Toromont Industries Ltd.

Toromont Industries Ltd.verified

TIH.TO

Price:

$122.6

Market Cap:

$10.05B

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 engages 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 building, mining, aggregates, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, indust...[Read more]

Industry

Industrial - Distribution

IPO Date

1996-08-13

Stock Exchange

TSX

Ticker

TIH.TO

The Dividend Yield as of November 2024 (TTM) for Toromont Industries Ltd. (TIH.TO) is 1.53%

According to Toromont Industries Ltd.’s latest financial reports and current stock price. The company's current Dividend Yield is 1.53%. This represents a change of 307.73% compared to the average of 0.37% of the last 4 quarters.

Toromont Industries Ltd. (TIH.TO) Historical Dividend Yield (quarterly & annually)

How has TIH.TO Dividend Yield performed in the past?

The mean historical Dividend Yield of Toromont Industries Ltd. over the last ten years is 1.58%. The current 1.53% Dividend Yield has changed -3.35% with respect to the historical average. Over the past ten years (40 quarters), TIH.TO's Dividend Yield was at its highest in in the September 2014 quarter at 0.56%. The Dividend Yield was at its lowest in in the June 2021 quarter at 0.29%.

Quarterly (TTM)
Annual

Average

1.58%

Median

1.52%

Minimum

1.16%

Maximum

2.09%

Toromont Industries Ltd. (TIH.TO) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Toromont Industries Ltd. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 34.72%

Maximum Annual Dividend Yield = 2.09%

Minimum Annual Increase = -19.84%

Minimum Annual Dividend Yield = 1.16%

Quarterly (TTM)
Annual
YearDividend YieldChange
20231.48%-5.06%
20221.56%34.72%
20211.16%-14.08%
20201.34%-8.67%
20191.47%-9.16%
20181.62%19.39%
20171.36%-18.96%
20161.68%-19.84%
20152.09%2.79%
20142.03%6.35%

Toromont Industries Ltd. (TIH.TO) Average Dividend Yield

How has TIH.TO Dividend Yield performed in the past?

The current Dividend Yield of Toromont Industries Ltd. (TIH.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.40%

5-year avg

1.40%

10-year avg

1.58%

Toromont Industries Ltd. (TIH.TO) Dividend Yield vs. Peers

How is TIH.TO’s Dividend Yield compared to its peers?

Toromont Industries Ltd.’s Dividend Yield is less than Finning International Inc. (2.56%), less than Stantec Inc. (0.55%), less than RB Global, Inc. (1.25%), less than CCL Industries Inc. (1.40%), less than Thomson Reuters Corporation (1.34%),

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