SmarterDividends
TMTN

Toromont Industries Ltd.

TMTNY

Industrials · Stock · quarterly payer

$29.38

Overvalued · -53% Add to Portfolio

Forward Yield

0.81%

Annual Dividend

$0.24

Payout Ratio

18%

5-Yr Growth

Ex-Date

Sep 4, 2026

Frequency

Quarterly

Summary

As of August 2026, Toromont Industries Ltd. (TMTNY) yields 0.81% ($0.24 per share annually), with a blended fair-value estimate of $13.76 — -53% downside, so it screens as overvalued.

Is TMTNY a good dividend stock?

Mixed

Toromont Industries Ltd. (TMTNY) pays a quarterly dividend yielding 0.81% ($0.24/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 (18%)

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
0.81%
Payout Ratio
18%
Annual Dividend
$0.24
5-Yr Avg Growth
Ex-Dividend Date
Sep 4, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.97
Market Cap
$12.0B
P/E Ratio
32.3
5-Yr Total Return
52-Week Range
Dividend Safety
Ever Cut?
No
TMTNY ex-dividend date & scheduleNext ex-date Sep 4, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.24 / yr per share

Per payment (quarterly)$6.00
Annual$24.00
Monthly avg$2.00