProjected for Next Year
Dividends Paid138.6 M145.5 M
Dividend Yield 0.01  0.03 
Dividend Payout Ratio 0.26  0.22 
Dividend Paid And Capex Coverage Ratio 1.41  0.94 
One of the primary advantages of investing in dividend-paying companies such as Toromont Industries is that dividends usually grow steadily over time. As a result, well-established companies that pay dividends typically increase their dividend payouts yearly, which many long-term traders find attractive.
  
Investing in dividend-paying stocks, such as Toromont Industries is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Toromont Industries must own a stock before its ex-dividend date to receive its next dividend.

Toromont Industries Past Distributions to stockholders

Please note, there is a significant difference between Toromont Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Toromont Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toromont Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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