Canlan Ice Sports (TSX:ICE) Dividend Payout Ratio : 0.10 (As of Mar. 2024)

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What is Canlan Ice Sports Dividend Payout Ratio?

Canlan Ice Sports's dividend payout ratio for the months ended in Mar. 2024 was 0.10.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Canlan Ice Sports Corp is 4.29, which seems too high.

The historical rank and industry rank for Canlan Ice Sports's Dividend Payout Ratio or its related term are showing as below:

TSX:ICE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.56 Max: 4.29
Current: 4.29

During the past 13 years, the highest Dividend Payout Ratio of Canlan Ice Sports was 4.29. The lowest was 0.09. And the median was 0.56.

TSX:ICE's Dividend Payout Ratio is ranked worse than
97.97% of 296 companies
in the Travel & Leisure industry
Industry Median: 0.38 vs TSX:ICE: 4.29

As of today (2024-05-22), the Dividend Yield % of Canlan Ice Sports is 3.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Canlan Ice Sports was 3.81%. The lowest was 0.75%. And the median was 2.20%.

Canlan Ice Sports's Dividends per Share for the months ended in Mar. 2024 was C$0.03.

During the past 12 months, Canlan Ice Sports's average Dividends Per Share Growth Rate was 100.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Canlan Ice Sports was 74.70% per year. The lowest was -34.10% per year. And the median was 7.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Canlan Ice Sports Dividend Payout Ratio Historical Data

The historical data trend for Canlan Ice Sports's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Canlan Ice Sports Dividend Payout Ratio Chart

Canlan Ice Sports Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.83

0.09

2.40

Canlan Ice Sports Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.10	0.50	-	0.40	0.10

Competitive Comparison of Canlan Ice Sports's Dividend Payout Ratio

For the Leisure subindustry, Canlan Ice Sports's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Canlan Ice Sports's Dividend Payout Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Canlan Ice Sports's Dividend Payout Ratio falls into.

Canlan Ice Sports Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Canlan Ice Sports's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.12	/	0.05
	=	2.40

Canlan Ice Sports's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.03	/	0.291
	=	0.10

Canlan Ice Sports (TSX:ICE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Canlan Ice Sports Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Canlan Ice Sports's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Canlan Ice Sports (TSX:ICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Canlan Ice Sports Corp (TSX:ICE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8

Website

https://www.canlansports.com

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment which is an Ice rink and recreational facilities which derive revenue from food and beverage, sports stores, sponsorship, space rental, and others. Geographically it generates the majority of its revenue from Canada.

Executives

Joey St. Aubin

Senior Officer