Cash Dividend On The Way From Toromont Industries (TIH.CA)

On 9/7/16, Toromont Industries Ltd (TIH.CA) will trade ex-dividend, for its quarterly dividend of $0.18, payable on 10/3/16. As a percentage of TIH.CA's recent stock price of $39.84, this dividend works out to approximately 0.45%.

Below is a dividend history chart for TIH.CA, showing historical dividends prior to the most recent $0.18 declared by Toromont Industries Ltd:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TIH.CA is likely to continue, and whether the current estimated yield of 1.81% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TIH.CA shares, versus its 200 day moving average:

Looking at the chart above, TIH.CA's low point in its 52 week range is $27.25 per share, with $40.89 as the 52 week high point — that compares with a last trade of $39.84.


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In Tuesday trading, Toromont Industries Ltd shares are currently down about 1.1% on the day.

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Posted In: NewsCanadian