Toromont Industries (TIH) Dividend History & Analysis

Track McKesson's (TIH) dividend history - current yield, annual dividend growth rate, payout history and peer comparisons.

Yield 12m 1.70%
Dividends per Share 12m 1.96
Dividend Growth Rate 5y 9.14%
Overall Dividend Rating 60.74%
Yield on Cost 5y 3.50%
Payout Ratio 31.9%
Payout Frequency 12m 4
Payout Consistency 77.4%
Total Return 12m: -14.39%
#46 in Group
Total Return 5y: 98.39%
#48 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Trading Companies & Distributors

Highest Dividend Yields in Sector
Symbol Market Cap
(USD)
Dividend Yield Yield on Cost
TIH 6,393m 1.70% 3.50%
RXL 8,251m 9.91% 39.7%
SIX3 3,693m 12.4% 21.0%
WJX 264m 6.80% 30.4%
Highest Dividend Growth Rate in Sector
Symbol Market Cap
(USD)
Growth Rate Payout Ratio
TIH 6,393m 9.14% 31.9%
INTR 2,577m 63.3% 10.0%
BDI 373m 59.7% 33.1%
HRI 3,920m 51.9% 20.9%

TIH Dividend History: Last 40 Payments (CAD)

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate Payout Yield
2025-03-07 2025-04-04 0.52 8.3% 0.44%
2024-12-06 2025-01-06 0.48 0.43%
2024-09-06 2024-10-02 0.48 0.4%
2024-06-07 2024-06-07 2024-07-05 Quarterly 0.48 0.4%
2024-03-07 2024-03-08 2024-04-04 Quarterly 0.48 11.6% 0.39%
2023-12-07 2023-12-08 2024-01-04 Quarterly 0.43 0.38%
2023-09-07 2023-09-08 2023-10-04 Quarterly 0.43 0.39%
2023-06-08 2023-06-09 2023-07-05 Quarterly 0.43 0.4%
2023-03-08 2023-03-09 2023-04-04 Quarterly 0.43 10.3% 0.38%
2022-12-07 2022-12-08 2023-01-05 Quarterly 0.39 0.38%
2022-09-07 2022-10-04 2022-10-04 Quarterly 0.39 0.39%
2022-06-08 2022-07-05 2022-07-05 Quarterly 0.39 0.36%
2022-03-08 2022-04-04 2022-04-04 Quarterly 0.39 11.4% 0.35%
2021-12-07 2022-01-05 2022-01-05 Quarterly 0.35 0.32%
2021-09-07 2021-10-04 2021-10-04 Quarterly 0.35 0.33%
2021-06-08 2021-06-09 2021-07-05 Quarterly 0.35 12.9% 0.32%
2021-03-08 2021-03-09 2021-04-01 Quarterly 0.31 0.34%
2020-12-08 2021-01-05 2021-01-05 Quarterly 0.31 0.34%
2020-09-04 2020-10-02 2020-10-02 Quarterly 0.31 0.42%
2020-06-08 2020-07-03 2020-07-03 Quarterly 0.31 0.42%
2020-03-06 2020-04-02 2020-04-02 Quarterly 0.31 14.8%
2019-12-06 2019-12-09 2020-01-03 Quarterly 0.27
2019-09-05 2019-10-02 2019-10-02 Quarterly 0.27
2019-06-06 2019-07-03 2019-07-03 Quarterly 0.27
2019-03-07 2019-04-03 2019-04-03 Quarterly 0.27 17.4%
2018-12-06 2019-01-03 2019-01-03 Quarterly 0.23
2018-09-06 2018-10-02 2018-10-02 Quarterly 0.23
2018-06-07 2018-07-03 2018-07-03 Quarterly 0.23
2018-03-08 2018-03-09 2018-04-02 Quarterly 0.23 21.1%
2017-12-07 2018-01-03 2018-01-03 Quarterly 0.19
2017-09-07 2017-09-08 2017-10-02 Quarterly 0.19
2017-06-07 2017-07-04 2017-07-04 Quarterly 0.19
2017-03-08 2017-04-03 2017-04-03 Quarterly 0.19 5.6%
2016-12-07 2017-01-03 2017-01-03 Quarterly 0.18
2016-09-07 2016-10-03 2016-10-03 Quarterly 0.18
2016-06-08 2016-07-04 2016-07-04 Quarterly 0.18
2016-03-08 2016-04-01 2016-04-01 Quarterly 0.18 5.9%
2015-12-08 2016-01-04 2016-01-04 Quarterly 0.17
2015-09-09 2015-10-01 2015-10-01 Quarterly 0.17
2015-06-09 2015-07-02 2015-07-02 Quarterly 0.17

TIH Dividend FAQ

Does TIH pay dividends?

Yes, as of April 2025, TIH paid a dividend of 1.96 CAD in the last 12 months. The last dividend was paid on 2025-03-07.

What is the Dividend Yield of TIH?

As of April 2025, TIH`s dividend yield is 1.70%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.96M CAD by the current share price of 111.01.

How often does TIH pay dividends?

TIH pays dividends quarterly. Over the last 12 months (TTM), TIH has issued 4 dividend payments.

What is the next Ex-Dividend Date for TIH?

The next ex-dividend date for Toromont Industries (TIH) is unknown.

What is the Dividend Growth of TIH?

TIH's average dividend growth rate over the past 5 years is 9.14M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of TIH?

TIH's 5-Year Yield on Cost is 3.50M%. This represents the effective dividend yield for an investor who bought Toromont Industries five years ago. It is calculated as the sum of all trailing 12-month dividends (1.96M) divided by the purchase price five years ago (55.95):

What is the Payout Consistency of TIH?

TIH Payout Consistency is 77.4%.
Moderately consistent: Toromont Industries has a good track record of consistent dividend payments.

Does TIH have a good Dividend Yield?

TIH`s 1.70% Dividend Yield is considered as low.

What is the Dividend Payout Ratio of TIH?

The Dividend Payout Ratio of TIH is 31.9%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of TIH?

TIH`s Overall Dividend Rating is 60.74%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

TIH Outstanding Shares Analysis

What is the Trend in TIH`s Outstanding Shares?

Toromont Industries`s outstanding shares have decreased by approximately -0.17% annually over the past 5 years (Correlation: -90.0%), positively influencing stock price.

Has Toromont Industries ever had a Stock Split?

Yes, last Stock Split was on 2004-04-01 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares Annual Growth Rate
1993 56,363,600
1994 56,250,000 -0.2%
1995 58,000,000 +3.11%
1996 62,439,000 +7.65%
1997 60,000,000 -3.91%
1998 60,000,000
1999 57,333,300 -4.44%
2000 58,067,200 +1.28%
2001 64,326,100 +10.78%
2002 63,404,000 -1.43%
2003 64,253,200 +1.34%
2004 63,247,300 -1.57%
2005 63,762,500 +0.81%
2006 64,526,900 +1.2%
2007 65,515,500 +1.53%
2008 64,865,100 -0.99%
2009 74,205,900 +14.4%
2010 77,493,000 +4.43%
2011 77,474,800 -0.02%
2012 77,088,900 -0.5%
2013 77,567,100 +0.62%
2014 78,132,000 +0.73%
2015 78,422,700 +0.37%
2016 79,221,300 +1.02%
2017 81,886,600 +3.36%
2018 82,001,200 +0.14%
2019 82,548,800 +0.67%
2020 83,249,000 +0.85%
2021 83,257,200 +0.01%
2022 82,830,100 -0.51%
2023 82,823,700 -0.01%
2024 82,545,400 -0.34%