Toromont Industries Ltd./ADR (TMTNY) Dividend Yield, History & Safety Analysis
Toromont Industries Ltd./ADR (TMTNY) pays a modest 1.02% dividend yield, or $0.33 per share annually at a stock price of $32.30. The payout ratio of 9% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.8x. The most recent ex-dividend date was June 5, 2026.
- Dividend Yield
- 1.02%
- Annual Dividend
- $0.33
- Payout Ratio
- 8.9%
- Consecutive Years of Growth
- 0
- Ex-Dividend Date
- 2026-06-05
- Sector
- Industrials
- Earnings Per Share
- $0.91
Frequently Asked Questions
What is TMTNY's current dividend yield?
Toromont Industries Ltd./ADR (TMTNY) has a dividend yield of 1.02%, paying $0.33 per share annually.
How often does TMTNY pay dividends?
Toromont Industries Ltd./ADR typically pays dividends on a quarterly basis. The annual dividend totals $0.33 per share.
Is TMTNY's dividend safe?
Toromont Industries Ltd./ADR's dividend safety is rated "Safe." The payout ratio of 9% is well within sustainable levels, leaving room for future increases. Earnings cover the dividend 2.8x.
When is TMTNY's next ex-dividend date?
The most recent ex-dividend date for Toromont Industries Ltd./ADR was June 5, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is TMTNY's payout ratio?
Toromont Industries Ltd./ADR has a payout ratio of 9%, meaning it distributes 9% of its earnings as dividends. This leaves significant room for dividend growth.
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