Canadian Tire Co. Limited (TSE:CTC) Raises Dividend to $1.14 Per Share

Canadian Tire Co. Limited (TSE:CTC) declared a quarterly dividend on Thursday, November 7th, Zacks reports. Investors of record on Friday, January 31st will be paid a dividend of 1.138 per share on Sunday, March 1st. This represents a $4.55 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, January 30th. This is a boost from Canadian Tire’s previous quarterly dividend of $1.04.

The company has a 50 day moving average price of C$216.48 and a two-hundred day moving average price of C$224.90. The company has a quick ratio of 1.33, a current ratio of 1.81 and a debt-to-equity ratio of 208.50. The firm has a market capitalization of $13.07 billion and a price-to-earnings ratio of 17.10. Canadian Tire has a 12 month low of C$185.00 and a 12 month high of C$243.89.

Canadian Tire (TSE:CTC) last released its quarterly earnings data on Thursday, August 8th. The company reported C$2.97 earnings per share (EPS) for the quarter, missing the consensus estimate of C$2.99 by C($0.02). The business had revenue of C$3.69 billion during the quarter, compared to analysts’ expectations of C$3.73 billion.

Canadian Tire Company Profile

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates through three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting equipment, gasoline, sporting goods and active wear, and workwear under the Canadian Tire, SportChek, Sports Experts, National Sports, Pro Hockey Life, Atmosphere, Mark's, PartSource, Gas+, and Helly Hansen banners.

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Dividend History for Canadian Tire (TSE:CTC)

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