Canadian Tire Co. Limited (CTC) Declares $0.65 Quarterly Dividend
Canadian Tire Co. Limited (TSE:CTC) announced a quarterly dividend on Wednesday, August 16th, Zacks reports. Stockholders of record on Tuesday, October 31st will be given a dividend of 0.65 per share on Friday, December 1st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date is Monday, October 30th.
Shares of Canadian Tire Co. Limited (TSE CTC) opened at 233.50 on Thursday. The stock has a market cap of $16.00 billion and a price-to-earnings ratio of 23.44. Canadian Tire Co. Limited has a 12-month low of $174.00 and a 12-month high of $242.00. The stock’s 50 day moving average is $235.26 and its 200-day moving average is $217.49.
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Separately, Desjardins raised Canadian Tire Co. Limited from a “hold” rating to a “buy” rating in a research note on Thursday, June 15th.
About Canadian Tire Co. Limited
Canadian Tire Corporation, Limited provides a range of products and services through a portfolio of retail banners in Canada. Its Retail segment operates general merchandise retail tire stores with approximately 150,000 stock keeping units in living, fixing, playing, automotive, and seasonal divisions under the Canadian Tire banner; a chain of 91 automotive parts specialty stores under the PartSource banner; and as a retailer of gasoline with a network of 296 retail gas bars under the Petroleum banner.
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