About Toromont Industries Ltd.
Industrial - Distribution
Industrials
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO...
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Dividend Score
Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength
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Dividend Stability
TIH.TO has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
TIH.TO's dividend payments have increased by 12.196% annually over the last 5 years.
Earnings Growth
TIH.TO's earnings have grown by 13.268% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
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Toromont Industries Ltd. Key Metrics
- Market Cap
- $11B
- 52 Weeks Low
- $100.81
- 52 Weeks High
- $135.53
- Dividend Yield
- 1.49%
- P/E
- 20.30x
- P/S
- 2.20x
Upcoming Events
Dividend Payment
Toromont Industries Ltd. Dividends
- Dividend Yield
- 1.49%
- Payout Ratio
- 29.03%
- Dividend Amount Per Share
- $1.82
- Last Ex-Dividend Date
- Sep 06, 2024
TIH.TO Dividend Safety
TIH.TO paid out 29.03% of its $535M earnings as dividends over the last 12 months.
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Very Unsafe
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Dividend Payout Ratio
TIH.TO's Dividend Payout Ratio of 29.027% is considered safe for the Industrials sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
TIH.TO's Interest Coverage Ratio of 24.164 indicates strong financial health with easy coverage of interest expenses.
Income Quality
TIH.TO demonstrates poor income quality with a ratio of 0.672. This indicates low-quality earnings and high risk of dividend cuts.
TIH.TO Dividend Growth
Toromont Industries Ltd.(TIH.TO) offers a dividend yield of 1.49% and pays $1.82 in dividends per share. Explore the historical dividend growth of TIH.TO.
Dividend Stability
TIH.TO has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
TIH.TO's dividend payments have increased by 12.196% annually over the last 5 years.
Earnings Growth
TIH.TO's earnings have grown by 13.268% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
TIH.TO Analyst Forecasts
TIH.TO Financials
TIH.TO Income Statement Key Metrics
- Revenue(TTM)4.78 B
- Gross Profit(TTM)1.24 B
- EBITDA(TTM)916.01 M
- Net Income(TTM)518.94 M
- EPS Diluted(TTM)6.27
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TIH.TO earnings and revenue history
Gross Profit Margin vs Peers
Profit margin ratio of TIH.TO (0.269) is lower than the average of its peers (0.412).
Net Profit Margin vs Peers
Net profit margin ratio of TIH.TO (0.116) is lower than the average of its peers (0.127).
TIH.TO Return on Equity
See how efficiently TIH.TO generates profit for it's shareholders.
19.92%
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Return on Equity vs Peers
Return on Equity ratio of TIH.TO (0.199) is higher than the average of its peers (0.146).
Return on Equity Growth
TIH.TO's Return on Equity has shown poor growth over the past 10 years, increasing by only -0.01%.
TIH.TO Revenue Growth
See how TIH.TO has grown it's revenue over the past 10 years.
Revenue Growth
TIH.TO's revenue has grown significantly over the past 10 years, increasing by over 10.78%.