Canadian Tire Co. Limited (CTC) Announces Dividend Increase – $0.90 Per Share
Canadian Tire Co. Limited (TSE:CTC) announced a quarterly dividend on Thursday, November 9th, RTT News reports. Investors of record on Wednesday, January 31st will be paid a dividend of 0.90 per share on Thursday, March 1st. This represents a $3.60 dividend on an annualized basis and a yield of 1.55%. This is a positive change from Canadian Tire Co. Limited’s previous quarterly dividend of $0.65.
Shares of Canadian Tire Co. Limited (CTC) opened at C$232.56 on Friday. Canadian Tire Co. Limited has a twelve month low of C$185.75 and a twelve month high of C$249.00.
Separately, Barclays PLC increased their price target on shares of Canadian Tire Co. Limited from C$171.00 to C$173.00 and gave the stock an “overweight” rating in a report on Monday.
Canadian Tire Co. Limited Company Profile
Canadian Tire Corporation, Limited is a Canada-based company, which operates through a range of businesses. The Company’s segments include Retail, CT REIT and Financial Services. Its retail segment operates through its retail banners, including Canadian Tire, PartSource, Petroleum, Mark’s, and the various FGL Sports banners.
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