Canadian Tire (CTC-A.TO) Dividends
Market Cap: $8.47B
Avg Volume: 354.52K
Industry: Specialty Retail
Sector: Consumer Cyclical
Dividend Overview
Canadian Tire (CTC-A.TO) pays a quarterly dividend to its shareholders. The current dividend yield is 4.71%, which means that for every $100 invested at the current price, investors would receive approximately $4.71 in dividends per year (this can change based on future dividend payments and price movements).
About CTC-A.TO's Dividend
Canadian Tire pays a quarterly dividend of $1.76 per share, which totals $7.03 annually. This means that for each share you own, you'll receive $7.03 in dividends over the course of a year, distributed across four quarterly payments.
The most recent ex-dividend date was April 30, 2025. If you purchase the stock before its ex-dividend date, you'll be eligible for the upcoming dividend payment.
Canadian Tire 's payout ratio is 0.41% which means that 0.41% of the company's earnings are paid out as dividends. A low payout ratio indicates that the company has a strong financial position and can invest in growth opportunities, while maintaining room to increase dividends in the future.
Canadian Tire 's dividend has grown by 0.00% over the past year. A positive growth rate can be a sign of the company's confidence in its future earnings.
CTC-A.TO Dividend History
| Dividend | Yield | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $1.775 | 4.71% | April 30, 2025 | April 30, 2025 | June 01, 2025 | |
| $1.775 | 4.29% | January 31, 2025 | January 31, 2025 | March 01, 2025 | |
| $1.75 | 4.72% | October 31, 2024 | October 31, 2024 | December 01, 2024 | |
| $1.75 | 4.92% | July 31, 2024 | July 31, 2024 | September 01, 2024 | |
| $1.75 | 5.19% | April 29, 2024 | April 30, 2024 | June 01, 2024 | |
| $1.75 | 4.81% | January 30, 2024 | January 31, 2024 | March 01, 2024 | |
| $1.725 | 5.06% | October 30, 2023 | October 31, 2023 | December 01, 2023 | |
| $1.725 | 3.72% | July 28, 2023 | July 31, 2023 | September 01, 2023 | |
| $1.725 | 3.70% | April 27, 2023 | April 30, 2023 | June 01, 2023 | |
| $1.725 | 4.00% | January 30, 2023 | January 31, 2023 | March 01, 2023 | |
| $1.625 | 3.80% | October 28, 2022 | October 31, 2022 | December 01, 2022 | |
| $1.625 | 3.33% | July 28, 2022 | July 31, 2022 | September 01, 2022 | |
| $1.3 | 2.77% | April 28, 2022 | April 30, 2022 | June 01, 2022 | |
| $1.3 | 2.71% | January 28, 2022 | January 31, 2022 | March 01, 2022 | |
| $1.175 | 2.67% | October 28, 2021 | October 31, 2021 | December 01, 2021 | August 11, 2021 |
| $1.175 | 2.44% | July 29, 2021 | July 31, 2021 | September 01, 2021 | May 13, 2021 |
| $1.175 | 2.36% | April 29, 2021 | April 30, 2021 | June 01, 2021 | February 18, 2021 |
| $1.175 | 2.71% | January 28, 2021 | January 31, 2021 | March 01, 2021 | November 05, 2020 |
| $1.1375 | 3.07% | October 29, 2020 | October 31, 2020 | December 01, 2020 | August 06, 2020 |
| $1.1375 | 3.60% | July 30, 2020 | July 31, 2020 | September 01, 2020 | |
| $1.1375 | 4.25% | April 29, 2020 | April 30, 2020 | June 01, 2020 | |
| $1.1375 | 2.99% | January 30, 2020 | January 31, 2020 | March 01, 2020 | |
| $1.0375 | 2.90% | October 30, 2019 | October 31, 2019 | December 01, 2019 | |
| $1.0375 | 2.77% | July 30, 2019 | July 31, 2019 | September 01, 2019 | |
| $1.04 | 2.60% | April 29, 2019 | April 30, 2019 | June 01, 2019 | |
| $1.04 | 2.52% | January 30, 2019 | January 31, 2019 | March 01, 2019 | |
| $0.9 | 2.45% | October 30, 2018 | October 31, 2018 | December 01, 2018 | |
| $0.9 | 1.91% | July 30, 2018 | July 31, 2018 | September 01, 2018 | |
| $0.9 | 1.77% | April 27, 2018 | April 30, 2018 | June 01, 2018 | |
| $0.9 | 1.66% | January 30, 2018 | January 31, 2018 | March 01, 2018 | |
| $0.65 | 1.64% | October 30, 2017 | October 31, 2017 | December 01, 2017 | |
| $0.65 | 1.77% | July 27, 2017 | July 31, 2017 | September 01, 2017 | |
| $0.65 | 1.47% | April 26, 2017 | |||
| $0.65 | 1.68% | January 27, 2017 | |||
| $0.58 | 1.75% | October 27, 2016 | |||
| $0.58 | 1.62% | July 27, 2016 | |||
| $0.58 | 1.60% | April 27, 2016 | |||
| $0.58 | 1.97% | January 27, 2016 | |||
| $0.53 | 1.80% | October 28, 2015 | |||
| $0.53 | 1.61% | July 29, 2015 | July 31, 2015 | September 01, 2015 | May 14, 2015 |
| $0.53 | 1.58% | April 28, 2015 | April 30, 2015 | June 01, 2015 | February 26, 2015 |
| $0.53 | 1.63% | January 28, 2015 | |||
| $0.5 | 1.52% | October 29, 2014 | |||
| $0.5 | 1.68% | July 29, 2014 | |||
| $0.44 | 1.49% | April 28, 2014 | |||
| $0.44 | 1.56% | January 29, 2014 | March 01, 2014 | March 01, 2014 | January 29, 2014 |
| $0.35 | 1.42% | October 29, 2013 | |||
| $0.35 | 1.61% | July 29, 2013 | |||
| $0.35 | 1.78% | April 26, 2013 | |||
| $0.35 | 1.76% | January 29, 2013 | |||
| $0.3 | 1.70% | October 29, 2012 | |||
| $0.3 | 1.75% | July 27, 2012 | |||
| $0.3 | 1.68% | April 26, 2012 | |||
| $0.3 | 1.80% | January 27, 2012 | |||
| $0.28 | 1.83% | October 27, 2011 | |||
| $0.28 | 1.76% | July 27, 2011 | |||
| $0.28 | 1.61% | April 27, 2011 | |||
| $0.28 | 1.42% | January 27, 2011 | |||
| $0.21 | 1.43% | October 27, 2010 | |||
| $0.21 | 1.47% | July 28, 2010 | |||
| $0.21 | 1.50% | April 28, 2010 | |||
| $0.21 | 1.53% | January 27, 2010 | |||
| $0.21 | 1.51% | October 28, 2009 | |||
| $0.21 | 1.58% | July 29, 2009 | |||
| $0.21 | 1.67% | April 28, 2009 | |||
| $0.21 | 2.01% | January 28, 2009 | |||
| $0.21 | 1.80% | October 29, 2008 | |||
| $0.21 | 1.49% | July 29, 2008 | |||
| $0.21 | 1.17% | April 28, 2008 | |||
| $0.19 | 1.16% | January 29, 2008 | |||
| $0.19 | 0.86% | October 29, 2007 | |||
| $0.19 | 0.84% | July 27, 2007 | |||
| $0.19 | 0.88% | April 26, 2007 | |||
| $0.17 | 0.94% | January 29, 2007 | |||
| $0.17 | 0.91% | October 27, 2006 | |||
| $0.17 | 0.98% | July 27, 2006 | |||
| $0.17 | 0.46% | April 26, 2006 | |||
| $0.15 | 0.47% | January 27, 2006 | |||
| $0.15 | 0.57% | October 27, 2005 | |||
| $0.15 | 0.60% | July 27, 2005 | |||
| $0.15 | 0.53% | April 27, 2005 | |||
| $0.13 | 0.70% | January 27, 2005 | |||
| $0.13 | 0.82% | October 27, 2004 | |||
| $0.13 | 0.78% | July 28, 2004 | |||
| $0.13 | 0.75% | April 28, 2004 | |||
| $0.1 | 0.85% | January 28, 2004 | |||
| $0.1 | 0.90% | October 29, 2003 | |||
| $0.1 | 1.16% | July 29, 2003 | |||
| $0.1 | 1.06% | April 28, 2003 | |||
| $0.1 | 1.08% | January 29, 2003 | |||
| $0.1 | 1.04% | October 29, 2002 | |||
| $0.1 | 1.37% | July 26, 2002 | |||
| $0.1 | 1.03% | April 26, 2002 | |||
| $0.1 | 1.03% | January 29, 2002 | |||
| $0.1 | 1.03% | October 29, 2001 | |||
| $0.1 | 1.08% | July 26, 2001 | |||
| $0.1 | 1.01% | April 26, 2001 | |||
| $0.1 | 0.97% | January 29, 2001 | |||
| $0.1 | 0.95% | October 27, 2000 | |||
| $0.1 | 0.82% | July 26, 2000 | |||
| $0.1 | 0.79% | April 26, 2000 | |||
| $0.1 | 0.80% | January 27, 2000 | |||
| $0.1 | 0.77% | October 27, 1999 | |||
| $0.1 | 0.84% | July 28, 1999 | |||
| $0.1 | 0.76% | April 28, 1999 | |||
| $0.1 | 0.74% | January 27, 1999 | |||
| $0.1 | 0.94% | October 28, 1998 | |||
| $0.1 | 0.75% | July 29, 1998 | |||
| $0.1 | 0.94% | April 28, 1998 | |||
| $0.1 | 1.25% | January 28, 1998 | |||
| $0.1 | 1.29% | October 29, 1997 | |||
| $0.1 | 1.38% | July 29, 1997 | |||
| $0.1 | 1.61% | April 28, 1997 | |||
| $0.1 | 1.84% | January 29, 1997 | |||
| $0.1 | 2.05% | October 29, 1996 | |||
| $0.1 | 2.54% | July 29, 1996 | |||
| $0.1 | 2.41% | April 26, 1996 | |||
| $0.1 | 2.69% | January 29, 1996 | |||
| $0.1 | 2.69% | October 27, 1995 | |||
| $0.1 | 2.42% | July 27, 1995 | |||
| $0.1 | 2.96% | April 24, 1995 | |||
| $0.1 | 3.27% | January 25, 1995 | |||
| $0.1 | 3.64% | October 25, 1994 | |||
| $0.1 | 3.64% | July 25, 1994 | |||
| $0.1 | 3.17% | April 25, 1994 | |||
| $0.1 | 2.88% | January 25, 1994 | |||
| $0.1 | 2.35% | October 25, 1993 | |||
| $0.1 | 2.99% | July 26, 1993 | |||
| $0.1 | 2.88% | April 26, 1993 | |||
| $0.1 | 2.78% | January 25, 1993 | |||
| $0.1 | 2.46% | October 26, 1992 | |||
| $0.1 | 2.27% | July 27, 1992 | |||
| $0.1 | 2.16% | April 24, 1992 | |||
| $0.1 | 1.93% | January 27, 1992 | |||
| $0.1 | 1.77% | October 25, 1991 | |||
| $0.1 | 1.59% | July 25, 1991 | |||
| $0.1 | 1.66% | April 24, 1991 | |||
| $0.1 | 1.71% | January 31, 1991 | |||
| $0.1 | 1.85% | October 25, 1990 | |||
| $0.1 | 1.75% | July 25, 1990 | |||
| $0.1 | 1.60% | April 24, 1990 | |||
| $0.08 | 1.41% | January 25, 1990 | |||
| $0.08 | 1.24% | October 25, 1989 | |||
| $0.08 | 1.14% | July 25, 1989 | |||
| $0.08 | 0.99% | April 24, 1989 | |||
| $0.06 | 0.67% | January 25, 1989 | |||
| $0.06 | 0.36% | October 25, 1988 | |||
| $0.06 | 0.35% | July 25, 1988 |
Dividend Growth
Canadian Tire (CTC-A.TO) dividend payments have grown 0.28% over the past year
Note: This growth rate represents the year-over-year growth in total dividends paid by the company, which may differ from the growth in dividends per share if the number of outstanding shares has changed.
Dividend Safety
Dividend safety refers to the ability of a company to continue paying its dividends to shareholders without interruption or reduction. A company with a high level of dividend safety is generally considered to have a strong financial position, with a consistent history of paying dividends and a low risk of default.
Key Safety Indicators for CTC-A.TO
- Dividend Payout Ratio: 0.41% Low risk
- Dividend & Capex Coverage Ratio: 2.07x Strong coverage
- Dividend Frequency: Quarterly
- Recent Dividend Growth: 0.00% Positive
What These Indicators Mean
A low payout ratio (typically less than 60%) indicates that a company has enough earnings to pay dividends and retain earnings to reinvest in the business. Canadian Tire 's payout ratio is 0.41% , which is very conservative and suggests strong dividend sustainability.
The Dividend & Capex Coverage Ratio of 2.07x indicates how well the company can cover both its dividend payments and capital expenditures from operating cash flows. This strong ratio above 1.5x indicates Canadian Tire can comfortably cover its dividends and necessary investments from its operating cash flow.
Canadian Tire 's quarterly dividend structure is the most common among dividend-paying companies, providing a balance between regular income for investors and financial flexibility for the company.
Canadian Tire 's dividend growth rate of 0.00% is positive but modest, indicating steady but cautious dividend policies.
It is worth noting that dividend safety can change over time based on a company's financial performance, industry conditions, and management decisions. Regular monitoring of these metrics is recommended for dividend-focused investors.