Dividend Yield (TTM)
1.10%
vs 5Y avg 3.80% · 10Y avg 3.87%
Dividend Yield (Forward)
2.23%
4 payments/yr (spacing)
Dividends / Share (TTM)
C$1.20
Forward (annualized): C$2.40
Payout Ratio (EPS, TTM)
47.5%
Payout Ratio (FCF, TTM)
40.7%
Dividend CAGR (3Y / 5Y / 10Y)
3Y7.1%5Y16.1%10Y10.5%
Consecutive Growth Years
4
as of 2025
Years Without a Cut
4
as of 2025
Total Shareholder Yield (TTM)
6.46%
Div 3.06% + Net buyback 3.40%
Growth, streak and CAGR figures exclude special dividends.
Statement cash flows converted from the reporting currency at each fiscal year's average rate (vendor forex_rate).
Dividends per share
Cash dividends, split-adjusted · CAD
Payout ratio
Dividends per share ÷ diluted EPS and ÷ free cash flow per share, by fiscal year.
Dividend yield
Trailing-twelve-month dividends ÷ month-end price.
Capital returns
Net buybacks = repurchases − stock issuance, fiscal-year cash flows. SBC shown for dilution context.
Total Shareholder Yield (TTM)
6.5%
Dividends 3.1% + Net buybacks 3.4%
Net Buyback (TTM)
€1.97B
Gross €1.97B − Issuance €0
SBC (TTM)
−€3M
Share-based compensation, dilution driver
Net share-count change % / yr
Annual dividend growth
Dividend growth is decelerating (4.8% latest vs 31.9% 3-yr avg).
| Year | DPS (regular sum, CAD) | Change | Hikes | |
|---|---|---|---|---|
| 2025 | 2.31 | +4.8% | 1 | |
| 2024 | 2.21 | +4.8% | 1 | |
| 2023 | 2.11 | +12.0% | 1 | |
| 2022 | 1.88 | +79.0% | 2 | |
| 2021 | 1.05 | -4.1% | 1 | |
| 2020 | 1.10 | -34.8% | 1 | |
| 2019 | 1.68 | +16.7% | 1 | |
| 2018 | 1.44 | +12.5% | 1 | |
| 2017 | 1.28 | +10.3% | 1 | |
| 2016 | 1.16 | +36.5% | 0 | |
| 2015 | 0.85 | -16.7% | 1 | |
| 2014 | 1.02 | +39.7% | 2 | |
| 2013 | 0.73 | +46.0% | 1 | |
| 2012 | 0.50 | +16.3% | 1 | |
| 2011 | 0.43 | +330.0% | 1 |
Special dividends are excluded from these figures. Based on 61 regular payments.
Payment history (61 payments)
| Δ% | Type | Frequency | Declaration | Record | Pay date | ||
|---|---|---|---|---|---|---|---|
| 2026-03-04 | CAD 0.6 | 0.0% | Cash | quarterly | - | 2026-03-04 | 2026-03-25 |
| 2025-12-03 | CAD 0.6 | +5.3% | Cash | quarterly | - | 2025-12-03 | 2025-12-24 |
| 2025-09-04 | CAD 0.57 | 0.0% | Cash | quarterly | - | 2025-09-04 | 2025-09-25 |
| 2025-06-04 | CAD 0.57 | 0.0% | Cash | quarterly | - | 2025-06-04 | 2025-06-25 |
| 2025-03-04 | CAD 0.57 | 0.0% | Cash | quarterly | - | 2025-03-04 | 2025-03-25 |
| 2024-12-03 | CAD 0.57 | +4.6% | Cash | quarterly | - | 2024-12-03 | 2024-12-24 |
| 2024-09-04 | CAD 0.545 | 0.0% | Cash | quarterly | - | 2024-09-04 | 2024-09-25 |
| 2024-06-04 | CAD 0.545 | 0.0% | Cash | quarterly | - | 2024-06-04 | 2024-06-25 |
| 2024-03-01 | CAD 0.545 | 0.0% | Cash | quarterly | - | 2024-03-04 | 2024-03-25 |
| 2023-11-30 | CAD 0.545 | +4.8% | Cash | quarterly | - | 2023-12-01 | 2023-12-22 |
| 2023-08-31 | CAD 0.52 | 0.0% | Cash | quarterly | - | 2023-09-01 | 2023-09-25 |
| 2023-06-02 | CAD 0.52 | 0.0% | Cash | quarterly | - | 2023-06-05 | 2023-06-26 |
| 2023-03-02 | CAD 0.52 | 0.0% | Cash | quarterly | - | 2023-03-03 | 2023-03-24 |
| 2022-12-01 | CAD 0.52 | +10.6% | Cash | quarterly | - | 2022-12-02 | 2022-12-23 |
| 2022-09-01 | CAD 0.47 | 0.0% | Cash | quarterly | - | 2022-09-02 | 2022-09-26 |
| 2022-06-02 | CAD 0.47 | +11.9% | Cash | quarterly | - | 2022-06-03 | 2022-06-24 |
| 2022-03-03 | CAD 0.42 | 0.0% | Cash | quarterly | - | 2022-03-04 | 2022-03-25 |
| 2021-12-02 | CAD 0.42 | +100.0% | Cash | quarterly | - | 2021-12-03 | 2021-12-24 |
| 2021-09-02 | CAD 0.21 | 0.0% | Cash | quarterly | - | 2021-09-03 | 2021-09-24 |
| 2021-06-03 | CAD 0.21 | 0.0% | Cash | quarterly | - | 2021-06-04 | 2021-06-25 |
| 2021-03-03 | CAD 0.21 | 0.0% | Cash | quarterly | - | 2021-03-04 | 2021-03-25 |
| 2020-12-02 | CAD 0.21 | 0.0% | Cash | quarterly | - | 2020-12-03 | 2020-12-24 |
| 2020-09-03 | CAD 0.21 | 0.0% | Cash | quarterly | - | 2020-09-04 | 2020-09-25 |
| 2020-06-03 | CAD 0.21 | -54.8% | Cash | quarterly | - | 2020-06-04 | 2020-06-25 |
| 2020-03-03 | CAD 0.465 | +10.7% | Cash | quarterly | - | 2020-03-04 | 2020-03-25 |
| 2019-12-02 | CAD 0.42 | 0.0% | Cash | quarterly | - | 2019-12-03 | 2019-12-24 |
| 2019-09-03 | CAD 0.42 | 0.0% | Cash | quarterly | - | 2019-09-04 | 2019-09-25 |
| 2019-06-03 | CAD 0.42 | 0.0% | Cash | quarterly | - | 2019-06-04 | 2019-06-25 |
| 2019-03-01 | CAD 0.42 | +16.7% | Cash | quarterly | - | 2019-03-04 | 2019-03-25 |
| 2018-11-30 | CAD 0.36 | 0.0% | Cash | quarterly | - | 2018-12-03 | 2018-12-24 |
| 2018-08-31 | CAD 0.36 | 0.0% | Cash | quarterly | - | 2018-09-04 | 2018-09-25 |
| 2018-06-01 | CAD 0.36 | 0.0% | Cash | quarterly | - | 2018-06-04 | 2018-06-25 |
| 2018-03-02 | CAD 0.36 | +12.5% | Cash | quarterly | - | 2018-03-05 | 2018-03-26 |
| 2017-11-30 | CAD 0.32 | 0.0% | Cash | quarterly | - | 2017-12-01 | 2017-12-22 |
| 2017-08-31 | CAD 0.32 | 0.0% | Cash | quarterly | - | 2017-09-05 | 2017-09-25 |
| 2017-06-01 | CAD 0.32 | 0.0% | Cash | quarterly | - | 2017-06-05 | 2017-06-26 |
| 2017-03-01 | CAD 0.32 | +10.3% | Cash | quarterly | - | 2017-03-03 | 2017-03-24 |
| 2016-11-30 | CAD 0.29 | 0.0% | Cash | quarterly | - | 2016-12-02 | 2016-12-23 |
| 2016-09-01 | CAD 0.29 | 0.0% | Cash | quarterly | - | 2016-09-06 | 2016-09-26 |
| 2016-06-01 | CAD 0.29 | 0.0% | Cash | quarterly | - | 2016-06-03 | 2016-06-24 |
| 2016-03-02 | CAD 0.29 | 0.0% | Cash | quarterly | - | 2016-03-04 | 2016-03-25 |
| 2015-11-30 | CAD 0.29 | +3.6% | Cash | quarterly | - | 2015-12-02 | 2015-12-24 |
| 2015-06-02 | CAD 0.28 | 0.0% | Cash | quarterly | - | 2015-06-04 | 2015-06-25 |
| 2015-03-02 | CAD 0.28 | 0.0% | Cash | quarterly | - | 2015-03-04 | 2015-03-25 |
| 2014-12-01 | CAD 0.28 | 0.0% | Cash | quarterly | - | 2014-12-03 | 2014-12-24 |
| 2014-09-02 | CAD 0.28 | +21.7% | Cash | quarterly | - | 2014-09-04 | 2014-09-25 |
| 2014-06-02 | CAD 0.23 | 0.0% | Cash | quarterly | - | 2014-06-04 | 2014-06-25 |
| 2014-02-28 | CAD 0.23 | +15.0% | Cash | quarterly | - | 2014-03-04 | 2014-03-25 |
| 2013-11-29 | CAD 0.2 | 0.0% | Cash | quarterly | - | 2013-12-03 | 2013-12-24 |
| 2013-08-30 | CAD 0.2 | 0.0% | Cash | quarterly | - | 2013-09-04 | 2013-09-25 |
| 2013-05-31 | CAD 0.2 | +53.8% | Cash | quarterly | - | 2013-06-04 | 2013-06-25 |
| 2013-02-28 | CAD 0.13 | 0.0% | Cash | quarterly | - | 2013-03-04 | 2013-03-25 |
| 2012-11-29 | CAD 0.13 | 0.0% | Cash | quarterly | - | 2012-12-03 | 2012-12-24 |
| 2012-08-30 | CAD 0.13 | 0.0% | Cash | quarterly | - | 2012-09-04 | 2012-09-25 |
| 2012-05-31 | CAD 0.13 | +18.2% | Cash | quarterly | - | 2012-06-04 | 2012-06-25 |
| 2012-03-01 | CAD 0.11 | 0.0% | Cash | quarterly | - | 2012-03-05 | 2012-03-26 |
| 2011-11-30 | CAD 0.11 | 0.0% | Cash | quarterly | - | 2011-12-02 | 2011-12-23 |
| 2011-09-01 | CAD 0.11 | 0.0% | Cash | quarterly | - | 2011-09-06 | 2011-09-26 |
| 2011-06-01 | CAD 0.11 | +10.0% | Cash | quarterly | - | 2011-06-03 | 2011-06-24 |
| 2011-03-02 | CAD 0.1 | 0.0% | Cash | quarterly | - | 2011-03-04 | 2011-03-25 |
| 2010-12-01 | CAD 0.1 | – | Cash | quarterly | - | 2010-12-03 | 2010-12-24 |
Amounts are in the declared currency; the listing currency is EUR.
No splits on record.