Toromont Industries Ltd (TIH.TO)

Exchange: TO
Currency: CAD

 
Price: 118.44 (Close)

Summary

 

52 Week range 200d Moving Avg. Beta
88.26 – 118.74 108.55 0.69
Dividend Dividend Yield Ex-Dividend date
1.56 1.32% 2022-03-08
P/E Ratio Latest EPS DGR 3 years
29.61 4.00 13.92%
Near Fair Value
Low
Low Volatility
High
Slow
Dividend Growth
Fast

Profile

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment is involved in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services. This segment serves road building, mining, aggregates, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, industrial, demolition, and waste management sectors. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada.

 

Sector: Industry:
Industrials Industrial Distribution


Dividend Safety Metrics

Latest EPS 4.00
Annual Payout 1.56
Payout Ratio 39.00%
Dividend growth 30 Years
Dividend Score 0
Dividend Coverage Ratio 2.56
Altman-Z score 0.00

 

Toromont Industries Ltd (TIH.TO) Valuation


Toromont Industries Ltd’s current dividend yield of 1.32% is -8% below its 5-year average. The 5-year average dividend yield is 1.44% (see red-line in chart). This indicates the stock looks reasonably valued today.

Toromont Industries Ltd (TIH.TO) Performance

The chart below displays the total price return(%) of Toromont Industries Ltd for different periods:

 

Toromont Industries Ltd (TIH.TO) Total Return

The chart below displays the (CAGR) total return (%) including all dividends paid of Toromont Industries Ltd for different periods:

 


Dividend Scorecard

Dividend Yield (TTM) Annual Payout Payout Ratio Dividend growth
1.32 1.56 39.00% 30 Years

 

Dividend Growth Summary

3 Year Growth Rate (CAGR) 13.92%
5 Year Growth Rate (CAGR) 13.56%
10 Year Growth Rate (CAGR) 12.73%

Dividend Growth Rates History

Year Payout Amount Annual Payout Growth (YoY)
2022 0.390 -%
2021 1.360 9.7%
2020 1.240 14.8%
2019 1.080 17.4%
2018 0.920 21.1%
2017 0.760 5.6%
2016 0.720 5.9%
2015 0.680 13.3%
2014 0.600 15.4%
2013 0.520 8.3%
2012 0.480 17.0%
2011 0.410 17.3%
2010 0.350 3.3%
2009 0.338 7.1%
2008 0.316 16.7%

Toromont Industries Ltd (TIH.TO) Dividend Payment History