WNGRF (George Weston) Dividend Payout Ratio : 10.25 (As of Sep. 2024)

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What is George Weston Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. George Weston's Dividend Payout Ratio for the months ended in Sep. 2024 was 10.25.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of George Weston Ltd is 0.73, which seems too high.

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

WNGRF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21 Med: 0.29 Max: 1.47
Current: 0.74

During the past 13 years, the highest Dividend Payout Ratio of George Weston was 1.47. The lowest was 0.21. And the median was 0.29.

WNGRF's Dividend Payout Ratio is ranked worse than
83.42% of 187 companies
in the Retail - Defensive industry
Industry Median: 0.35 vs WNGRF: 0.74

As of today (2025-01-07), the Dividend Yield % of George Weston is 1.46%.

During the past 13 years, the highest Trailing Annual Dividend Yield of George Weston was 2.30%. The lowest was 1.31%. And the median was 1.65%.

George Weston's Dividends per Share for the months ended in Sep. 2024 was $0.61.

During the past 12 months, George Weston's average Dividends Per Share Growth Rate was 11.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 9.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.50% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 5.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of George Weston was 42.40% per year. The lowest was -25.30% per year. And the median was 5.60% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

George Weston Dividend Payout Ratio Historical Data

The historical data trend for George Weston'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.

George Weston Dividend Payout Ratio Chart

George Weston Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.47

0.33

0.28

0.21

0.26

George Weston Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.16	-	0.49	0.28	10.25

Competitive Comparison of George Weston's Dividend Payout Ratio

For the Grocery Stores subindustry, George Weston'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.

George Weston's Dividend Payout Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, George Weston's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where George Weston's Dividend Payout Ratio falls into.

George Weston Dividend Payout Ratio Calculation

George Weston'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 )
	=	2.086	/	8.013
	=	0.26

George Weston's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.605	/	0.059
	=	10.25

George Weston (OTCPK:WNGRF) Dividend Payout Ratio Explanation

In dividends investing, Dividend 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.

George Weston Dividend Payout Ratio Related Terms

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

George Weston Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » George Weston Ltd (OTCPK:WNGRF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

WN.PR.E.PFD:Canada WN.PR.D.PFD:Canada WN.PR.C.PFD:Canada WN.PR.A.PFD:Canada WN:Canada

Address

22 St. Clair Avenue East, Suite 800, Legal Department, Toronto, ON, CAN, M4T 2S5

Website

https://www.weston.ca

George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages over 700 commercial and residential properties in Canada, generating roughly 60% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.

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