Toromont Industries Ltd.
TMTNYIndustrials · Stock · quarterly payer
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?
MixedToromont 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
Frequently Asked Questions
TMTNY Price — Last 12 Months
Daily close
Price Return
1 Year
—
3 Years
—
5 Years
—
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TMTNY worth?
Overvaluedlow confidenceOur blended fair-value estimate for Toromont Industries Ltd. is $13.76 per share, versus a market price of $29.38. That implies 53% of downside.
Fair Value
$13.76
Current Price
$29.38
Downside
-53%
Margin of Safety
-113%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.2% discount rate (CAPM), 4.0% stage-1 growth, 2.5% terminal growth, $0.91 EPS, $0.24 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 5, 2026 | — | $0.0818 | regular |
| Jun 5, 2026 | — | $0.0786 | regular |
| Mar 13, 2026 | — | $0.0805 | regular |
Income Calculator
At $0.24 / yr per share



