SmarterDividends
TMTN

Toromont Industries Ltd.

TMTNY

Industrials · Stock · quarterly payer

Forward Yield

0.84%

Annual Dividend

$0.33

Payout Ratio

9%

5-Yr Growth

Ex-Date

Jun 5, 2026

Frequency

Quarterly

Is TMTNY a good dividend stock?

Mixed

Toromont Industries Ltd. (TMTNY) pays a quarterly dividend yielding 0.84% ($0.33/yr), with 0 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record
  • Comfortable payout ratio (9%)

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.84%
Payout Ratio
9%
Annual Dividend
$0.33
5-Yr Avg Growth
Ex-Dividend Date
Jun 5, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.97
Market Cap
$15.8B
P/E Ratio
42.5
5-Yr Total Return
52-Week Range
$24.00 – $45.85
Dividend Safety
Ever Cut?
No
TMTNY ex-dividend date & scheduleNext ex-date Jun 5, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.33 / yr per share

Per payment (quarterly)$8.25
Annual$33.00
Monthly avg$2.75