Toromont Industries Ltd.
TMTNFIndustrials · Stock · quarterly payer
Forward Yield
1.10%
Annual Dividend
$1.62
Payout Ratio
34%
5-Yr Growth
9.7%
Ex-Date
Sep 4, 2026
Frequency
Quarterly
Summary
As of September 2026, Toromont Industries Ltd. (TMTNF) yields 1.10% ($1.62 per share annually), with a blended fair-value estimate of $141.15 — -4% downside, so it screens as fairly valued. Dividend safety grade: A (80/100). 10 years of dividend growth.
Is TMTNF a good dividend stock?
YesToromont Industries Ltd. (TMTNF) pays a quarterly dividend yielding 1.10% ($1.62/yr), with 10 years of growth and a dividend-safety grade of A. 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 9.7% 5-yr dividend growth
- 65% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2015
Key Data
- Dividend Yield
- 1.10%
- Payout Ratio
- 34%
- Annual Dividend
- $1.62
- 5-Yr Avg Growth
- 9.7%
- Ex-Dividend Date
- Sep 4, 2026
- Years of Growth
- 10
- Frequency
- quarterly
- Beta
- 0.95
- Market Cap
- $12.0B
- P/E Ratio
- 32.8
- 5-Yr Total Return
- 65%
- 52-Week Range
- $110.52 – $169.25
- Dividend Safety
- A · 80/100
- Ever Cut?
- Yes (2015)
Frequently Asked Questions
TMTNF Price — Last 12 Months
Daily close
Price Return
1 Year
+24%
3 Years
+93%
5 Years
+65%
52-Week Range
$110.52 – $169.25
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TMTNF worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Toromont Industries Ltd. is $141.15 per share, versus a market price of $146.80. That implies the stock is roughly fairly priced.
Fair Value
$141.15
Current Price
$146.80
Gap
-4%
Margin of Safety
-4%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.1% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $4.48 EPS, $1.62 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TMTNF Dividend Safety Score
Very Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 4, 2026 | — | $0.4060 | regular |
| Jun 5, 2026 | — | $0.4030 | regular |
| 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 |
Income Calculator
At $1.62 / yr per share
