Toromont Industries Ltd.
TMTNFIndustrials · Stock · quarterly payer
$158.42
Add to PortfolioForward Yield
0.99%
Annual Dividend
$1.57
Payout Ratio
34%
5-Yr Growth
10.1%
Ex-Date
Jun 5, 2026
Frequency
Quarterly
TMTNF Dividend Safety Score
78/ 100
Grade B
Safe
Dividend-growth streak10 consecutive years of growth
Cut historyCut its dividend in 2015
Earnings payout coverage34% of earnings paid out
Free-cash-flow coverage23% of free cash flow
Balance-sheet strengthDebt/equity of 0.25
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is TMTNF a good dividend stock?
YesToromont Industries Ltd. (TMTNF) pays a quarterly dividend yielding 0.99% ($1.57/yr), with 10 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 10 consecutive years of dividend growth
- Comfortable payout ratio (34%)
- Strong 10.1% 5-yr dividend growth
- 84% total price return over 5 years
Risks
- Cut its dividend in 2015
Key Data
- Dividend Yield
- 0.99%
- Payout Ratio
- 34%
- Annual Dividend
- $1.57
- 5-Yr Avg Growth
- 10.1%
- Ex-Dividend Date
- Jun 5, 2026
- Years of Growth
- 10
- Frequency
- quarterly
- Beta
- 0.97
- Market Cap
- $12.9B
- P/E Ratio
- 34.8
- 5-Yr Total Return
- 84%
- 52-Week Range
- $87.25 – $164.63
- Dividend Safety
- B · 78/100
- Ever Cut?
- Yes (2015)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Mar 6, 2026 | — | $0.4090 | regular |
| Sep 5, 2025 | — | $0.3770 | regular |
| Jun 6, 2025 | — | $0.3800 | regular |
| Mar 7, 2025 | — | $0.3640 | regular |
| Dec 6, 2024 | — | $0.3420 | regular |
| Sep 6, 2024 | — | $0.3560 | regular |
| Jun 7, 2024 | — | $0.3510 | regular |
| Mar 7, 2024 | — | $0.3550 | regular |
| Dec 7, 2023 | — | $0.3160 | regular |
| Sep 7, 2023 | — | $0.3150 | regular |
| Jun 8, 2023 | — | $0.3220 | regular |
| Mar 8, 2023 | — | $0.3130 | regular |
| Dec 7, 2022 | — | $0.2860 | regular |
| Sep 7, 2022 | — | $0.2970 | regular |
Income Calculator
At $1.57 / yr per share
Per payment (quarterly)$39.25
Annual$157.00
Monthly avg$13.08
